David Pressman
U.S. Ambassador to Hungary
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $2.0 M - $7.2 M
Salary
  • salary
    Unknown
Employment
  • Started 07/28/2022

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 [email protected].

We want your help. If you have any additional information about an appointee that is or isn’t in our database, or any corrections, let us know via email at [email protected] .

© 2024 Biden's Basement. All rights reserved