Sam Pallotta joined Russo Development to oversee the day-to-day operations of the Accounting Department as well as the execution of annual financial statements. Sam operates as a strategic liaison to Ownership with oversight of all financial reporting, cash flow management and payment processing for the industrial, commercial, and residential mixed-use sectors of both Russo Development and Russo Property Management.
Sam was formerly the Vice President and Chief Risk Officer and Treasurer for Rockefeller Group. At Rockefeller Group, he managed the Treasury Department, including global cash management, cash forecasting, payment processing, and risk management. Sam worked on capital market transactions including working with lenders to raise required corporate and project-level financing. As a member of the Strategic and Capital Planning group, Sam partnered with senior management and colleagues across the organization on key strategic initiatives including capital allocation and evaluation of prospective investments. While at Rockefeller Group, Sam obtained substantial experience in real estate investments across multiple property types including industrial, multifamily, office, and mixed-use developments. Sam has over 25 years of corporate finance experience and has worked in the real estate industry for the last 15 years.
Before joining Rockefeller Group, Sam worked for over five years at General Motors’ New York Treasurer’s Office, holding positions in the Capital Markets, Overseas Finance and Worldwide Pension Funding and Analysis departments. Prior to General Motors, Sam worked for Johnson & Johnson in corporate finance and accounting. Sam holds a bachelor’s degree in Business Administration from Bucknell University and an MBA from the University of Virginia (Darden Graduate School of Business).
Sam currently serves on the Board and is Treasurer for the St. Philip the Apostle Foundation, a not-for-profit organization that provides financial assistance to Salesian organizations, primarily tuition grants to young students to attend Salesian High School in New Rochelle, NY. Sam is an adjunct faculty member at New York University, teaching Real Estate Finance