Observations
- Millionaire
Estimated Net Worth
- $2.0 M - $7.2 M
Salary
- Unknown
Employment
- Started 07/28/2022
Records
Financial Disclosure Details - OGE Form 278e (01/19/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | New York, New York | Partner | Present | |
2 | New York, New York | Partner | 5/2020 | |
3 | New York, New York | Executive Director | 1/2020 | |
4 | Microsoft Human Rights and Technology Advisory Council | Redmond, Washington | Human Rights Advisory Council Member | Present |
5 | June First LLC | Brooklyn, New York | Manager Member | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Jenner & Block LLP (law firm) | Partnership share | $1,737,680 | |
2 | Jenner & Block LLP (capital account) | $500,001 - $1,000,000 | None (or less than $201) | |
3 | Jenner & Block LLP (anticipated partnership share) | $1,000,001 - $5,000,000 | None (or less than $201) | |
4 | Jenner & Block LLP | Bonus | $100,000 | |
5 | Jenner & Block LLP (anticipated bonus) | $250,001 - $500,000 | None (or less than $201) | |
6 | Boies Schiller Flexner LLP 401(k) | |||
6.1 | Fidelity Freedom 2045 Fund Class K Shares (FSNZX) | $50,001 - $100,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | New York, New York | I participate in the firm's defined contribution/401(k) and profit sharing plans, which are currently unfunded. anticipate that the firm will contribute to these accounts in 2022 while I am at the firm. I will continue to participate in these plans, but the firm will make no further contributions after my separation. | 6/2020 | |
2 | New York, New York | Following my withdrawal from the firm, I will receive a final pro rata partnership share. The firm will credit or debit my capital account with my share of the partnership's profits and losses, which will be calculated as of my last day of service to the firm. The balance of my capital account, which will include my final pro rata partnership share, will be paid to me by the firm, without interest, within nine months after the month of my withdrawal. | 6/2020 | |
3 | New York, New York | Pursuant to the compensation provisions of the firm's partnership agreement, I expect to receive a performance-based bonus for services rendered in 2021 and 2022 up to my departure from the firm. The bonus will be paid prior to my assumption of official duties for the U.S. Government. | 6/2020 | |
4 | New York, New York | I will continue to participate in this 401(k) defined contribution plan, but the plan sponsor no longer makes contributions. | 11/2016 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | New York, New York | Attorney | |
2 | New York, New York | Attorney | |
3 | James Taylor, Kim Taylor, Cynthia Hessberg, and Albert Hessberg | Lenox, Massachusetts | Legal services (clients of Jenner & Block LLP) |
4 | Princeton, New Jersey | Legal services (client of Jenner & Block LLP) | |
5 | First Republic Bank | San Francisco, California | Legal services (client of Jenner & Block LLP) |
6 | GoBrands, Inc. | Philadelphia, Pennsylvania | Legal services (client of Jenner & Block LLP) |
7 | Baxter International | Deerfield, Illinois | Legal services (client of Jenner & Block LLP) |
8 | New York Yankees Partnership | New York, New York | Legal services (client of Boies Schiller Flexner LLP) |
9 | Epic Games, Inc. | Cary, North Carolina | Legal services (client of Boies Schiller Flexner LLP) |
10 | Aabar Space Inc. | British Virgin Islands, Outside U.S. | Legal services (client of Boies Schiller Flexner LLP) |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 (cash) | $50,001 - $100,000 | None (or less than $201) | |
2 | U.S. bank #2 (cash) | $100,001 - $250,000 | None (or less than $201) | |
3 | NY (Vanguard) College Savings Plan | |||
3.1 | Vanguard Moderate Growth Portfolio | $15,001 - $50,000 | None (or less than $201) | |
3.2 | Vanguard Mid-Cap Stock Index Portfolio | $1,001 - $15,000 | None (or less than $201) | |
3.3 | Vanguard Value Stock Index Portfolio | $1,001 - $15,000 | None (or less than $201) | |
3.4 | Vanguard Small-Cap Index Portfolio | $1,001 - $15,000 | None (or less than $201) | |
3.5 | Vanguard Inflation Protected Securities Portfolio | $1,001 - $15,000 | None (or less than $201) | |
4 | NY (Vanguard) College Savings Plan | |||
4.1 | Vanguard Moderate Growth Portfolio | $15,001 - $50,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Cenlar (from Citibank, N.A.) | $1,000,001 - $5,000,000 | 2018 | 30 year |
2 | Cenlar (from Citibank, NA) | $500,001 - $1,000,000 | 2019 | 30 year |
3 | Citibank, N.A. | $500,001 - $1,000,000 | 2021 | 10 years |
4 | Citibank, N.A. (paid off) | $250,001 - $500,000 | 2021 | 3 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
1 | 5 | Assets are not reportable |
Do you have information about David Pressman that is missing from this database?
Drop us a line at info@insidebidensbasement.org.