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{{short description|American banker}}
{{Infobox officeholder {{Infobox officeholder
| name = Derek Bryson Park | name = Derek Bryson Park
| image = DBP 002 T1 crop 01.jpg | image = DBP 002 T1 crop 01.jpg
| office = Director of the Federal Home Loan Bank of New York | office = Director of the Federal Home Loan Bank of New York
| president = ] | president = ], ]
| party = ] | party = ]
| birth_name = Derek Bryson Park, New York, NY, USA | birth_name = Derek Bryson Park, New York, NY, USA
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| alma_mater = ], | alma_mater = ],
New York University New York University
| profession = ] | profession = ]
| website = http://derekbrysonpark.com/ | website = http://derekbrysonpark.com/
| term_start = March 1999 | term_start = March 1999
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}} }}


'''Derek Bryson Park''' (born April 11, 1956) is an ] Portfolio Manager, currently serving as Principal of Wilmington Capital Securities.<ref name=":15">{{cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=128037867&privcapId=4326038|title=Derek Bryson Park: Executive Profile & Biography - Bloomberg|website=www.bloomberg.com}}</ref> Park has held a number of public positions in his career, including Director of the ], Vice-Chairman of New York Industrial Development Agency and Director of the ]. '''Derek Bryson Park''' (born April 11, 1956) is an American businessman and public servant.<ref name=":15">{{cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=128037867&privcapId=4326038|title=Derek Bryson Park: Executive Profile & Biography - Bloomberg|website=www.bloomberg.com}}</ref><ref>{{Cite web|title=BrokerCheck - Find a broker, investment or financial advisor|url=https://brokercheck.finra.org/individual/summary/1318482|access-date=2021-01-07|website=brokercheck.finra.org}}</ref><ref>''“Park Named to Board of NY Home Loan Bank”'' The Natchez Democrat from Natchez, Mississippi-Page 1D. April 11, 1999</ref> Park has held a number of public positions in his career, including director of the ],<ref name="Securities exec named to board of N">{{cite news |title=Securities exec named to board of N.Y. bank |work=The Clarion-Ledger from Jackson, Mississippi |date=11 April 1999|page=25}}</ref> vice-chairman of ] and director of the ].<ref name="N.Y.C. IDA Vice Chair Quits">{{cite news |last1=Phillips |first1=Ted |title=N.Y.C. IDA Vice Chair Quits |url=https://www.bondbuyer.com/news/nyc-ida-vice-chair-quits |access-date=10 June 2021 |work=The Bond Buyer |date=14 May 2010}}</ref>


Park has also worked in finance at several firms, including Cohane Rafferty Securities,<ref name="Securities exec named to board of N"/> ]<ref name="N.Y.C. IDA Vice Chair Quits"/> and Wilmington Capital Securities.<ref name=":15"/>
⚫ Park attended ] and earned a Bachelor of Arts degree in 1977.<ref name=":0">{{Cite news|url=https://www.newspapers.com/newspage/184852045/|title=Securities Executive Named to Board of N.Y. bank|last=|first=|date=|work=Clarion-Ledger from Jackson, Mississippi|access-date=2018-05-31|publication-date=April 11, 1999|page=1C|language=en}}</ref> In 1979, he earned an ] from New York University's ], and a Ph.D. from the ] in 1982.<ref name=":0" /> While pursuing his education, Park was made Director of Stadium Operations of the ]s at Flushing Meadows in 1979,<ref>{{Cite news|url=https://www.nytimes.com/1979/09/02/archives/reporters-notebook-opens-closed-places.html|title=Reporter's Notebook: Open's Closed Places|last=|first=|date=September 2, 1979|work=The New York Times|access-date=|publication-place=|page=S 7}}</ref><ref>Park, Derek, Bryson. “1980 U.S. OPEN PANORAMAS.” U.S. OPEN-USTA National Tennis Center, New York-Special Centennial Edition (September 1–13, 1981); Page 152. Tennis Championships Magazine (Special U.S. Open edition Vol. 31 No. 8); Publisher: H.O. Zimman, Inc.; Copyright 1981 by H.O. Zimman, Inc.</ref> and Operations Manager of the ] in the early 1980s.<ref name=":10">International Who's Who In Tennis; Library of Congress Catalog Card No. 83-050904; International Standard Book No. 0-9611296</ref><ref>'''Tournament of Champions, Forest Hills, New York''' (May 2–9, 1982); WCT Official Magazine (VOL. 32/ NO. 4); Publisher: H.O. Zimman, Inc.; Copyright 1982 by World Championship Tennis Magazine.</ref>


==Early life and education==
During the 1980s, Park worked at California-based Callon Petroleum Company and ].<ref name=":0" /><ref>{{Cite web|url=https://www.callon.com/|title=Callon Petroleum Company (CPE)|website=Callon Petroleum Company|language=en|access-date=2019-06-22}}</ref> In 1983, Park served as Statewide Campaign Manager for the then Attorney General of Mississippi ] during his succession run and election to Governor.<ref>'''“Allain, Edwards Here Friday”''' The Natchez Democrat from Natchez, Mississippi-Page 1 Page 1D. December 15, 1983</ref>
⚫ Park attended ] and earned a Bachelor of Arts degree in 1977.<ref name=":0">{{Cite news|url=https://www.newspapers.com/newspage/184852045/|title=Securities Executive Named to Board of N.Y. bank|last=|first=|date=|work=Clarion-Ledger from Jackson, Mississippi|access-date=2018-05-31|publication-date=April 11, 1999|page=1C|language=en}}</ref> In 1979, he earned an ] from New York University's ], and a Ph.D. from the ] in 1982.<ref name=":0" /> While at NYU, Park was director of stadium operations of the ]s at Flushing Meadows in 1979,<ref>{{Cite news|url=https://www.nytimes.com/1979/09/02/archives/reporters-notebook-opens-closed-places.html|title=Reporter's Notebook: Open's Closed Places|last=|first=|date=September 2, 1979|work=The New York Times|access-date=|publication-place=|page=S 7}}</ref><ref>Park, Derek, Bryson. “1980 U.S. OPEN PANORAMAS.” U.S. OPEN-USTA National Tennis Center, New York-Special Centennial Edition (September 1–13, 1981); Page 152. Tennis Championships Magazine (Special U.S. Open edition Vol. 31 No. 8); Publisher: H.O. Zimman, Inc.; Copyright 1981 by H.O. Zimman, Inc.</ref> and operations manager of the ] in the early 1980s.<ref name=":10">International Who's Who In Tennis; Library of Congress Catalog Card No. 83-050904; International Standard Book No. 0-9611296</ref><ref>Tournament of Champions, Forest Hills, New York (May 2–9, 1982); WCT Official Magazine (VOL. 32/ NO. 4); Publisher: H.O. Zimman, Inc.; Copyright 1982 by World Championship Tennis Magazine.</ref>


], Park, and ].{{when|date=February 2021}}|alt=|left|275x275px]]
⚫ In 1999, he was appointed by the ] to the Federal Home Loan Bank of New York as Director, and remained in the position until 2002.<ref name=":14">{{Cite news|title=The Federal Home Loan Bank of New York Names Executive|language=en|work=American Banker|url=https://www.americanbanker.com/news/the-federal-home-loan-bank-of-new-york-names-executive-ab108233|access-date=2017-12-11}}</ref> The then went onto serve in other public positions in ], including Commissioner of the New York City Commission on Human Rights.{{citation needed|date=September 2020}}


==Career==
Tennis Star Ivan Lendl; Derek Bryson Park; and Co-founder of World Champion Tennis ; Founder of the American Football League (“AFL”); and Founder and Owner of the Kansas City Chiefs of the National Football League (“NFL”), Lamar Hunt.|alt=]]
During the 1980s, Park worked at California-based ].<ref name="Securities exec named to board of N"/> In 1983, Park served on the campaign staff for the then-] ] during his election to become Governor.<ref>“Allain, Edwards Here Friday” The Natchez Democrat from Natchez, Mississippi-Page 1 Page 1D. December 15, 1983</ref> From 1985 to 1988, he was at ], an advertising agency.<ref name="Securities exec named to board of N"/> In 1988, Park moved to Cohane Rafferty Securities,<ref name="Securities exec named to board of N"/> where he became managing director, and then worked at Lehman Brothers after the latter acquired Cohane Rafferty in 2002.<ref name="N.Y.C. IDA Vice Chair Quits"/> He also served on the board of Southwest Security, the holding company of United Mississippi Bank.<ref name="Securities exec named to board of N"/>

⚫ In 1999, he was appointed by the ] to the Federal Home Loan Bank of New York as Director, and remained in the position into the ] until 2002.<ref name=":14">{{Cite news|title=The Federal Home Loan Bank of New York Names Executive|language=en|work=American Banker|url=https://www.americanbanker.com/news/the-federal-home-loan-bank-of-new-york-names-executive-ab108233|access-date=2017-12-11}}</ref><ref>{{Cite web|title=Clarion-Ledger from Jackson, Mississippi on April 11, 1999 · Page 25|url=http://www.newspapers.com/newspage/184852045/|access-date=2021-01-07|website=Newspapers.com|date=11 April 1999 |language=en}}</ref> Park then went on to serve in other public positions in ], including vice-chairman of the New York City Industrial Development Agency<ref name="N.Y.C. IDA Vice Chair Quits"/> and as a Commissioner of the New York City Commission on Human Rights.<ref>{{cite web |title=2006 Annual Report |url=https://www1.nyc.gov/assets/cchr/downloads/pdf/annual06.pdf |website=NYC.gov |publisher=New York City Commission on Human Rights |access-date=15 May 2021}}</ref>

During his time as vice-chairman of the New York City Industrial Development
Agency, Park collaborated with ], president of the ], and David Cohen, executive vice president of the ], to fund the construction of two new ] stadiums in ]. Both the Mets and Yankees received debt financing for their stadiums, totaling $1.6 billion. In 2006, '']'' recognized Park's achievements with the Bond Buyer of the Year award, alongside Levine and Cohen for their involvement.<ref name="N.Y.C. IDA Vice Chair Quits"/><ref>“N.Y.C. IDA Stadium Issue Is Deal of the Year”. ''The Bond Buyer.''  New York Page 1. December 6, 2006.</ref>

In 2010, Park stepped down from his roles as Vice Chair at the IDA and at the NYC Capital Resource Corporation.<ref name="N.Y.C. IDA Vice Chair Quits"/>


==References== ==References==
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{{Commons category|Derek Bryson Park}} {{Commons category|Derek Bryson Park}}

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Latest revision as of 14:05, 23 November 2024

American banker
Derek Bryson Park
Director of the Federal Home Loan Bank of New York
In office
March 1999 – December 2002
PresidentBill Clinton, George W. Bush
Personal details
BornDerek Bryson Park, New York, NY, USA
NationalityAmerican
Political partyRepublican
Residence(s)New York, New York
Alma materWestern University, New York University
ProfessionFinancial services
AwardsThe State of New York Military Commendation Medal (2002);
Honorary Citizen, Natchez, Mississippi (1985)
Websitehttp://derekbrysonpark.com/

Derek Bryson Park (born April 11, 1956) is an American businessman and public servant. Park has held a number of public positions in his career, including director of the Federal Home Loan Banks, vice-chairman of New York City Industrial Development Agency and director of the New York City Economic Development Corporation.

Park has also worked in finance at several firms, including Cohane Rafferty Securities, Lehman Brothers and Wilmington Capital Securities.

Early life and education

Park attended University of Western Ontario and earned a Bachelor of Arts degree in 1977. In 1979, he earned an MPA from New York University's Robert F. Wagner Graduate School of Public Service, and a Ph.D. from the New York University Graduate School of Arts and Science in 1982. While at NYU, Park was director of stadium operations of the US Open Tennis Championships at Flushing Meadows in 1979, and operations manager of the WCT Tournament of Champions in the early 1980s.

Left to right: Ivan Lendl, Park, and Lamar Hunt.

Career

During the 1980s, Park worked at California-based Callon Petroleum Company. In 1983, Park served on the campaign staff for the then-Attorney General of Mississippi William Allain during his election to become Governor. From 1985 to 1988, he was at Interpublic Group, an advertising agency. In 1988, Park moved to Cohane Rafferty Securities, where he became managing director, and then worked at Lehman Brothers after the latter acquired Cohane Rafferty in 2002. He also served on the board of Southwest Security, the holding company of United Mississippi Bank.

In 1999, he was appointed by the Clinton administration to the Federal Home Loan Bank of New York as Director, and remained in the position into the George W. Bush administration until 2002. Park then went on to serve in other public positions in New York, including vice-chairman of the New York City Industrial Development Agency and as a Commissioner of the New York City Commission on Human Rights.

During his time as vice-chairman of the New York City Industrial Development Agency, Park collaborated with Randy Levine, president of the New York Yankees, and David Cohen, executive vice president of the New York Mets, to fund the construction of two new baseball stadiums in New York City. Both the Mets and Yankees received debt financing for their stadiums, totaling $1.6 billion. In 2006, The Bond Buyer recognized Park's achievements with the Bond Buyer of the Year award, alongside Levine and Cohen for their involvement.

In 2010, Park stepped down from his roles as Vice Chair at the IDA and at the NYC Capital Resource Corporation.

References

  1. ^ "Derek Bryson Park: Executive Profile & Biography - Bloomberg". www.bloomberg.com.
  2. "BrokerCheck - Find a broker, investment or financial advisor". brokercheck.finra.org. Retrieved 2021-01-07.
  3. “Park Named to Board of NY Home Loan Bank” The Natchez Democrat from Natchez, Mississippi-Page 1D. April 11, 1999
  4. ^ "Securities exec named to board of N.Y. bank". The Clarion-Ledger from Jackson, Mississippi. 11 April 1999. p. 25.
  5. ^ Phillips, Ted (14 May 2010). "N.Y.C. IDA Vice Chair Quits". The Bond Buyer. Retrieved 10 June 2021.
  6. ^ "Securities Executive Named to Board of N.Y. bank". Clarion-Ledger from Jackson, Mississippi. April 11, 1999. p. 1C. Retrieved 2018-05-31.
  7. "Reporter's Notebook: Open's Closed Places". The New York Times. September 2, 1979. p. S 7.
  8. Park, Derek, Bryson. “1980 U.S. OPEN PANORAMAS.” U.S. OPEN-USTA National Tennis Center, New York-Special Centennial Edition (September 1–13, 1981); Page 152. Tennis Championships Magazine (Special U.S. Open edition Vol. 31 No. 8); Publisher: H.O. Zimman, Inc.; Copyright 1981 by H.O. Zimman, Inc.
  9. International Who's Who In Tennis; Library of Congress Catalog Card No. 83-050904; International Standard Book No. 0-9611296
  10. Tournament of Champions, Forest Hills, New York (May 2–9, 1982); WCT Official Magazine (VOL. 32/ NO. 4); Publisher: H.O. Zimman, Inc.; Copyright 1982 by World Championship Tennis Magazine.
  11. “Allain, Edwards Here Friday” The Natchez Democrat from Natchez, Mississippi-Page 1 Page 1D. December 15, 1983
  12. "The Federal Home Loan Bank of New York Names Executive". American Banker. Retrieved 2017-12-11.
  13. "Clarion-Ledger from Jackson, Mississippi on April 11, 1999 · Page 25". Newspapers.com. 11 April 1999. Retrieved 2021-01-07.
  14. "2006 Annual Report" (PDF). NYC.gov. New York City Commission on Human Rights. Retrieved 15 May 2021.
  15. “N.Y.C. IDA Stadium Issue Is Deal of the Year”. The Bond Buyer.  New York Page 1. December 6, 2006.

See also

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