Stephen Rotella has been on the business scene for more than three decades. He is the current CEO and president of StoneCastle Partners, LLC. Rotella started his undergraduate studies at Stony Brook University in 1971 and graduated in 1975 with a degree in Economics. Two years later, he went to further his studies at University of Albany and graduated in 1978 with an MBA, specializing in finance and technology.
Rotella as LIFT Chairman
Stephen Rotella took over the chairmanship of LIFT in December 2015, succeeding Michael Gilligan who had served as chairman for six years. He was given the mandate of strengthening the organization’s agenda of ending the poverty cycle in the U.S. Accepting the nomination, Rotella expressed his gratitude towards the LIFT’s national board of directors for honoring him with the appointment. He vowed to work hand in hand with CEO Kirsten Lodal to make sure that the organization impacted positively on the lives of young American children. On his side, LIFT CEO Kirsten Lodal praised Rotella for his outstanding performance during his days as the chair of the organization’s development committee. He expressed optimism that Rotella would lead LIFT into higher heights.
You can also visit his professional business account: Stephen Rotella
Rotella’s Firm Makes a Huge Business Stride
Early this year, Stephen Rotella led StoneCastle Cash Managements’ subsidiary company, StoneCastle Insured Cash Sweep, to purchase the insured deposit business from Intermedium Financial, LLC. This transaction stamped StoneCastle’s authority as the leading provider of insured deposits for institutional investors. Furthermore, the purchase will go a long way in helping the firm to realize its long-term goals of expanding its client base to include financial advisors and broker-dealers. Speaking afterward, Stephen Rotella said that the deal, which included the InterLINK Fintech platform, was a boost to the firm’s technology-oriented business model and would also provide them with more distribution avenues.
Involvement with Community Work
Besides business, Rotella is a respected philanthropist and an accomplished community leader. His focus is to help the less privileged folk in the community and to assist the youth to excel in arts. He is the current patron of Jazz and Lincoln Center. Previously, he served as a volunteer board member of Youthcare, ArtsFund, and The Seattle Foundation. In the 1990s, he was the board chairman of Balletmet.