Age, Biography and Wiki

Kenneth Feinberg (Kenneth Roy Feinberg) was born on 23 October, 1945 in Brockton, Massachusetts, U.S., is an Executive. Discover Kenneth Feinberg's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 78 years old?

Popular As Kenneth Roy Feinberg
Occupation Attorney
Age 79 years old
Zodiac Sign Libra
Born 23 October 1945
Birthday 23 October
Birthplace Brockton, Massachusetts, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 23 October. He is a member of famous Executive with the age 79 years old group.

Kenneth Feinberg Height, Weight & Measurements

At 79 years old, Kenneth Feinberg height not available right now. We will update Kenneth Feinberg's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Who Is Kenneth Feinberg's Wife?

His wife is Diane Shaff (3 children)

Family
Parents Not Available
Wife Diane Shaff (3 children)
Sibling Not Available
Children Not Available

Kenneth Feinberg Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Kenneth Feinberg worth at the age of 79 years old? Kenneth Feinberg’s income source is mostly from being a successful Executive. He is from United States. We have estimated Kenneth Feinberg's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Executive

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Timeline

2021

In 2021, Feinberg was appointed as the Special Master in the Roundup Product Multi-District Litigation by the United States District Court, Northern California District. Feinberg is once again determining the value of a persons life to help Bayer settle thousands of law suits.

2020

In 2019, Feinberg worked pro bono to mediate the impasse between representatives of factions within the United Methodist Church regarding its position on homosexuality. Consequently on January 3, 2020, the parties unanimously agreed to present a plan to the 2020 General Conference to spin off one or more traditionalist denominations and allow churches and denominations to leave or remain, while dividing church assets.

2016

In February 2016, it was announced that Feinberg would be heading up the compensation fund for Volkswagen. This fund will be established to compensate the roughly 600,000 U.S. owners of diesel vehicles whose emissions are over the legal limit.

In March 2016, the United States Department of Justice appointed Feinberg to oversee the Victims of State Sponsored Terrorism Fund.

In 2016, the Archdiocese of New York established the Independent Reconciliation and Compensation Program run by Kenneth Feinberg. This Independent Reconciliation and Compensation Program (the "IRCP") follows in the wake of initiatives already implemented by the Archdiocese of New York (the "Archdiocese") to address the problem of sexual abuse of minors alleged against clergy of the Archdiocese. The IRCP is a new program designed to compensate eligible victims of abuse. During past years, the Archdiocese has received various individual complaints alleging sexual abuse by clergy of the Archdiocese. This Protocol outlines the eligibility criteria requirements and the process for these individuals to submit and resolve claims alleging such sexual abuse. This Protocol governs only those individual claims previously submitted to the Archdiocese and will be considered Phase I of a two-phase Program.

2014

On April 1, 2014, General Motors announced it had retained Feinberg to handle part of its response to a widely reported product safety recall. GM said Feinberg would serve as a consultant "to explore and evaluate options in its response to families of accident victims whose vehicles are being recalled for possible ignition switch defects."

The U.S. Department of the Treasury released proposed and temporary regulations to implement the Kline-Miller Multiemployer Pension Reform Act of 2014, as required by Congress. In Kline-Miller, Congress established a new process for multiemployer pension plans to propose a temporary or permanent reduction of pension benefits if the plan is projected to run out of money. As part of Treasury's commitment to ensuring an open and fair process, Treasury Secretary Jacob J. Lew appointed Kenneth Feinberg as a Special Master to help provide a dedicated, impartial and informed review of applications proposing to reduce pension benefits. Feinberg will oversee Treasury's implementation of Kline-Miller, including the review of applications to determine whether they meet the requirements set by Congress. He will also ensure that affected stakeholders have a single point of contact dedicated to this process.

2013

In June 2013, Newtown-Sandy Hook Community Foundation was given permission from the Connecticut Attorney General to distribute $7.7 million from the fund. A committee of three, headed by a retired U.S. District Court judge, was being advised by Kenneth Feinberg.

2012

On September 12, 2012, Feinberg was hired by Penn State University to aid in the settlement of dozens of personal injury claims against the institution stemming from the sex abuse scandal involving Jerry Sandusky. Four months later, Feinberg said that he expected settlement discussions with 28 people to yield results within a matter of weeks.

2011

In January 2011, Judge Barbier, the federal judge over the oil spill litigation, after hearing evidence and arguments of the attorneys, ruled that Kenneth Feinberg was not independent of BP and could no longer claim to be so. Feinberg had been telling victims he was their lawyer and did not answer to BP.

2010

On June 16, 2010, it was reported that Feinberg was to run a $20 billion fund to pay claims for the BP oil spill. President Obama said that the $20 billion from BP "will not be controlled by either BP or by the government. It will be put in an escrow account administered by an impartial, independent third party." Obama said he and BP's chairman, Carl-Henric Svanberg, agreed on having Feinberg administer the fund. Feinberg was also selected by Obama to oversee the compensation of top executives at bailed out banks.

On December 6, 2010, the Center for Justice & Democracy (CJ&D) sent a letter to Robert Dudley, the CEO of BP, concerning "serious new issues raised about the lack of transparency and potential conflicts of interest related to the administration of the Gulf Coast Claims Facility." In the letter, CJ&D pointed out actions taken by Feinberg in the administration of the compensation fund that point to serious conflicts of interest:

2009

On June 10, 2009, Feinberg was appointed by the U.S. Treasury Department to oversee the compensation of top executives at companies which have received federal bailout assistance. As part of his policies, he has suggested to many bank executives that they emphasize long-term stock compensation rather than cash payments.

2007

On July 5, 2007, a Virginia Tech press release said that Feinberg would work pro bono as the chief administrator to the Hokie Spirit Memorial Fund (HSMF). The HSMF was set up by the Virginia Tech Foundation in the aftermath of the April 16, 2007, shooting attacks on the Virginia Tech campus. Feinberg and the university planned to disseminate a set of proposals for comment about distributions to the families in mid-July. The press release claims that the victims or families will have options on the ultimate uses of the funds, and that payments would be completed sometime during the fall.

2005

In 2005 his book, titled What is Life Worth?: The Unprecedented Effort to Compensate the Victims of 9/11 was published.

1967

Feinberg was born in Brockton, Massachusetts. He received a Bachelor of Arts from the University of Massachusetts-Amherst in 1967 and a J.D. degree from the New York University School of Law in 1970. He worked for five years as an administrative assistant and chief of staff for U.S. Senator Ted Kennedy and as a prosecutor for the U.S. Attorney General. Before founding his own firm The Feinberg Group (now the Law Offices of Kenneth Feinberg) in 1993, he was a founding partner at the Washington office of Kaye Scholer LLP.

1945

Kenneth Roy Feinberg (born October 23, 1945) is an American attorney specializing in mediation and alternative dispute resolution. He served as the Chief of Staff to Senator Ted Kennedy, Special Master of the U.S. government's September 11th Victim Compensation Fund and the Special Master for TARP Executive Compensation. Additionally, Feinberg served as the government-appointed administrator of the BP Deepwater Horizon Disaster Victim Compensation Fund. Feinberg was also appointed by the Commonwealth of Massachusetts to administer the One Fund—the victim assistance fund established in the wake of the 2013 Boston Marathon bombings. Feinberg was also retained by General Motors to assist in their recall response and by Volkswagen to oversee their U.S. compensation of VW diesel owners affected by the Volkswagen emissions scandal. Feinberg was hired by The Boeing Company in July 2019, to oversee distribution of $50 million to support 737 MAX crash victim families. Feinberg is also an adjunct professor at the Columbia University School of Law, University of Pennsylvania Law School, Georgetown University Law Center, New York University School of Law, the University of Virginia School of Law and at the Benjamin N. Cardozo School of Law.