New York, NY – The Museum of American Finance will honor the achievements of three financial leaders in the public and private sectors at its annual gala on February 24, 2020 at Cipriani Wall Street.
Dan Schulman, President and CEO of PayPal, will receive the Schwab Award for Financial Innovation, which recognizes individuals who have introduced new markets or new financial instruments to our financial system. Mr. Schulman is leading PayPal to reimagine how people move and manage money, how merchants and consumers interact and transact, and how to transform financial services to benefit people around the world. Mr. Schulman is the recipient of the 2017 Brennan Legacy Award, established to honor the Supreme Court justice and his career-long commitment to social justice and “common human dignity.” The Council for Economic Education named him as its 2017 Visionary for promoting economic and financial literacy to create a better-informed society. He was also honored with the Financial Health Network’s inaugural Visionary Award in 2018 for his commitment to improving the financial lives of people around the world. In 2019, Mr. Schulman was recognized by Endeavor Global with the High-Impact Leader of the Year Award for his work to support entrepreneurs around the globe. For three consecutive years, he has been recognized by Fortune as a Businessperson of the Year. He has also been named one of the top 100 most creative people by Fast Company and, in 2019, named one of Glassdoor's top CEOs. In addition, he has been recognized as one of the top 10 most innovative CEOs in banking.
The Whitehead Award for Distinguished Public Service and Financial Leadership will recognize the significant contributions of James P. Gorman, Chairman and CEO of Morgan Stanley. Named after the late John C. Whitehead, former Deputy Secretary of State and Co-Chair of Goldman Sachs, the Whitehead Award recognizes leaders who demonstrate great achievement in the field of finance and have also served with distinction in the public sphere. Among his civic activities, Mr. Gorman serves as a Director of the Federal Reserve Bank of New York and the Council on Foreign Relations, Chairman of the Financial Services Forum and Co-Chair of the Board of Overseers of the Columbia Business School. He is a member of the Business Council and the Business Roundtable. He formerly served as President of the Federal Advisory Council to the US Federal Reserve Board, Co-Chairman of the Partnership for New York City, Chairman of the Board of the Securities Industry and Financial Markets Association and Co-Chairman of the Business Committee of the Metropolitan Museum of Art.
A third award, the Museum’s Lifetime Achievement Award, will be introduced at the 2020 Gala and will honor the achievements of Peter A. Cohen, Chairman and CEO of Andover National Corporation. Prior to his current position, Mr. Cohen served as Chairman and CEO of Cowen Inc. and as Vice Chairman of Republic New York Corporation. Prior to that, he spent two decades rising through the ranks of the firm that would eventually become Shearson Lehman Brothers. Mr. Cohen has served on the boards of numerous prestigious institutions, including the New York Stock Exchange, the Depository Trust Company, the New York Federal Reserve’s Capital Markets Advisory Committee, Titan International Corporation, L-3 Communications, American Express, Shearson Lehman Brothers, Telecom Italia, Olivetti sPa, Mount Sinai Medical Center and Kroll Inc. He is currently Lead Director of Scientific Games Corporation.
For more information on the Museum’s 2020 Gala, please visit www.moaf.org/2020gala.
About the Museum of American Finance
As a socially relevant organization, the Museum of American Finance seeks to improve understanding of the influence of financial institutions and capital markets on the US and global economies, and on individuals’ lives. The nation’s only independent museum dedicated to finance and financial history educates the public through exhibits, financial literacy programs and public events. The Museum, an affiliate of the Smithsonian Institution, seeks to empower individuals of all backgrounds to strive toward financial independence, while encouraging curiosity and discovery. For more information, visit www.moaf.org or connect with the Museum on social media.
Media contact:
Kristin Aguilera, Deputy Director
Museum of American Finance
212-908-4695, kaguilera@moaf.org