Early life: 1935-1952
Frank Gustave Zarb was born in Brooklyn, NY, on February 17, 1935, to parents Gustave and Rosemary Zarb. Photograph of his parents c. 1933.
Frank with his sister, his mother, and grandparents.
Class Photo - P.S. 193 Brooklyn, 1949, Frank is in first row, second from right.
Frank graduated from vocational high school in Flatbush, Brooklyn, with a mechanic s certification, but his English teacher encouraged him to pursue a higher degree of education. This is the wing tip he created as part of his graduation requirements.
Attendance at Hofstra: 1953-1957, 1959-1962
Frank attended Hofstra College for both his Bachelor s Degree in Business Administration completed in 1957, and his Master s of Business Administration completed in 1962.
Photographs from Hofstra yearbook, Nexus.
Hofstra College fraternity brothers, Frank second from right, 1956.
Photograph from Nexus, Hofstra s yearbook, 1956.
During March of 1957 Frank was married to his wife, Patricia Koster, and they would later have two children, Krista Anne and Frank, Jr.
Following his undergraduate graduation, Frank served a year-long term in the United States Army, from 1957-58. He also served eight years in the US Army Reserve, retiring with the rank of Captain. Photographed at Fort Knox, 1957.
After service, Frank returned to Hofstra to earn his MBA, completing it in 1962.
Public Service:
Frank was recruited to become the Assistant Secretary of Labor, in the Nixon Administration. Here he is pictured with his family, from left to right: Krista Anne, Frank G., Frank Jr., and Patricia, circa 1970.
Photograph of Frank with President Richard Nixon, 1971
Frank intended to leave public office but was then asked to stay on and become an Associate Director of the Office of Management and Budget.
Swearing in ceremony at the Office of Management and Budget. This photo was taken after swearing in, while Ford was Vice President, Feb. 6, 1974. Pat Zarb is holding the bible. Looking on is the Director of OMB, Roy Ash and Fred Mallick, the Deputy Director (Richard Nixon s head of White House Personnel.)
President Nixon signing the budget in cabinet room, 1974. Frank is standing behind Nixon and slightly to the left in the photograph.
President Ford appointed Zarb the Energy Czar which afforded him the opportunity to work with the US Energy Department. He is pictured in his office in the Federal Energy Administration, 1974
Zarb, Greenspan, Bill Siedman - with President Ford announcing increased tariff on each barrel of oil.
Discussing energy with Henry Kissinger.
Gulf Meeting with President Ford.
Jack Marshall (Secretary of Army), Senate liaison at the White House, Alan Greenspan, Rogers Morton (Secretary of the Interior), Dick Cheney (Chief of Staff), Ronald Nessen, Zarb, and Ford, developing energy bill, Aug. 1975
KNBC Sunday Show
Visiting the Alaska Pipeline, November 29, 1975
Talking about energy issues on television, 1975
Trip to Saudi Arabia to examine the first oil well, nicknamed Lucky 7, June 1976
Aboard Presidential yacht.
After his White House years, Frank Zarb worked with other presidents as an advisor. In addition to directly serving Richard Nixon and Gerald Ford, he served in an advisory role to Presidents Ronald Reagan, George H. Bush and William Clinton. He has served as a Director on thirteen public company boards. He served as Chairman of Long Island Power Authority, and Chairman of the Nassau County Interim Finance Authority. In 2003, the Governor of NY named him Chairman of the NYS Commission on education reform and he was also one of the directors of the Lower Manhattan Development Corporation after the September 11th World Trade Center attacks. In addition, he has served on Hofstra s Board of Trustees since 1978.
Ford and Zarb in California after Ford was out of office, 1990
While serving as an energy advisor, Frank Zarb was able to get both Republicans and Democrats to agree to compromise. In doing so, he and John Dingell became close friends. This bill was passed in 1990 and continued the long struggle to gain energy independence that Zarb began in the 1970 s.
Photograph, c. 1992.
Dedication of Frank G. Zarb School of Business at Hofstra University, 1994
At the opening of the Ford Presidential Library in 1997
President Ford s 90 th birthday at the White House, 2003.
Frank became the Chairman and CEO of the National Association of Securities Dealers (NASD), a non-governmental organization that performs financial regulation of member brokerage firms and exchange markets. At this time Mr. Zarb was also head of NASDQ s stock exchange, the Nasdaq. He resigned from this position in 2001 although he remained a senior adviser to both companies and still held seats on two of Nasdaq s international boards of directors.
Frank G. Zarb is Chairman of Frank Zarb Associates, LLC. He is nonexecutive Chairman of Promontory Financial Group, LLC and he serves as Senior Advisor to Hellman & Friedman, LLC. He has served as a Director on thirteen public company boards. He continues to teach and advise on financial topics, and to speak on energy policy.