Maragos Sworn in as Nassau Comptroller

George Maragos, who joined Leadership 100 in 2007 with his wife, Angela, was sworn in as Nassau County Comptroller on January 3, 2010 and officially took office the next day. The ceremony, in Long Island’s New Hyde Park, was attended by Nassau County Executive Ed Mangano, New York State Senator and Republican minority leader Dean Skelos, other county legislators, as well as Maragos’ wife and two sons, Peter and Angelo.

A Republican, he will be Nassau’s first comptroller of Greek origin. The founder and president of SDS Financial Technologies, a finance and trading services company, Maragos, who defeated the incumbent by a slim margin, promised to fight against tax increases and check the county’s current deficit of $450 million and spending. Prosperous Nassuau, New York’s second richest county, had faced bank bankruptcy in the 1990s.