Edward Regan
This articlerelies largely or entirely on asingle source.(October 2014) |
Edward Regan | |
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![]() Edward v. Regan | |
1stChairman of the Erie County Fiscal Stability Authority | |
In office 2005–2006 | |
Preceded by | Position established |
Succeeded by | Anthony Baynes Sr. |
8th President ofBaruch College | |
In office 2000–2004 | |
Preceded by | Sidney I. Lirtzman |
Succeeded by | Kathleen Waldron |
51stComptroller of New York | |
In office January 1, 1979 – May 7, 1993 | |
Governor | Hugh Carey Mario Cuomo |
Preceded by | Arthur Levitt Sr. |
Succeeded by | Carl McCall |
3rdExecutiveofErie County | |
In office 1972–1978 | |
Preceded by | B. John Tutuska |
Succeeded by | Ed Rutkowski |
Personal details | |
Born | Edward Van Buren Regan May 14, 1930 Plainfield, New Jersey,U.S. |
Died | October 18, 2014 Greenwich, Connecticut,U.S. | (aged 84)
Political party | Republican |
Education | Hobart College University at Buffalo Law School |
Profession | Businessman Public official |
Edward Van Buren Regan(May 14, 1930 – October 18, 2014) (nicknamedNed)[1]was an American politician and public figure fromNew York State.He was a member of theRepublican Party.
Regan's political career began on theBuffalo Common Council.He rose to prominence as the thirdErie County Executiveduring the 1970s. Regan then becameNew York State Comptroller,and served in that role for nearly 15 years. He appeared on the Republican ticket in five statewide elections, more than any politician in the history of New York. From 2000 to 2004, Regan was president ofBaruch Collegeof theCity University of New York,where he also served as a professor.
Life
[edit]Born inPlainfield, New Jerseyto William and Allison (née Van Buren) Regan, Edward Van Buren Regan was raised inUtica, New York.[2]He attendedNichols School,a prep school inBuffalo, New York,graduating in 1947.[2]
He graduated an economics major in the Hobart Class of 1952 atHobart and William Smith Colleges,where he was a member ofThe Kappa Alpha Society.[2][3]He served in theUnited States Navyas an intelligence officer from 1952 to 1953, then returned to Buffalo to help run his family's liquor business.[2]He graduatedcum laudefromUniversity at Buffalo Law Schoolin 1964.[2]
Prior to becoming Comptroller, Regan served as County Executive ofErie County.[2]He also served as a councilman in Buffalo.[2]In 1970, he was defeated by the incumbent ComptrollerArthur Levitt Sr.,but was electedNew York State Comptrollerin 1978, and re-elected in 1982, 1986 and 1990.[2]He remained in office until May 7, 1993 when he resigned.[2]He was succeeded byCarl McCallwho was elected by theNew York State Legislatureto fill the unexpired term.[2]In 1988, Regan was investigated by law enforcement officials after the disclosure of a memo written by members of his staff, one of which pointedly said of campaign contributors that "Those who give will get." He denied any impropriety.[2]
Regan was briefly a candidate for the Republican nomination forGovernor of New Yorkin 1982, but withdrew from the race.[4]Regan was Chairman of theMunicipal Assistance Corporationfor New York City in the 1990s. The corporation was set up in the 1970s to assist with the financial recovery of New York City following the city's fiscal crisis and near bankruptcy.[2]
In the early 1990s, Regan served as a member of the USCompetitiveness Policy Counciland ably led its efforts on Corporation Governance. After leaving the comptroller's office, Regan served as a board member of numerous business and nonprofit organizations. He was President ofBaruch Collegein New York from 2000-04.[2]
After retiring from the Baruch presidency, Regan became a professor at the Graduate Center of theCity University of New York.He served as a trustee of the Financial Accounting Foundation and was a consultant to the Chairman of the Financial Accounting Standards Board (FASB) on matters of the convergence of GAAP with international accounting standards. For several months in 2005 and 2006, he served as the first chairman of the Erie County Fiscal Stability Authority, which was set up by the state in order to oversee the county's finances and make recommendations to the county government on financial affairs. The authority, considered a "soft" control board, was created in response to the Erie County fiscal crisis of 2005.[2]
In January 2007, he served on the search committee for a new State Comptroller, following the resignation of ComptrollerAlan Hevesi.The other search committee members were former State ComptrollerCarl McCalland former New York City ComptrollerHarrison J. Goldin.The committee recommended New York City Finance CommissionerMartha Stark,Nassau County ComptrollerHoward Weizmanand businessman William Mulrow to the State Legislature for consideration, but the Legislature electedThomas DiNapoliinstead.[2]
Regan was a faculty member at the City University of New York (CUNY), holding the title of "Distinguished Professor" at Baruch College and the Graduate Center, and also teaching at the Macaulay Honors College on the civic and economic issues affecting New York City. He was a consultant to the chairman of the Financial Accounting Standards Board (FASB) working on a project with the International Accounting Standards Board (IASB) to create a global set of high-quality financial reporting standards. He was active in many civic organizations such as theCouncil on Foreign Relations,the Committee for Economic Development and the New York Economic Club.[2]
Death
[edit]On October 18, 2014, Regan died at a hospital inGreenwich, Connecticutat the age of 84. At the time of his death he hadAlzheimer's diseaseand lived in a retirement home inRye, New York.[2]
Political campaigns
[edit]1970 NYS Republican ticket
[edit]- Governor:Nelson Rockefeller
- Lieutenant Governor:Malcolm Wilson
- Comptroller: Edward Regan
- Attorney General:Louis Lefkowitz
- U.S. Senate:Charles Goodell
1978 NYS Republican ticket
[edit]- Governor:Perry B. Duryea Jr.
- Lieutenant Governor:Bruce Caputo
- Comptroller: Edward Regan
- Attorney General:Michael Roth
1982 NYS Republican ticket
[edit]- Governor:Lewis Lehrman
- Lieutenant Governor:James L. Emery
- Comptroller: Edward Regan
- Attorney General:Frances Sclafani
- U.S. Senate:Florence Sullivan
1986 NYS Republican ticket
[edit]- Governor:Andrew O'Rourke
- Lieutenant Governor:E. Michael Kavanagh
- Comptroller: Edward Regan
- Attorney General:Peter T. King
- U.S. Senate:Alfonse D'Amato
1990 NYS Republican ticket
[edit]- Governor:Pierre Rinfret
- Lieutenant Governor:George Yancey
- Comptroller: Edward Regan
- Attorney General:Bernard C. Smith
References
[edit]- ^"EDWARD REGAN Obituary (1930 - 2014) - New York City, NY - New York Times".Legacy.com.New York Times.
- ^abcdefghijklmnopqMcFadden, Robert D."Edward V. Regan, Longtime New York State Comptroller, Dies at 84",The New York Times,October 18, 2014. Accessed October 19, 2014. "Edward Van Buren Regan was born in Plainfield, NJ, on May 14, 1930, the oldest of five children of William and Caroline Van Buren Regan. He attended primary school in Utica, N.Y., and graduated from the Nichols School in Buffalo in 1947 and from Hobart College in Geneva, N.Y., in 1952."
- ^Stanziani, Joseph H. (1952).Echo of the Seneca [1952] - The 1952 Echo profiles the Class of 1952 and covers the 1951-1952 academic year.Hobart and William Smith Colleges. p. 49.
- ^"Edward V. Regan, Longtime New York State Comptroller, Dies at 84".
Sources
[edit]- The campaign finance controversy, in NYT on March 9, 1989
- His resignation from Baruch, inThe Tickeron February 2, 2004
- His resignation announced, in theNew York Timeson February 19, 1993