Richard J. Lampen is our Executive Vice President and Chief Operating Officer as well as Executive Vice President and Chief Operating Officer of our subsidiary, New Valley LLC, and is a member of our Board of Directors. Mr. Lampen also serves as Executive Vice President and Chief Operating Officer and as a member of the Board of Directors of Douglas Elliman Inc. (NYSE: DOUG), a leading residential real estate brokerage company offering a comprehensive suite of technology real estate services and investments, and as a member of the Board of Managers of its subsidiary, Douglas Elliman Realty, LLC. From September 2006 until its acquisition in February 2020, Mr. Lampen served as President and Chief Executive Officer of Ladenburg Thalmann Financial Services (“Ladenburg”), a publicly-traded diversified financial services company, which was acquired by Advisor Group, a portfolio company of Reverence Capital Partners. Mr. Lampen also served as Chairman of Ladenburg Thalmann from September 2018 until the company was acquired. From October 2008 until October 2019, Mr. Lampen served as President and Chief Executive Officer and was a member of the Board of Directors of Castle Brands Inc. (“Castle”), a publicly-traded spirits company, prior to its acquisition by Pernod Ricard. Vector held an approximate 10% interest in Ladenburg and an approximate 8% equity interest in Castle.
Mr. Lampen serves as a member of the Executive Committee of the Frost Science Museum in Miami and as a member of the National Board of the American Jewish Committee. Mr. Lampen is the past Chair of the Board of Directors of the Financial Services Institute and the past Chair of the Board of Trustees of the Ransom Everglades School and is a director and past Chair of the Board of Directors of the Miami Children’s Museum.
Prior to joining Vector in 1995, Mr. Lampen was a partner at Steel Hector & Davis, a law firm located in Miami, Florida. Previously, Mr. Lampen was a Managing Director at Salomon Brothers Inc. Mr. Lampen has served as a director of a number of companies, including Ladenburg Thalmann Financial Services Inc., Castle Brands Inc., Douglas Elliman Realty, LLC, New Valley Corporation, U.S. Can Corporation, Spec’s Music Inc. and The International Bank of Miami, N.A., as well as a court-appointed independent director of Trump Plaza Funding, Inc.
Mr. Lampen received a Bachelor of Arts degree from Johns Hopkins University and a Juris Doctorate from Columbia Law School.
What is Richard Lampen's net worth?
The estimated net worth of Richard Lampen is at least $32.50 million as of July 5th, 2024. Mr. Lampen owns 2,167,804 shares of Vector Group stock worth more than $32,495,382 as of March 30th. This net worth estimate does not reflect any other investments that Mr. Lampen may own. Additionally, Mr. Lampen receives an annual salary of $1,510,000.00 as President and Chief Executive Officer at Vector Group. Learn More about Richard Lampen's net worth.
How old is Richard Lampen?
Mr. Lampen is currently 70 years old. There are 6 older executives and no younger executives at Vector Group. The oldest executive at Vector Group is Mr. Fredrick W. Schmidt III, CPA, VP & Controller, who is 79 years old. Learn More on Richard Lampen's age.
What is Richard Lampen's salary?
As the President and Chief Executive Officer of Vector Group Ltd., Mr. Lampen earns $1,510,000.00 per year. The highest earning executive at Vector Group is Mr. Howard M. Lorber, President, CEO & Director, who commands a salary of $4,850,000.00 per year. Learn More on Richard Lampen's salary.
How do I contact Richard Lampen?
The corporate mailing address for Mr. Lampen and other Vector Group executives is 4400 BISCAYNE BOULEVARD, MIAMI FL, 33137. Vector Group can also be reached via phone at (305) 579-8000 and via email at cclancy@sardverb.com. Learn More on Richard Lampen's contact information.
Has Richard Lampen been buying or selling shares of Vector Group?
Richard Lampen has not been actively trading shares of Vector Group in the last ninety days. Most recently, on Friday, September 8th, Richard Lampen bought 10,000 shares of Vector Group stock. The stock was acquired at an average cost of $10.32 per share, with a total value of $103,200.00. Following the completion of the transaction, the chief operating officer now directly owns 797,627 shares of the company's stock, valued at $8,231,510.64. Learn More on Richard Lampen's trading history.
Who are Vector Group's active insiders?
