Board of Directors

William M. Isaac (Chairman)

William M. Isaac headed the Federal Deposit Insurance Corporation during the banking crisis of the 1980s, serving under Presidents Carter and Reagan from 1978 through 1985. Mr. Isaac founded The Secura Group, a leading consulting firm, in 1986. Secura was acquired by FTI Consulting in 2011, where Mr. Isaac served as senior managing director through 2019 when Mr. Isaac partnered with Howard Milstein in the financial services business, serving on the boards of New York Private Bank & Trust and Emigrant Bank, as well as serving as non-executive Chairman of Sarasota Private Trust and Cleveland Private Trust. The Isaac-Milstein Group is their financial consulting arm.

Mr. Isaac is Member, Board of Directors of the Ringling College of Art & Design, Sarasota, Florida; Member, Board of Directors, Total System Services (TSYS); Former Chairman of the Board of Directors of Fifth Third Bancorp; Chairman of the Isaac Family Property Companies; Life Member of the Board of Directors of The Ohio State University Foundation; Member of the Board of Directors of BankCap Investment Fund; and Member, of the Bretton Woods Committee.

Mr. Isaac received an honorary LLD from Miami University, Oxford, Ohio, a JD, summa cum laude, from the College of Law at The Ohio State University and a BS in Business Administration and Economics from Miami University.

John R. Hart

Mr. Hart is President and CEO of Sarasota Private Trust Company and is Vice Chairman of New York Private Bank & Trust Company. He also serves as a Director of the Board of Cleveland Private Trust Company. Mr. Hart has over 40 years of experience in the banking sector, primarily in Investments and Private Wealth Management. He is responsible for the Private Banking Division and the Capital Markets Division of Emigrant Bank which oversees investments in private equity funds, hedge funds, common stocks, municipal and corporate bonds, and other fixed income instruments. Mr. Hart also oversees New York Private Finance which provides credit to finance strategic investments for private investors. Additionally, he oversees Aperture Media Partners, a specialty finance business in the film and television industry.

In civic and philanthropic activities, Mr. Hart is a Board Member of Opportunity International, a past Chairman of the Tanenbaum Center for Interreligious Understanding, the Christian Heritage School and Hope Church. He is also currently a National Advisor to Rev. Tim Keller, an American theologian, author and pastor.

Mr. Hart holds an MBA in Finance from Saint Joseph’s University and a B.A. in Accounting from Pennsylvania State University.

Andrew E. Randall

Andrew E. Randall is President and CEO of Cleveland Private Trust Company where he also serves as a Director of the Board. He is responsible for business development and relationship management. Prior to joining New York Private Bank & Trust, Mr. Randall was President of TriState Capital Bank’s Ohio operation, and before that, spent ten years as Executive Vice President & Chairman of U.S. Bank in Cleveland responsible for all business activities in Northern & Central Ohio. He is a former President of U.S. Bank’s Wisconsin operation that held $18 billion in total assets and was responsible for commercial banking activities including consumer and private banking, commercial real estate, asset and treasury management. Mr. Randall also spent 20 years with Bank of America, working in New York, Mexico, Singapore, Hong Kong and San Francisco. There he held various lending roles and also served as Senior Vice President and Director of Treasury Management responsible for generating annual revenues of $200 million.

Mr. Randall has a number of civic interests, which include Board Member of The Rock and Roll Hall of Fame and Museum, Chairman Board of Cuyahoga Community College, Past President Board of Directors Park Synagogue, Board Member Menorah Park Senior Living Facility and Trustee of Cleveland Clinic. He received his M.B.A. in Finance from Syracuse University and a B.S. in Business Management from Bradley University.

Karl H. Heckenberg

Karl H. Heckenberg is President and CEO of Emigrant Partners and its affiliated company Fiduciary Network. In addition, he sits on the Board of Managers of the aforementioned companies. He is also a Director of the Board of Cleveland Private Trust Company. Karl has worked in financial services throughout his entire career and has previously worked for Merrill Lynch, A.G. Edwards & Sons, Wells Fargo and Charles Schwab.

He also serves on the boards of Sarasota Private Trust Company, New York Private Trust Company and is Senior Executive Vice President of Emigrant Bank. Karl was raised in the Washington, D.C. area and graduated from Saint Joseph’s University in Philadelphia.

Timothy B. Carroll

Timothy B. Carroll is Senior Trust Officer and a Director of the Board of Cleveland Private Trust Company. He is also the President & Chief Executive Officer of New York Private Trust Company, a Delaware chartered trust company administering over 1,200 trusts representing in excess of $5 billion of trust assets. Mr. Carroll possesses over twenty years of experience within the banking and financial services industry.

Prior to joining New York Private Trust Company, he was the Chief Trust Officer at UBS Trust Company in Wilmington, DE where he was responsible for all fiduciary services and new business development for the trust company with over 400 client relationships/1,000 trusts, and supporting over 300 Client Advisors. Previously, Mr. Carroll worked at Citi Private Bank where he held the role of Wealth Planner and Head of the Delaware Citi Private Trust office. He also worked as a Senior Investment Officer at Wilmington Trust Wealth Advisory Services, where he was an estate planner and investment officer serving trust clients. Prior to Wilmington Trust, Mr. Carroll served in several roles, including Senior Wealth Planner for PNC Bank, Portfolio Manager for Wachovia Corporation, and Senior Estate Planning Advisor at Leesport Bank.

Mr. Carroll received a B.A. degree in Accountancy from Villanova University and his Masters in Taxation from Villanova University School of Law. Mr. Carroll is a Certified Public Accountant (CPA), Certified Financial Planner (CFP®), and is a member of Delaware Estate Planning Council.