[1] After graduating from Kenyon College with a Bachelor of Arts in History and extensive study in economics, Karosen went on to become a commercial real estate developer in Kansas City, Missouri.

The award has honored leaders such as presidents Reagan, Bush and Clinton; Prime Ministers Thatcher and Rabin and Secretaries Cohen and Powell.

[3] Cantor Fitzgerald's offices, located on floors 101 to 105 of 1 World Trade Center, were destroyed by the terrorist attacks of September 11, 2001, killing 658 of the company's 960 New York employees.

[6] He continued to put together an annual celebration of life event for the families of Cantor Fitzgerald's victims on the anniversary of the attacks up until his death.

Karosen's skills and efforts proved critical to Cantor Fitzgerald's recovery after the September 11 attacks destroyed the firm's headquarters in the World Trade Center.

Concurrently, Karosen was a principal in securing for Cantor Fitzgerald and other firms directly affected by the 9/11 attacks over $30 million in federal, state and city aid to rebuild.

Karosen was also a board member for the New York City Fund for Public Advocacy, Midwest Chapter of the Leukemia Society, United States Coast Guard Foundation and the Wilbraham Monson Academy.