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Executive Watch

'Let's hope more successful business executives enter into government roles.'

By Anthony J. LoPinto | Updated on January 23, 2007
Perspective

Last week, New York City’s Mayor Michael Bloomberg announced the appointment of Robert Lieber, a managing director of Lehman Brothers Real Estate Group, to serve as president of the New York City Economic Development Corporation, the primary vehicle for implementing the City’s economic-development strategy.  When I heard about the appointment, I was impressed that the Mayor turned to such an accomplished and well-respected real estate professional to direct this initiative.  We often hear about other successful real estate executives who leave behind the “big bucks” to assume critical public-service roles that help revitalize our cities by running government like a business.  Let’s hope this trend grows, and more successful business executives enter government to raise the bar and end ‘business as usual’ in the political arena. 

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.

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