Henry M. Dachowitz
Henry M. Dachowitz, Finance and Operations executive, has nearly 30 years of broad experience in financial services, high technology, and government. Mr. Dachowitz was trained as an auditor with Coopers & Lybrand where he achieved his CPA. He was a management consultant with Touche Ross’s Financial Services Center where he investigated E.F.Hutton on behalf of the SEC, and improved the hedging and valuation systems for Pru-Bache’s swaps group. At Sanford C. Bernstein he was an equity buy-side research analyst, and at Bankers Trust he was a Vice President in their management consulting group and then Controller of their Securities Services Group.
Mr. Dachowitz has been Chief Financial Officer of three high-tech start-up companies including Pharmos Corporation, a biotechnology company which he took public. He was an institutional salesman with Twenty-First Securities where he sold tax arbitrage strategies to Fortune 500 corporations and private family offices.
For four years, from 2002 to 2006, Mr. Dachowitz was Treasurer of Nassau County, New York where he helped turn around the finances and operations of this $2.4 billion (annual revenues) government. He instituted computer systems which, for the first time, allowed the County to accept credit cards for payment, and which automated the monitoring of their $3 billion of debt. These and other changes culminated in eleven (11) bond rating increases for the County in a 33 month period, a record for a U.S. government entity.
Mr. Dachowitz received a B.S. in Accounting from Brooklyn College and an MBA from Harvard Business School. While getting his MBA, he taught Accounting at Harvard College, and was selected by the faculty to the Century Club based on “unusual academic, intellectual, creative, or leadership ability, usually from the top 10% of the class.”
From 1989 – 1999 Mr. Dachowitz served as an Editorial Advisor to the Journal of Accountancy. Since 1997, Mr. Dachowitz has been on the Board of the Pride of Judea, a community mental health services center in Queens, New York. He helped organize its merger in 2001 with the Jewish Board of Family and Children’s Services. He is also active in Project Sunshine, an organization devoted to providing services to hospitalized children throughout the country. As a hobby, Mr. Dachowitz likes to teach, and has taught Personal Finance at Nassau Community College, and the GMAT review course for Kaplan’s Test Prep.