Frank G. Zarb Collection

Frank Gustave Zarb was born in Brooklyn, NY in 1935, the son of Gustave and Rosemary Zarb. He became the first in his family to attend college, graduating from Hofstra University with a Bachelor’s Degree in Business Administration, completed in 1957, and his Master’s of Business Administration completed in 1962.  The Frank G. Zarb School of Business at Hofstra University is named in his honor.

Mr. Zarb spent much of his early career in public service, working for five Presidents of the United States, including a prominent post as energy “czar” under President Gerald Ford during the mid-1970s energy crisis caused by the Arab oil embargo.  After leaving government, Zarb pursued a career in business, gaining a reputation as a “turnaround artist” and a chief executive with great integrity and competence at companies like Lazard, Shearson Lehman Brothers, Alexander and Alexander. He became Chairman and CEO of the National Association of Securities Dealers (NASD) and head of its stock exchange, the Nasdaq, where he strengthened the market’s presence.

Mr. Zarb has served on the Board of Trustees of Hofstra University, as a director of the Lower Manhattan Development Corporation, Chairman of Long Island Power Authority, and Chairman of the Nassau County Interim Finance Authority. He is married to Patricia Koster, and they have a daughter, Krista Anne, a son, Frank Jr., and grandchildren.