He actually commanded the forces during an operation up in the central highlands near the Cambodian and Laos borderit was 197071called Operation Ripcord. [10], Viola graduated with a bachelor's degree from the United States Military Academy in 1977 and was commissioned as a second lieutenant in the U.S. Army. We had war heroes. Mr. Viola, who was recognized in 2021 by Sports Business Journal for his advocacy in diverse and inclusive hiring, is one of four team owners on the NHL's Executive Inclusion Council to combat racism and accelerate diversity. Join the West Point Center for Oral History's Pipeline Alert. Do you think that there was the feeling, anywhere in the Armyin the leadership or among other alumni and classes, that, as you referred to before, that the standards may have lowered in admitting your class? Yeah, yeah. I wrote a clumsy letter and sent it out to companies that I looked up at the libraryback in those days, thats what you did. No fake news here. So I remember distinctly, as a young man, reading about some of the first battlesI cant remember specifically which ones. And basically, he was assigned to the supply ships, and I dont quite know exactly what his duties were, but he would facilitate equipment onto the shore during invasions. Clean up the Academy, bring some pace and depth around what was really the most important principles that had to be at work every day in a cadets life. Electrical engineering, we refer to it as juiceit was one of the required engineering science courses that you had to take at the Academy. Box 23763 [5], Early life, education and military service, "Five Things To Know About Vincent Viola, Trump's Billionaire Pick For Army Secretary", "Vincent Viola, Founder and Executive Chairman, Virtu Financial", "Vincent Viola Becomes Owner Of The Florida Panthers", "Always Dreaming wins the 143rd Kentucky Derby", "New York businessman leading group purchasing Florida Panthers", "Donald Trump Selects Trading Firm Founder Vincent Viola as Army Secretary", "USMA Class of 1977: The Honor Scandal and Beyond", "All the ways Trump is having an impact on the sports world", "Vincent J. Viola: Executive Profile & Biography", "Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets", "Virtu Financial Announces Pricing of Initial Public Offering (NASDAQ:VIRT)", "Trump picks businessman Viola as Army secretary", "Mattis, Trump team clashed over Pentagon appointment", "Trump's pick for Army Secretary drops out", "Vincent Viola, Billionaire Businessman, Is Trump's Choice to Lead the Army", "Army veteran Vincent Viola, billionaire owner of the Florida Panthers, named Trump's Army secretary", "How West Point is becoming a proving ground for technology", "Epic and Epically Opulent Manhattan Townhouse Listed for $114+ Million", https://en.wikipedia.org/w/index.php?title=Vincent_Viola&oldid=1135074740, This page was last edited on 22 January 2023, at 13:48. When the distaste for the Army was at a peak. Did you think you would be going to Vietnam when you entered here? People always say you learn to be a leader at West Point, but I find it hard to imagine how you teach leadership. And we were the first class to actually enter after the war had officially ended, which was, I think, January 12, 1973. Now, my roommate is a person you should interview for this. He was a phenomenal speaker. But we graduated with Major General Berry as our Superintendent. The socialization of the anti-military and anti-war movement had trickled from the campuses to the high school hallways by the time 1969, 70, 71, that period. He was for several weeks President Donald Trump's nominee for United States Secretary of the Army, before withdrawing from consideration. Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. I mean thats really the immigrant story, isnt it, really? So my class and my company of A4 did not have one persons paper questioned, so we were almost in this kind of vacuum. I mean even those whocertainly those who actually did it must have, but did the rest of the class feel tainted by this? The Sexual Revolution was abound. And I remember there was this phenomenon called the honor drill roll, where they would sit down with charged cadets and basically ask them to put a check next totheyd go through each ofthe drill roll was basically the roster of each company of everyone in that class. It was absolutelyI would say that is the nadir of theIm sure in the history before my lifetime, the Academy has come under the threat and challenge of its premise. In 2003 he founded the Combating Terrorism Center at West Point to provide education and research about global terrorism. And so I had to help financially, even while I was a cadet. You know, soldiering is as specific, is asthe skills of soldiering and the operational art that you must study and feel comfortable mastering is not unlike any other intellectual academic discipline. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); If you believe in the value of watchdog journalism please make your tax-deductible contribution today. So as I remember, there was a period where cadets basicallycadets who were charged basically claimed that everyone cheated at the Academy, and the honor code wasnt being upheld. So as would follow, the qualifications of my class were not as high as classes before and classes after. Viola and his wife, Teresa, sold the places in March for $11.3 million. Im sure that Spring of 1976 through the Spring of 1977 was one of those periods. You said osmotic, but sort of how didwhat were the core elements that you took away from here that led you to feel that you were a leader, not only in the world of the Army, but out in the civilian world, too, where youve had enormous success, and where you have taken some of what youve learned and applied it to the outside world? [20], Viola withdrew himself from consideration for the position on February 3, 2017, citing his inability to comply with Pentagon regulations regarding personal businesses. Chair in Catholic Theology at Fordham University.[26]. That date might be wrong, but I think the armistice peace treaty was signed January of 1973so everyone in the class had applied with the foreknowledge that we were a nation at war, and yet before we entered, it was a nation now post-war. [14] Viola was also one of the two partners who launched EWT, LLC and Madison Tyler, LLC, two electric trading firms formerly based in Beverly Hills, CA and was able to use the electronic trading technique to his own personal gain making him one of the richest men in the world. It's the most . Im sure there were. But I remember there was a formation, and I remember there were a host of names called out to fall out at the end of the formation. But there's a ton that can be done to help this team be active after another NFC Championship Game appearance. Since his purchase of the Florida Panthers franchise in 2013, Mr. Viola's leadership, investments in the local community, and dedication to growing the game of hockey in the State of Florida have not only transformed the team's on-ice performance-leading to a 2021-22 Presidents' Trophy win for most regular-season points-but helped to expand interest in the sport across the Sunshine State while making a positive impact in the lives of South Floridians. The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. When I would go home on leave, all of my friends had gotten into some level of drug use, so I had to make a very specific choice, and that choice was, I cannot do this. [2] He is the former chairman of the New York Mercantile Exchange , and the founder and chairman of Virtu Financial. Related by education: New York Law School. Integrity honestyattempting to become an ever-improving subject matter expert. I hardly remember a classmate saying, Im here because its a free education. If you felt that way, you quickly realized in the first two, three, four weeks that going through this formation, this transformative process, was not worth all the money in the world, and you would move on. Now, as I remember, the exercise was a very, very it was a almostit was a problem around designing a particular circuit, and it was a 3.0 valued take-home test. We are a 501(c)(3) organization. And they said to me, Vinny, you have to do this. I started law school in the evening, because basically my mother told me to, to be quite frank, and. Under his leadership, the Panthers have continued to further these efforts both on and off the ice, including the revitalization of Fort Lauderdale's historic War Memorial Auditorium and construction of a two-sheet team practice and community ice facility-the Baptist Health IcePlex-which will host an array of community hockey and skating programs and increase access to the sport of hockey to thousands of tri-county residents. Viola, 67, a West Point graduate who bought the National Hockey Leagues Panthers in 2013 for a reported $250 million, founded Virtu Financial LLC in New York City in 2008. As Chairman of the New York Mercantile Exchange (NYMEX) from 2001-2004, Mr. Viola's decisive leadership, guidance, and untiring efforts were credited with leading NYMEX's reopening following the terrorist attacks on the World Trade Center on September 11, 2001. But our close, most closely contacted the officers that we had most close contact withour instructors and our tactical officers and trainersthey were all Vietnam. Its the point where you ask yourself do you understand the importance of your role as a combat leader. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman and U.S. Army veteran. I heard the County Commission gave former owner Wayne Huizenga the keys to the farm and those keys got turned over to the subsequent owners when they bought the team. A very tall fellow, ramrod straight, and he wore the Silver Star, and I can remember he taught us small unit tactics in military instruction either my Plebe or my Yearling Year. Did you knowyou mustve known some of the cadets that were involved with this. Viola, former chairman of the New York Mercantile Exchange and owner of the Florida Panthers professional ice hockey team, hopes to multiply his money several times on the historic home he. It simply says a cadet will not lie, cheat, steal, nor tolerate those who do. This is what I wanted to ask you, and well close with this question cause we have to stop. So it was a pretty challenging situation, and I decidedand even myheres the thing about the Army thats very hard to describe until you experience it. Did you know you shouldnt have collaborated? Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. So were you investigatedwas every cadet investigated for their commitment? Place of Birth: New York City, U.S. Vincent Viola Net Worth and salary: Vincent Viola is an American businessman and U.S. Army veteran who has a net worth of $2.8 billion . We were [a] extremely patriotic family. Vincent Viola And that's very powerful continuum there of an Italian-American immigrant family that, not more than 17 years prior, 20 years prior, had been in that village, and now my dad and three of his brothers were in combat. He received his juris doctor degree from New York Law School in June 1983,[1][12][13] but did not complete the bar exam. My management leadership operation, dare I say, capacity, capability, is bounded in the skills around platoon leadership. So you knew everyones name when you began the first week after Beast Barracks that you would spend with your new company, called reorganization week. Someone should take a look at the management contract for the arena. Anyway, my dad did that, and in 1980 my dad took a massive heart attack19791980. Who was Superintendent when all this happened? And of course, my class suffered the honor scandal of 1976. And the academy was a place where those inputs werent really defining the environment. And Branch Night wasoh, it was the best days of my life, being a platoon leader in the 101st Airborne Division was justfor someone who always desired to lead soldiers and experience the feeling of building an esprit and a camaraderie, it was just simply amazing. And you are taught here that you have a responsibility unlike any other profession, because when you are engaged in combat and you are firing upon an objective and maneuvering to take it, you are going with forethought to make decisions knowing that theres a great chance the person that you send forward to execute either fire or maneuver is not going to come back. Im just trying to understand this. Whats Next? Goodman wrote Viola "had a nasty temper, but [predecessor chairman Lou] Guttman says he didnt lose control of his emotions easily" and that "beneath the spit and polish he was still a tough guy from Brooklyn." While there, Cifu served as a member of the firm's Management Committee, Deputy Chairman of the Corporate Department, and Co-Head of the Private Equity Group. What can security professionals do today to offset the threat of a catastrophic cryptography failure? Now, Im sort of casting that, but I remember as a young cadet on a Saturday morning, more than one time having a math professor when we were cadets, Im saying it againwhen I was a cadet, when we were cadets, we attended class six days a weekSaturday til twelve oclock or something, maybe even laterone oclock maybe. $2.5 billion, according to our most recent tally. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. And very other senior persons from a bipartisan commission, and after reviewing the conditions which led to the honor code breaking, so to speak, one of the recommendations from the commission was that each of the cadets found guilty would be given a chance to return with the class of 1978. So the investigation goes on sort of in the Spring semester of the Cow Year. Vincent Viola and 2 Pierrepont Street (Getty, Google Maps) Tenants at 2 Pierrepont Street, a Brooklyn Heights rental building, filed a lawsuit against . And I was born in a neighborhood that was very close to Wall Street, and the generation before mecause Wall Street always had a demand, especially in those days, for pretty much cheap labor. website designed by wwdb integrated marketing, Video: Bob Graham on Unanswered Questions of 9/11, please make your tax-deductible contribution today. He is also Chief Executive Officer of Virtu Financial, one of the nation's foremost providers of financial technology products and services, which he co-founded along with Panthers Owner, Chairman, and Governor Vincent J. Viola in 2008. Copyright 1999-2020 Florida Panthers Hockey Club, Ltd and the National Hockey League. Thats good, because the principles at demand for combat leadership, they really dont change. He was a truck driver. I think our class did feel shame and does feel shame, because I think our class, in some ways, bore an enormous unspoken responsibility. So you had to be something of a maverick to want to stand up and say, Im going to go to the [United States] Military Academy now, particularly in the middle of the Vietnam Waror actually, at the end of the Vietnam War, even more. And look at me, actually, instead of at the camera. Of all the locations this generational defender was expected to choose next on his managerial journey, a stint at a freshly relegated Lancastrian club was not on the list. So Im sure people probably didnt have it as an academic priority like, lets say, the social sciences paper that we had to write our first class year. In 1983, he graduated from New York Law School with a juris doctor degree. I had to actually leave Fort Campbell, and I took a compassionate reassignment to Fort Hamilton in New York Cityactually, Fort Dix, and I got assigned to Fort Hamilton. But we had a very, very unfair burden hoisted upon us, because we had to internalize, maintain, protect, defend, and live these core values that defined West Point at a time where there was never more challenge put upon them and never more physical evidence of doubt by the population and society that we were sworn to defend. 118 records for Vincent Viola. Yeah, actuallyand even more important, organizing the conduct of basically whatthe honor code and the administration of the honor code, the enforcement of it, is not much unlike our jurisprudential system. Thats my first memory of the honor scandal. The mansion has bounced on and off the market since 2013. Vincent Viola is the former Chairman of the New York Mercantile Exchange (NYMEX) and is one of the nation's foremost leaders in electronic trading.He is currently the Executive Chairman of Virtu Financial. And in fact, I remember some of my cadet summers actually working to make money to give to my family. And Im sure it was enormously evolving around the subculture here or impactful on what was going on outside the gates. And my dad tells a story that the captain said to himmy grandfather did mention that they were starving. She didnt work. All donations are tax deductible. Horribly, horriblywell, its a strong feeling. Vietnamization, actually, wouldve done some of that. Now, the honor code says not only not to tolerate lying, cheating, or stealing, butor does it say something to the effect of or knowledge of?. Viola took the company public in April 2015. The military mission and the duties, day-to-day, they take up so much of your consciousness that you are Puritan in your pursuit of the Spartan ethic. My dad was three years old, approximately, when they came to America. Excellent reporting. Rent, food and alcohol sales, parking, etc. I cannot be around this. And I came from a very cloistered neighborhoodnonetheless, we were much the same as the rest of America, especially uneducated, lower middle class, and upper lower class areas. And that stuck with mesort of confirmed for me that the military was an honorable profession. Its the same thing herethis is extremelyin the end its a very insulated, but positively reaffirming, environment. I think General Goodpaster became the Superintendent the following year or the following year. I remember a Major Davison, in military instructionI think, believe he was class of 1964. We were always heralded and really, really accommodated. Mr. Viola is one of the nation's foremost leaders in electronic trading. Vincent Viola was born August 13, 1933 in Brooklyn, NY. Teresa runs the interior decorating company Maida Vale Designs and also owns Teresa Viola Racing Stables. He owns valuable New York real estate: Viola owns a 20,000-square-foot townhouse on the Upper East Side of Manhattan, near Central Park. Dan Christensen He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. So for me, it was quite an abrupt andbut heartening transition. The numbers are staggering. 7901 4TH ST. N, ST. PETERSBURG, FL 33702. Mr. Viola and his wife, Teresa, have three sons - John, Michael, and Travis - and several grandchildren. In 2008, Viola founded Virtu Financial, active in electronic market making. The home's billionaire owner, Vincent Viola, who owns the Florida Panthers, nearly sold the home once before. My dad was a combat support officer. [2] We have a responsibility to address this direct public health threat that impacts the populations we serve as well as those who use our facilities. And upon further investigations, they found enough to where it was a systemic problem and challenge to the honor code. I was very blessed. It was much the same as it is now and probably was for many years before: a very concentrated, specific social culture that was extremely singular in purpose. What did you go to do after you left? Months after her Trump indignity, U.S. Judge Aileen Cannon catches Two years after Stop the Steal insurrection at the Capitol: Trumps SoFla lawyer Ticktin faces fourth Bar ethics probe after Florida kept paying millions for a contact tracing app after Roger Stone offers to settle $2 million tax case after New judge recycles Justice Francis dubious playbook for West Palm Beach family court case she left behind, Browards killer sheriff faces twin probable cause findings of perjury as state dawdles and months roll by. And my dad said to me, Before I pass, I want to go to the village. And so in April of 1980, we went to this villageI had never been therewhere my dad was born. Spring through Firstyeah. You have an event that calls to question whether or not there was an honor violation, and you have what is a pre-honor committee hearingalmost grand jury-type mechanismwhere cadets decide, after speaking to the cadets involved in the potential violation, whether or not there is enough doubt or evidence to bring it to a full honor committee, so all of the due process had to be protected. And so there mustve been cadets who, rather than cheating or stealing themselves, were nonetheless implicated just because they were aware of the fact that it was going on down the hallway. Mr. Viola started his career in the financial services industry on the floor of the New York Mercantile Exchange and rose to be Vice Chairman (1993-1996) and Chairman (2001-2004). And I remember the impact it had on his family, especially his dad, who served so honorably in World War II. Florida Panthers and floridapanthers.com are trademarks of the Florida Panthers Hockey Club, Ltd. NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks and NHL Draft name and logo are trademarks of the National Hockey League. What was it like to be here in the period immediately after the end of the Vietnam War? One sort of out of the movies, in a sense, and the other one. Panthers owner and Army secretary nominee Vincent Viola allegedly punched a concessions worker at a racehorse auction in Saratoga Springs, New York, on Aug. 8, according to a police report. Viola and his wife Teresa have three adult sons and live in New York City. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. [6][7][8] His father, an immigrant from Italy, worked as a truck driver after serving in the U.S. Army in the European theater of WWII. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. The honor committee became basically a full-time job for him, to the point where, as I remember, he missed many classes. Prior to Virtu, Cifu practiced law for 18 years at the international law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he was a partner. And I think that proves in the military service, I mean I think if theres ever been a period where the Academys value to the nation should be celebrated and demonstrated, its the post-Vietnam era til today. I think hewell, I dont know what you would call that. Yeah. You always want, in your mindyeah, because if you come through here, you cant help but to be singular in your desire to serve. So here you are in Central Park South, a young man, and you are standing on Central Park South. Yes. "[17], As of December 2016, Viola had a net worth of $1.78 billion. What was your own attitude about the Vietnam War at the time? 33307. I guess thats where success on the battlefield really stems fromthis almost deep well of unassumed courage and unassumed dedication to your soldiers. Sign up now to get updates and email alerts when new interviews are released. So this family, from thisthey both came from the same village, my mom and dadfrom this little hamlet had over ten persons serving this new country in harms way. Mr. If you havent interviewed the honor committee, the senior leaders of the honor committee of the class of 77Mike [E.] Ivy, Mike [Burnell] Henryoh goshI think Carl [Axel] Swansonyou need to sit and have hours around the honor scandal. You have an affirmative duty, if you see. Lets actually go to the nature of that kind of training. Fort Lauderdale, Fl. But I know that it got extremely non-linear, the interpretations of the code and peoples reaction to the code. It was a combination of hearthe had congenital heart disease that went undiagnosed, and just was rendered incapable. He was an astute businessman and an extreme opportunist. [18], On December 19, 2016, then-President-elect Donald Trump announced his intention to nominate Viola for the position of Secretary of the Army. And it was a great point of honor for my grandfatherhe actually left the military as a noncommissioned officer of the Italian Army. [8], Viola began his business career as a trader in the New York Mercantile Exchange (NYMEX) in 1982, raising $10,000 to purchase a seat on the exchange. Well, of course, as a young man, you yearn for it to be a chivalrous and successful national mission and national adventure. Viola Has an Estimated Net Worth of $1.79 Billion. The son of a truck driver from Brooklyn, Vincent Viola started electronic-trading firm Virtu Financial in 2008 and took the company public in 2015. Ms. Viola also recently sold a home in Brooklyn Heights for $25.5 million, setting a price record for a townhouse sale in the borough, records show. He drew people in. Which was that the nation was in decline, the Army is in decline, old traditional trusted places were not to be trusted anymore. Maybe because my family had grounded in me a deep love of the country and a deep love of service to the country, I saw through that. In paperwork filed with the court, however, Virtu denied any wrongdoing. Part of that was because we had some former soldiers in the company who were cadets throughout the four classes that were there any time, and part of it was because we had a tactical officerthen was at the rank of major, Major Joseph Kinzer an old-guard Infantry soldier who was a Vietnam combat veteran, a phenomenal infantryman and a fantastic tactical officer. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. His father's Army service made a significant impression on Viola as a youth. 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vincent viola brother
