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PostPosted: Thu Jan 12, 2006 11:27 am    Post subject: WTC MEMORIAL FOUNDATION NAMES THREE NEW BOARD MEMBERS Reply with quote


Tuesday, January 10, 2005


Cantor Fitzgerald Chairman & CEO Howard Lutnick, Downtown Community Leader Julie Menin and Business Leader Savita Bhan Wakhlu Join Foundation Board of Directors

The World Trade Center Memorial Foundation today named three new members, Cantor Fitzgerald Chairman and CEO Howard Lutnick, Community Board 1 Chairperson Julie Menin and business leader Savita Bhan Wakhlu, to the Board of Directors. Mr. Lutnick, Ms. Menin and Ms. Wakhlu bring tremendous leadership to the Board as well as connections to the events of September 11th.

“We gladly welcome these three impressive individuals to the Board of the World Trade Center Memorial Foundation,” Chairman John C. Whitehead said. “Howard, Julie and Savita have generously committed themselves to helping the Foundation to build the Memorial.”

“We are enormously proud that Howard, Julie and Savita have joined the Foundation Board,” President & CEO Gretchen Dykstra said. “September 11th was both a local and global event and these members personify that reality.

“As the Chairman & CEO of Cantor Fitzgerald, Howard Lutnick experienced the tragedy of September 11th both personally and professionally. He lost family, friends, and colleagues on that day and has worked tirelessly to help Cantor families in the wake of the attacks and to honor the memory of those lost. We are pleased that he will bring his energy and dedication to building the Memorial.

“As Chairperson of Community Board 1, Julie Menin brings a deep connection to both the residential and business community surrounding the World Trade Center site. Since September 11th, Julie has been active in helping to rebuild downtown and we are happy to have her skills, knowledge and insights contributing to the work of the Foundation.

“Savita offers international connections as well as a personal knowledge of the devastation of terrorism. Members of Savita’s family and her in-laws have been victims of terrorism in India, so she acutely understands the need to create a Memorial which not only commemorates those we lost in the terrorist attacks, but also stands as a symbol of our resolve to end hate and foster tolerance,” Ms. Dykstra said.


Howard Lutnick said, “I am honored to help the Foundation in its efforts to create a fitting Memorial and Museum at the World Trade Center site. We must build the Memorial and Museum to honor the memory of those we lost and ensure that future generations not only understand the unimaginable devastation of the attacks, but know of the countless courageous acts which saved so many lives.”

Julie Menin said, “The events of September 11th had a profound impact on New Yorkers and people around the world. Constructing the Memorial and Museum is vital to rebuilding Lower Manhattan, paying tribute to those we lost and preserving the story of that day. I am honored to contribute to this effort and to work on a project in my own community which carries global significance.”

Savita Wakhlu said, “It is humbling to be a part of the creation of the World Trade Center Memorial. This edifice will be a constant reminder for humanity to strive for global peace, tolerance and harmony.”


Howard W. Lutnick serves as Chairman and Chief Executive Officer of Cantor Fitzgerald, L.P., and Chairman and CEO of eSpeed, Inc., directing all facets of both companies’ operations from their New York City headquarters.

Mr. Lutnick has helped guide the two firms through the devastating aftermath of the September 11, 2001 World Trade Center terrorist attacks that claimed the lives of 658 of the companies’ 960 New York-based employees. Mr. Lutnick also mobilized a number of initiatives to help the families of the firm’s lost colleagues, including the pledge to distribute 25 percent of Cantor Fitzgerald’s profits until 2006 to benefit the families of the employees lost on September 11th. To date, this commitment has provided over $160 million from Cantor Fitzgerald and the Cantor Fitzgerald Relief Fund, a charity created by Mr. Lutnick that provides additional assistance to those affected by the tragedy. He continues to serve as an advocate for the families, and work with federal and state government on the families’ behalf.

Born in New York, Mr. Lutnick graduated from Haverford College in 1983 with a degree in economics and joined Cantor Fitzgerald the same year. He was named Chief Executive Officer of Cantor Fitzgerald in 1991 and Chairman in 1996.

Mr. Lutnick serves on the Board of the Solomon Guggenheim Museum, the Intrepid Museum Foundation, the Fisher Center for Alzheimer’s Disease Research at Rockefeller University, and the Haverford College Board of Trustees. Mr. Lutnick is married with four children.



Julie Menin, Chairperson of Community Board 1 in Lower Manhattan, is the Founder and former President of Wall Street Rising (WSR), a not-for-profit organization dedicated to revitalizing Lower Manhattan in the wake of the events of September 11th.

Through Wall Street Rising, Menin spearheaded The Corridor of Light, WSR's Downtown Information Center, a Retail Attraction Program, and Wall Street Wednesdays -- a dining initiative which increased business by over 400% at participating restaurants.

Prior to founding Wall Street Rising, in 2000 Menin conceived of and opened Vine Restaurant, a restaurant and catering operation located in the Financial District.

Previously, Menin practiced regulatory law for Colgate-Palmolive in New York and Wiley, Rein & Fielding in Washington, D.C.

She received her law degree from Northwestern University and received her bachelor's degree magna cum laude in political science from Columbia University. Ms. Menin is married with three children.


Savita Bhan Wakhlu is the Managing Director of Jagriti Communications, a Training and Development firm specializing in individual and organizational learning. Ms. Wakhlu is a mechanical engineer and graduated from the National Institute of Technology, Srinagar, India with Honours and Distinction. In 1998, Ms. Wakhlu founded Jagriti Communications in India. After relocating to the US in March 2003, she incorporated the firm in the state of New York. Ms. Wakhlu has worked with National Institute of Technology and Engineers India Ltd., Indian Institute of Coal Management, the Xavier Labour Relations Institute, and the Tata Steel Management Development Centre.

Ms. Wakhlu is the author of Managing Presentations – Communicating with Impact, (2000) and is a co-author for three consecutive years, of a fortnightly Q & A column – “What You Did Not Learn at the Business School” in The Telegraph, published from Kolkata, India.

Ms. Wakhlu is a member of the Jamshedpur Management Association, Future Business Leaders of America (FBLA), The National Association of Female Executives (NAFE), New York, American Society of Training and Development (ASTD), and the Society for Intercultural Education, Training, and Research (SIETAR). She is an active Rotarian and the President-Elect of the Rotary Club of Larchmont, USA. She has served as the President of the Rotary Club of Jamshedpur, India, in 2002-2003, and was honored as the Outstanding President of all Rotary Clubs in the District for that year.

Ms. Wakhlu is married to Bharat Wakhlu, President of Tata Incorporated, New York and has two children.



The World Trade Center Memorial Foundation, Inc. is a not-for-profit corporation established to raise funds as well as build and operate the Memorial and Memorial Museum at the World Trade Center site. The Memorial, “Reflecting Absence,” will remember and honor the thousands of people who died in the horrific attacks of February 26, 1993 and September 11, 2001 and recognize the endurance of those who survived, the courage of those who risked their lives to save others, and the compassion of all who supported us in our darkest hours. Donations can be made through the Foundation’s website, and more information on the Foundation can be found at www.buildthememorial.org.

Construction on the Memorial and Museum is expected to begin in the spring of 2006, with completion slated in 2009.


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