Milstein was quietly nominated by Cuomo in early May to the post being vacated by current chairman, John Buono, whose term expired Jan. 1. The nomination was first reported this afternoon by the Buffalo News.
Milstein, 60, is the billionaire chairman of New York Private Bank & Trust and its operating bank, Emigrant Bank, and is a real estate investor.
The governor’s office confirmed the nomination, and a Senate spokesman said the nomination is scheduled to be voted on before session ends June 20.
Milstein and his wife, Abby, have been major campaign contributors to Democrats and Republicans — including each giving $50,000 to Cuomo’s campaign, records show.
The Cuomo adminstration has been eying changes at the Thruway Authority, which is run by executive director Michael Fleischer. Cuomo’s aides have recently suggested that the Thruway Authority could be combined with the state Department of Transportation.
The Thruway Authority manages the state’s 641-mile system and the state’s Erie Canal.