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Patrick Gambaro is Executive Vice President of Operations at the New York Board of Trade (NYBOT), the world’s leading exchange for soft commodities. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp, and sugar, as well as currency and index futures and options. Mr. Gambaro joined the Coffee, Sugar & Cocoa Exchange (CSCE) as Senior Vice President of Information Technology and Floor Operations in 1989. After the merger with the New York Cotton Exchange in 1998, he was promoted to Executive Vice President, and to his current position in 2002. Mr. Gambaro was instrumental in developing the NYBOT’s Business Continuity and Disaster Recovery Plans, which has become a model for corporate preparedness for American businesses. After the first terrorist attack on the World Trade Center in 1993, he began developing the NYBOT’s recovery plan. As a result of these efforts, NYBOT began leasing space six years ago from Comdisco, a renowned disaster recovery services group, at its Long Island City, New York site. Due to the events on September 11, 2001, the exchange’s World Trade Center facility was completely destroyed. NYBOT’s disaster recovery site has allowed the exchange to continue its commodity operations with only minimal delay. At the time of the 9/11 attacks, the NYBOT was the only open outcry exchange worldwide with a back-up trading and business continuity facility. From 1985 to 1989, Mr. Gambaro was Vice President of East Coast Operations for the Options Clearing Corporation, the world’s largest equity options clearing house. From 1979 to 1985, he was employed by the New York Stock Exchange as Vice President of Operations. There he managed the trading floor and all relevant systems for the NYSE’s New York Futures Exchange division. From 1963 to 1979, at Dean Witter Reynolds, he attained the position of Vice President of Operations.
See also: 08:45 am Roundtable I - Crisis Management and Disaster Recovery
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