Early life:
1935-1952
Frank Gustave Zarb was born in Brooklyn,
NY, on February 17, 1935, to parents
Gustave and Rosemary Zarb.
Photograph of his parents c. 1933.
Frank with his sister, his mother, and grandparents.
Class Photo - P.S. 193 Brooklyn, 1949,
Frank is in first row, second from right.
Frank graduated from
vocational high school in
Flatbush, Brooklyn, with a
mechanic’s certification,
but his English teacher
encouraged him to
pursue a higher degree of
education. This is the
wing tip he created as
part of his graduation
requirements.
Attendance
at Hofstra:
1953-1957,
1959-1962
Frank attended Hofstra College for
both his Bachelor’s Degree in
Business Administration
completed in 1957, and his
Master’s of Business Administration
completed in 1962.
Photographs from Hofstra
yearbook, Nexus.
Hofstra College fraternity brothers,
Frank second from right, 1956.
Photograph
from Nexus,
Hofstra’s
yearbook,
1956.
During March of
1957 Frank was
married to his wife,
Patricia Koster, and
they would later
have two children,
Krista Anne and
Frank, Jr.
Following his
undergraduate graduation,
Frank served a year-long
term in the United States
Army, from 1957-58. He
also served eight years in
the US Army Reserve,
retiring with the rank of
Captain. Photographed at
Fort Knox, 1957.
After service, Frank
returned to Hofstra
to earn his MBA,
completing it in
1962.
Public Service:
Frank was recruited to become the Assistant Secretary of Labor, in the Nixon
Administration. Here he is pictured with his family, from left to right:
Krista Anne, Frank G., Frank Jr., and Patricia, circa 1970.
Photograph of Frank with President Richard Nixon, 1971
Frank intended to leave
public office but was then
asked to stay on and
become an Associate
Director of the Office of
Management and Budget.
Swearing in ceremony at the Office of Management and Budget. This photo was taken
after swearing in, while Ford was Vice President, Feb. 6, 1974. Pat Zarb is holding the
bible. Looking on is the Director of OMB, Roy Ash and Fred Mallick, the Deputy Director
(Richard Nixon’s head of White House Personnel.)
President Nixon signing the budget in cabinet room, 1974.
Frank is standing behind Nixon and slightly to the left in the photograph.
President Ford appointed Zarb the “Energy Czar” which afforded him the opportunity
to work with the US Energy Department. He is pictured in his office in the Federal
Energy Administration, 1974
Zarb, Greenspan, Bill Siedman - with President Ford
announcing increased tariff on each barrel of oil.
Discussing energy with Henry Kissinger.
Gulf Meeting with President Ford.
Jack Marshall (Secretary of Army), Senate liaison at the White House, Alan
Greenspan, Rogers Morton (Secretary of the Interior), Dick Cheney (Chief of Staff),
Ronald Nessen, Zarb, and Ford, developing energy bill, Aug. 1975
KNBC Sunday Show
Visiting the Alaska Pipeline, November 29, 1975
Talking about energy issues on television, 1975
Trip to Saudi Arabia to examine the first oil well,
nicknamed Lucky 7, June 1976
Aboard Presidential yacht.
After his White House years, Frank Zarb worked with other presidents as
an advisor. In addition to directly serving Richard Nixon and Gerald
Ford, he served in an advisory role to Presidents Ronald Reagan,
George H. Bush and William Clinton.
He has served as a Director on thirteen public company boards. He
served as Chairman of Long Island Power Authority, and Chairman of
the Nassau County Interim Finance Authority. In 2003, the Governor of
NY named him Chairman of the NYS Commission on education reform
and he was also one of the directors of the Lower Manhattan
Development Corporation after the September 11th World Trade Center
attacks.
In addition, he has served on Hofstra’s Board of Trustees since 1978.
Ford and Zarb in California after Ford was out of office, 1990
While serving as an energy advisor, Frank Zarb was able to get both Republicans
and Democrats to agree to compromise. In doing so, he and John Dingell
became close friends. This bill was passed in 1990 and continued the long
struggle to gain energy independence that Zarb began in the 1970’s.
Photograph, c. 1992.
Dedication of Frank G. Zarb School of Business at Hofstra University, 1994
At the opening of the Ford Presidential Library in 1997
President Ford’s 90th birthday at the White House, 2003.
Frank became the Chairman and CEO of the National Association of Securities
Dealers (NASD), a non-governmental organization that performs financial regulation
of member brokerage firms and exchange markets. At this time Mr. Zarb was also
head of NASDQ’s stock exchange, the Nasdaq. He resigned from this position in 2001
although he remained a senior adviser to both companies and still held seats on two
of Nasdaq’s international boards of directors.
Frank G. Zarb is Chairman of Frank Zarb Associates, LLC. He is nonexecutive Chairman of Promontory Financial Group, LLC and he serves as
Senior Advisor to Hellman & Friedman, LLC. He has served as a Director on
thirteen public company boards. He continues to teach and advise on financial
topics, and to speak on energy policy.