Position
Chief Operating Officer
Company
LeFrak
Description
LeFrak named Adam Silfen, who has spent more than two decades affiliated with the firm, to the newly created role of President and Chief Operating Officer. This marks the first time in its 120-year history that a non-family member has been tapped to join the Office of the Chairman. Silfen will work hand in hand with Executive Chairman Richard LeFrak along with his sons, Harrison and Jamie, who are Vice Chairmen, to support day-to-day operations as LeFrak grows its residential portfolio and expands into new markets, including the U.S
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months