New Valley Corporation

Leadership & Staff

Howard M Lorber Former CEO Douglas Elliman Real Estate

• President (Nov '94→Dec '05)

Owners

Jay Gould American financier and railroad builder Jay Gould made a fortune by controlling the price of the stocks he bought as well as the stock market itself.

• Controlling shareholder ('81→'92)

Board Members

Bennett S Lebow Investor, BSL Capital

• Chairman ('87→?)

Holdings

Douglas Elliman Real Estate Residential real estate company.

• Owner; percent stake: 70%

Child Organizations

Ladenburg Thalmann & Co. Investment Bank

• Child Org

Parents

Vector Group Ltd. Cigarette manufacturer through subsidiaries, Liggett Group LLC and Vector Tobacco Inc.; through its New Valley subsidiary. New Valley owns a 70.59% ownership interest in Douglas Elliman Realty LLC

• subsidiary