SABRINA M. TY, President and CEO
Sabrina M. Ty is the President and CEO of the New York State Environmental Facilities Corporation, the arm of Governor Cuomo’s administration that provides low-cost financing to local governments for wastewater and drinking water infrastructure. President Ty administers the largest and most successful State Revolving loan fund in the nation, managing more than $12 billion in assets. Her appointment was approved by the Corporation’s Board of Directors on June 25 and became effective on July 1, 2015.
Prior to joining the Corporation, Ms. Ty served as Special Counsel to the Commissioner in the Office of General Services, where she oversaw several of the Governor’s Enterprise initiatives for achieving savings, supervised the implementation of the Service-Disabled Veteran-Owned Business Program and managed the agency’s MWBE program. She previously served as Governor Cuomo’s Deputy Secretary for Legislative Affairs where she played a key role in the development and production of the Executive Budget, was an integral member of the Executive team in State budget negotiations and worked on the passage of vital legislative initiatives. Ms. Ty has also held a number of positions in the New York State Assembly, culminating in Legislative Counsel to the Speaker.
A graduate of Albany Law School and McGill University, Ms. Ty began her career as an attorney at the law firm of Couch, White, Brenner, Howard & Feigenbaum.
MAUREEN A. COLEMAN, Esq., General Counsel
Ms. Coleman was appointed as General Counsel in May 2015. Prior to joining the Corporation, she served as Assistant Counsel to the Governor, where she advised the Governor and policy staff on legal matters related to the environment, energy, and agriculture. Prior to this role, she was employed for 13 years with the Department of Environmental Conservation, where she served as legislative counsel in the Department’s Office of Legislative Affairs and then as Bureau Chief of Water and Natural Resources for the Department’s Office of General Counsel.
Prior to joining state service, Ms. Coleman served as Vice President, Law & Regulation at J. &. W. Seligman & Co. Incorporated, a privately owned investment manager in New York City. She has a B.A. from College of Saint Rose and a J.D. from Brooklyn Law School.
TIMOTHY P. BURNS, P.E., Director of Engineering & Program Management
Mr. Burns was appointed Director of Engineering and Program Management in June 2009 after serving as Program Manager for the Metropolitan & Eastern Projects Section since 2003. Prior to joining the Corporation in February 2002, he was employed by the New York State Department of Environmental Conservation from 1990 to 2002. He served in the Region 2 office (NYC) for 10 years, his last 2 as the Acting Regional Water Engineer. Mr. Burns possesses a Bachelors of Science Degree in Chemical Engineering from the State University of New York at Buffalo and is also a graduate of The City College of New York, where he received his Masters of Engineering Degree in Civil Engineering. He is a licensed Professional Engineer in both New York and Vermont.
MICHAEL D. MALINOSKI, Controller and Director of Corporate Operations
Mr. Malinoski was appointed Controller and Director of Corporate Operations in August 2006 after serving as the Corporation’s Controller since 1996. From 1992 to 1996, Mr. Malinoski served in the position of Assistant Director of Accounts and Investments. Prior to joining the Corporation, Mr. Malinoski was employed for a number of local private sector companies as a Controller. Mr. Malinoski possesses a Bachelors of Business Administration degree in Accounting from Siena College.
GEORGE N. CHOLAKIS, Esq., Executive Deputy Counsel
Mr. Cholakis was appointed Executive Deputy Counsel to the Corporation in October, 2015. Mr. Cholakis had previously served as Associate Counsel to the Corporation from 1999 to 2005, and then Assistant General Counsel until his departure in 2010. Mr. Cholakis was previously in private practice specializing in commercial transactions, and most recently in the areas of bankruptcy and loss mitigation. He has a Juris Doctor Degree from Western New England College School of Law and a Master’s of International Management Degree from the Thunderbird School of Global Management.
KENNETH G. FRIEDRICH, Chief Financial Officer
Prior to joining EFC, Ken was the Head of Municipal Sales, Trading and Syndication for RBC Capital Markets where he oversaw a team of 50 institutional and retail traders, municipal underwriters and institutional sales people. Ken also has extensive experience partnering with municipal issuers and financial advisers to arrive at efficient financing solutions. As Senior Manager, he oversaw the pricing, syndication, and distribution of $20 billion annually in municipal debt. He has also supervised the distribution of securities across fixed income markets including municipal bonds, corporate bonds, mortgage backed securities, and government bonds. Ken received a BA in Economics from American University.