This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Alexander Acosta
Labor (joined: April 27, 2017)
Secretary of Labor | Financial Disclosure »
Former Positions Outside Government
- American Bar Association Commission on Hispanic Legal Rights and Responsibilities Chairman
- Breakthrough Miami Director
- Florida International University Dean of the College of Law
- Gulliver Schools Trustee
- Gulliver Schools Chair, Board of Trustees
- U.S. Century Bank Chair, Board of Directors
Former Compensation Sources
- Florida International University Dean of the College of Law
- U.S. Century Bank Chairman of the Board of Directors
Employment Assets
| Description | Value | Income |
|---|---|---|
| Florida International University | $379,620 | |
| U.S. Century Bank, 300,000 warrants, $1.50 strike price, to vest as follows: 100,000 on 3/1/16; 50,000 on 3/1/17; 50,000 additional on 3/1/18, 3/1/19 and 3/1/20 (expiration 90 days from severance) | None (or less than $201) | |
| U.S. Century Bank | $170,000 | |
| CREF Growth | $250,001 - $500,000 | None (or less than $201) |
| CREF Global Equities | $100,001 - $250,000 | None (or less than $201) |
| TIAA Traditional Annuity | $50,001 - $100,000 | $1,001 - $2,500 |
| T. Rowe Price Institutional Large Cap Growth | $15,001 - $50,000 | None (or less than $201) |
| Honorarium (University of Houston Student Chapter of the Federalist Society) - March 1, 2016 | $1,000 | |
| U.S. brokerage account (cash) | $15,001 - $50,000 | None (or less than $201) |
| U.S. Century Bank (anticipated bonus in the range of $50,000 - $150,000; exact amount not ascertainable) (anticipated bonus was not set as of the date of the nomination) | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| U.S. Bank Account #1 | $1,001 - $15,000 | None (or less than $201) |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| U.S. Century Bank | Miami, Florida | 300,000 warrants. I understand that if confirmed, I will resign from the Board and thus forfeit the 150,000 warrants that vest in 2018, 2019 and 2020. | Sept. 16, 2013 |
| U.S. Century Bank | Miami, Florida | Bonus for work performed in 2016 of $50,000 to $150,000 awarded as a credit toward the exercise of my vested warrants. The bonus amount was not set as of the date of nomination. I will forfeit unless I receive the bonus prior to assuming the duties of the position of Secretary. | Sept. 16, 2013 |
| Florida International University | Miami, Florida | Defined Contribution Plan. I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | July 16, 2009 |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| Third Federal Savings and Loan of Cleveland | Mortgage on Personal Residence | $500,001 - $1,000,000 | 2.74 | 2016 |
| Third Federal Savings and Loan of Cleveland | Home Equity Line of Credit | $15,001 - $50,000 | 4.49 | 2016 |
| US Bank (The mortgage was refinanced in 2016, and is now paid in full.) | Mortgage on Personal Residence | $500,001 - $1,000,000 | 3.91 | 2011 |
| SunTrust (The line of credit was refinanced in 2016, and is now paid in full.) | Home Equity Line of Credit | $15,001 - $50,000 | 4.15 | 2013 |
Do you know something about Alexander Acosta? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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