Richard Kauffman
| Richard Kauffman | |
|---|---|
 |
|
| 1st Chairman of Energy and Finance for New York | |
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In office February, 2013 – present |
|
| Governor | Andrew Cuomo |
| Personal details | |
| Born |
February 10, 1955 Los Angeles, California, U.S. |
| Alma mater |
Stanford University Yale School of Management |
Richard L. Kauffman (born February 10, 1955) is the first New York State "energy czar," officially referred to as the Chairman of Energy and Finance for New York in the administration of New York Governor Andrew Cuomo. In this role, Kauffman is New York State's most senior energy official, responsible for all aspects of energy policy and agency operation, and leads the state's "Reforming the Energy Vision" initiative.
Kauffman attended Phillips Academy in Andover, Massachusetts and earned a bachelor's degree in African History at Stanford University. He earned a master's degree in international relations from Yale University, and a master’s in public and private management from the Yale School of Management.
In 1993, Kauffman joined Morgan Stanley where he became vice chairman of the firm’s Institutional Securities Group, which provides institutions with services such as capital raising and financial advisory services including mergers and acquisitions advisory, restructurings, real estate and project finance, and corporate lending. Kauffman also served co-head of Morgan Stanley's Banking Department, and vice chairman and a member of the European Executive Committee of Morgan Stanley International.
In 2004, Kauffman became a partner at Goldman Sachs where he chaired the firm's Global Financing Group, and was a member of the Partnership Committee, Commitments Committee, and Investment Banking Division Operating Committee. In 2006, Kauffman assumed the role of Chief Executive Officer for Good Energies, Inc., one of the largest private equity funds specializing in clean energy.
In 2011, Kauffman joined the U.S. Department of Energy to serve as Senior Advisor to Secretary Steven Chu, bringing private sector capital markets experience to the Department's efforts to address climate change and drive adoption of renewable energy and energy efficiency technologies. He was also responsible for overseeing the DOE Loan Programs Office from the Office of the Secretary at a time when the DOE Loan Program was receiving criticism for several troubled loans that had been made prior to Kauffman's involvement. As he and others predicted at the time, the DOE Loan Program's portfolio is now generating a net profit on funds loaned to clean energy companies.
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