David B. Cornstein to be named U.S. Ambassador to Hungary
cu ny tv
As expected, U.S. President Donald J. Trump has announced his intention to nominate New York businessman David B. Cornstein as Ambassador Extraordinary and Plenipotentiary of the United States to Hungary. The post has been vacant since the departure of Colleen Bell with the inauguration of Trump on January 20, 2017.
David B. Cornstein (photo: CU NY TV)
According to the White House announcement, President Trump declared on February 13 his intention to nominate personnel to key administration posts, among them the ambassadors to Hungary and Poland.
A native New Yorker, David B. Cornstein is chairman of Pinnacle Advisors Ltd., and was previously CEO, president, and ultimately chairman emeritus of Finlay Enterprise, a billion-dollar NASDAQ Stock Exchange Company, noted the announcement.
Cornstein served as chairman of the one-time New York City Off-Track Betting Corporation and as vice chair of the city’s Economic Development Corporation. He earned his BA from Lafayette College and MBA from New York University.
The U.S. Senate will first have to confirm the nomination of the ambassador. If successful, Cornsteinʼs appointment will end a period in which the U.S. has not had an ambassador to Hungary since the end of mission of the previous holder, Colleen Bell, on January 20, 2017. David J. Kostelancik currently acts as chargé dʼaffaires at the U.S. Embassy in Budapest.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
