Current Position

NYIT trustee and CEO of Lake Success, N.Y.-based Broadridge Financial Solutions, a technology services company focused on global capital markets that processes more than $4 trillion daily. In 2010, the New York State Society for Human Resource management ranked Broadridge Financial as the No. 1 “Best Large Company to Work For in New York.”

Scientific Method 

“I was originally a computer engineering major but there were so few jobs in the early ’70s. Many people around me were saying, ‘How many computers is the world really going to need?’ So I decided to focus on accounting, which is the science of business.”

Practical Matters 

“NYIT for me was an opportunity to get more out of life than good grades. I liked the interaction with professors who not only taught but also did it for a living. There are times when I tell high-priced lawyers ‘No’ because of something said with common sense by Professor Adele Deerson in class.”

Quick Study 

After graduating from NYIT, Richard worked for high-profile firms such as Arthur Andersen and Touche Ross. “Between my street-smart upbringing and the pragmatic education I received from NYIT, I was a very effective auditor in that I could understand the numbers and the business quickly. I found fraud twice but the thing I enjoyed the most was the interaction with management on the opportunities to help their business perform better.” Richard sold the business he founded to ADP and went on to serve as group president of ADP’s Brokerage Services Group. Later, he spun off Broadridge from the company in 2007 to serve as its CEO.

Valued Advice 

“The most important part of being successful is a foundation of strong values and beliefs. Broadridge is constantly ranked at the top in all the services it provides. We value doing the right thing, not worrying about the short-term, and exceeding customer expectations.”

Favorite Movie 

Rudy. “I have a quote near my desk from Henry Ford: ‘Whether you think you can, or you think you can’t—you’re right.’ That's what that movie was all about.”

Last Book Read 

All the Devils Are Here: The Hidden History of the Financial Crisis by Joe Nocera

Daly Drive 

Richard is an avid sports car enthusiast. Among his collection are a 1966 Corvette Stingray and a 1988 Porsche 930 Slantnose Turbo.

More Alumni Notes

Summer 2011 Table of Contents