Vector Group Company Overview

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Vector Group
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About Vector Group

Vector Group (NYSE:VGR) is a diversified company involved in the tobacco and real estate industries. Its operations are primarily focused on manufacturing and selling cigarettes under various brands through its tobacco subsidiary, as well as participating in residential brokerage and real estate investment through its realty businesses. Vector Group aims to leverage its market presence in these sectors to drive sustainable revenue growth, capitalizing on the dynamics of the tobacco industry and the evolving real estate market. The company is dedicated to exploring new opportunities for expansion and enhancing shareholder value through strategic initiatives and investments in its core business areas.

What is Vector Group known for?

Snapshot

1980
Year founded
551
Employees
Miami, United States
Head office
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Operations

All Locations
Miami, US

Products and/or services of Vector Group

  • Tobacco products under Liggett Group LLC and Vector Tobacco, providing a range of cigarette brands catering to diverse market segments.
  • Real estate investments through New Valley LLC, focusing on luxury residential properties and real estate ventures in prime locations.
  • Zoom E-Cigs LLC, offering electronic cigarettes and related products, targeting the growing market of alternative smoking solutions.
  • Douglas Elliman Realty, LLC, a subsidiary providing comprehensive residential real estate brokerage services across the United States.
  • Investments in the fintech sector, exploring innovative financial technologies that can disrupt traditional banking and investment services.
  • Participation in agricultural ventures, looking into sustainable farming practices and technologies to improve crop yields and efficiency.

Vector Group executive team

  • Mr. Howard M. LorberPresident, CEO & Director
  • Mr. James Bryant Kirkland IIISenior VP, CFO & Treasurer
  • Mr. Richard J. LampenExecutive VP, COO & Director
  • Mr. Marc N. BellSenior VP, General Counsel & Secretary
  • Mr. Nicholas P. AnsonPresident & COO of Liggett Group LLC and Liggett Vector Brands LLC
  • Mr. James David BallardSenior VP of Enterprise Efficiency & CTO
  • Mr. Fredrick W. Schmidt III, CPAVP & Controller

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