News Summary
Jersey City Mayor Steven Fulop has been appointed as the new CEO of the Partnership for New York City, succeeding Kathy Wylde. Fulop, a 48-year-old veteran of Wall Street and mayor for 13 years, will lead the organization through economic uncertainties. His tenure has seen significant economic growth and critical developments in Jersey City, including affordable housing and transportation improvements. Fulop’s experience is expected to be an asset as the Partnership faces ongoing challenges in the business sector.
Jersey City, New Jersey — Jersey City Mayor Steven Fulop has been appointed as the new chief executive officer of the Partnership for New York City. He will take over from longtime leader Kathy Wylde, who announced her retirement earlier this year after serving for 25 years.
Fulop, 48, was selected by a search committee co-chaired by Pfizer CEO Albert Bourla, Tishman Speyer CEO Robert Speyer, and Hearst Corp. CEO Steven Swartz. His appointment follows a competitive selection process that included over 30 candidates vying for the position. Fulop’s background includes a tenure on Wall Street, having previously worked at Goldman Sachs.
During his 13 years as mayor, Fulop has focused on economic, social, and cultural growth in Jersey City. His administration has added over $1.4 billion to the city’s tax rolls and facilitated the construction of over 10,000 mixed-income residential units. Notable achievements include expanding the Citi Bike program to 50 new locations across the city and increasing support for the arts and culture sector. Furthermore, he has been instrumental in establishing Jersey City as the first municipality in New Jersey and the sixth in the U.S. to implement paid sick leave regulations.
Fulop’s leadership agenda has also prioritized improvements to city transportation, infrastructure initiatives, and affordable housing projects. Although he finished third in the June Democratic primary for New Jersey governor, losing to Representative Mikie Sherrill, his political experience is seen as a key asset for the Partnership as the business community navigates uncertain economic times.
In expressing gratitude for his new role, Fulop acknowledged the critical contributions of the Partnership’s member organizations to New York’s economy. The announcement of his appointment did not specify a start date; however, Fulop’s current term as mayor is set to conclude in January 2026, while Wylde plans to step down in June 2024.
Fulop’s previous service includes time in the Marine Corps after the September 11 attacks, during which he participated in the Iraq War. Kathy Wylde’s leadership is recognized for leaving a significant impact not only on the Partnership for New York City but also on the broader economic landscape of New York City.
This transition in leadership marks a new chapter for the Partnership for New York City. With ongoing challenges in the business sector, Fulop’s proven political acumen may help guide the organization and its members through the complexities of the current economic environment.
Deeper Dive: News & Info About This Topic
HERE Resources
Jersey City Appoints Steven Fulop as New President of Partnership for New York City
Jersey City Mayor Steven Fulop Appointed CEO of Partnership for New York City
Jersey City Mayor Steve Fulop in Running for NYC CEO Position
Additional Resources
- The New York Times
- amNY
- Hudson County View
- Bloomberg
- Crain’s New York
- Wikipedia: Partnership for New York City
- Google Search: Steven Fulop
- Google Scholar: Steven Fulop
- Encyclopedia Britannica: New York City
- Google News: Steven Fulop
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