Archives: Team Members

MITCHELL E. DANIELS, JR. served as a two-term governor of the state of Indiana from 2004 to 2012 and as the 12th president of Purdue University from 2013 to 2022. He currently serves a Distinguished Scholar and Senior Advisor at the Liberty Fund.

He was elected governor in his first bid for any elected office, and then re-elected with more votes than any candidate in the state’s history.

At Purdue, Daniels prioritized student affordability and reinvestment in the university’s strengths. He ended 36 straight years of rising prices by freezing tuition and mandatory fees at 2012 levels for all students. The freeze is still in place today. As a result, the total cost of attendance is lower today than in 2012, even without adjusting for inflation and aggregate student borrowing has declined 37%.

Prior to becoming governor, Daniels served as chief of staff to Senator Richard Lugar, senior advisor to President Ronald Reagan and Director of the Office of Management and Budget under President George W. Bush. He also was the CEO of the Hudson Institute and had an 11-year career as an executive at Eli Lilly and Company.

Daniels earned a bachelor’s degree from Princeton’s Woodrow Wilson School of Public and International Affairs and a law degree from Georgetown. He is the author of three books and a contributing columnist in the Washington Post.

He and his wife Cheri have four daughters and eight grandchildren.

RAY DALIO is the founder of Bridgewater Associates, as well as a CIO mentor and member of the Bridgewater board. A global macro investor for more than 50 years, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in NYC and ran it for most of its 47 years, building it into the largest hedge fund in the world and the fifth most important private company in the US according to Fortune Magazine. His investment innovations (e.g., risk parity, alpha overlay, and All Weather) changed the way global institutions approach investing, and he has received several lifetime achievement awards. Over the decades he has been a valued macroeconomic advisor to many policy makers around the world. Because of the impact his thinking has had on global macroeconomic policies, he was named by TIME magazine as one of the “100 Most Influential People in the World.” Today, Ray remains an investor and mentor at Bridgewater and serves on its board. He is also the #1 New York Times bestselling author of Principles: Life and Work, Principles for Dealing with the Changing World Order, and Principles for Navigating Big Debt Crises.Ray graduated with a BS in Finance from C.W. Post College in 1971 and earned an MBA degree from Harvard Business School in 1973.  He has been married to his wife Barbara for more than 40 years and has three grown sons and five grandchildren. He is an active philanthropist with special interests in ocean exploration and helping to rectify the absence of equal opportunity in education, healthcare, and finance.

 

DAVID COTE is the Executive Chairman of Vertiv Holdings, International best-selling business book author of Winning Now, Winning Later and How To Be A Leader, and former Chairman and CEO of Honeywell. He was elected president, CEO, and a member of Honeywell’s Board in February 2002, and named chairman of the Board on July 1, 2002. He retired as CEO in 2017 and as Chairman 2018.

In 2018, Cote launched a Spac (GSAH) with his partner Goldman Sachs, before it later combined with Vertiv in 2020. Cote was elected to the Federal Reserve Bank of New York in 2014 and continued through 2018, as a Class B director to represent the interests of the public. From 2012 to 2013, Cote served as a founding member of the steering committee of the Campaign to Fix the Debt. Cote was named Vice Chair of the Business Roundtable in 2011 and chaired its Energy and Environment Committee. In 2010, Cote was named by President Barack Obama to serve on the bipartisan National Commission on Fiscal Responsibility and Reform (Simpson-Bowles Commission). Cote was named Co-Chair of U.S. India Forum in 2009 and was a member of the Forum since 2005. Cote holds a number of awards, including the Horatio Alger Award, the Australian Association’s Award for Excellence, and the Asia Society’s Global Leadership Award. He was named CEO of the Year from Chief Executive Magazine for 2013 as well as one of Barron’s Top 30 CEOs globally for five consecutive years. Cote also received the Peter G. Peterson Award for Business Statesmanship from the Committee for Economic Development in 2012, and the Distinguished Achievement Award from B’nai B’rith International in 2011.

Cote earned a bachelor’s degree in business administration in 1976 and received an honorary Doctor of Humane Letters from the University of New Hampshire in 2011. He was also named Honorary Professor from Beihang University of Aeronautics and Astronautics and received an Honorary Degree from the Graziadio School of Business and Management, Pepperdine University.

JOSHUA BOLTEN is CEO of Business Roundtable, an association of more than 200 CEOs of America’s leading companies.  Bolten’s twenty years of government service includes eight years in the White House under President George W. Bush as Chief of Staff (2006-09), Director of the Office of Management & Budget (2003-06), and Deputy Chief of Staff for Policy (2001-03). For the preceding two years, he was Policy Director of the Bush 2000 presidential campaign. Bolten’s previous private sector experience includes work at Goldman Sachs in London and O’Melveny & Myers in Washington, DC. Bolten received his undergraduate degree from Princeton in 1976 and his law degree from Stanford in 1980. He is a member of the boards of Emerson Electric Co., the ONE Campaign, Princeton University, and the U.S. Holocaust Memorial Museum.

ROBERT B. ZOELLICK is Chair of Temasek, Americas, an investment arm of Singapore’s sovereign fund, and Senior Counselor at Brunswick Group Geopolitical. In 2022-23, he was an Adjunct Professor and Senior Fellow at Harvard University’s Kennedy School of Government. Zoellick serves on the board of Robinhood Markets. He also chairs the International Advisory Council of Standard Chartered Bank, and serves on the Strategic Council of Swiss Re. He is a member of the boards of the Peterson Institute for International Economics, the Wildlife Conservation Society, and the Carnegie Endowment, and chairs the Global Tiger Initiative. Zoellick was the President of the World Bank Group from 2007-12, U.S. Trade Representative from 2001 to 2005, and Deputy Secretary of State from 2005 to 2006. From 1985 to 1993, Zoellick served as Counselor to the Secretary of the Treasury and Under Secretary of State, as well as White House Deputy Chief of Staff. Zoellick was the lead U.S. official in the negotiations for German unification, for which the German government awarded him the Knight Commanders Cross. In 2020, he published, “America in the World: A History of US Diplomacy and Foreign Policy.” His book has been translated into Korean, Chinese, Japanese, and Georgian.

TOM WILSON has been CEO of Allstate since 2007 and Chair of the Board of Directors since 2008. He is a public advocate for business playing a broad role in society. Focused on serving customers, earning returns for shareholder, creating opportunities for employees and improving communities. Wilson has also led Allstate through the global financial crisis and increased severe weather due to climate change by focusing on purpose, operational execution and creating changes rather than following trends. He has brought this approach to the broader business community through leadership of the U.S. Chamber of Commerce,  Financial Services Roundtable, Property-liability CEO Council, Get-In-Chicago and other private and public sector coalitions.

LAWRENCE H. SUMMERS is the Charles W. Eliot University Professor and President Emeritus of Harvard University. During the past three decades, he has served in a series of senior policy positions in Washington, D.C., including the 71st secretary of the Treasury for President Bill Clinton, director of the National Economic Council for President Barack Obama, and vice president of Development Economics and chief economist of the World Bank. He received a Bachelor of Science degree from the Massachusetts Institute of Technology in 1975 and was awarded a Ph.D. from Harvard in 1982. In 1983, he became one of the youngest individuals in recent history to be named as a tenured member of the Harvard University faculty. In 1987, Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation, and in 1993 he was awarded the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40. He is currently the Charles W. Eliot University Professor at Harvard University and the Weil Director of the Mossavar-Rahmani Center for Business & Government at Harvard’s Kennedy School. He and his wife Elisa New, a professor of English at Harvard, reside in Brookline and have six children.

ROBERT K. STEEL has more than 40 years of experience. Prior to joining Perella Weinberg Partners in May of 2014, Mr. Steel was New York City’s Deputy Mayor for Economic Development where he was responsible for the Bloomberg Administration’s five-borough economic development strategy, job-creation efforts, and also led the applied sciences initiative, which established the Cornell-Technion campus on Roosevelt Island, New York University Center for Urban Science, and Progress Initiative in Brooklyn, New York.

He was previously president and CEO of Wachovia Corporation, where he oversaw the sale of the bank to Wells Fargo & Co. and served on the Wells Fargo board of directors until 2010. Prior to that, Mr. Steel was Under Secretary for Domestic Finance of the United States Treasury, where he revived the President’s Working Group, the core group to respond to the global economic crisis of 2008. He managed the Department’s Blueprint for Modernized Regulatory Structure, which recommended several of the reforms since pursued by the Obama administration.

Mr. Steel spent nearly 30 years at Goldman Sachs, rising to Head of the Global Equities Division, Vice Chairman of the firm, and a member of its Management Committee. He also was a member of the board of directors of Barclays from 2005 to 2006.

He is a graduate of Duke University and the University of Chicago’s Booth School of Business. Mr. Steel is Chairman Emeritus of the Aspen Institute’s Board of Trustees and has served as Chairman of Duke’s Board of Trustees, Senior Fellow at the Harvard Kennedy School of Government, and a member of the FDIC Advisory Committee on Economic Inclusion.

Currently, Mr. Steel serves on the board of Perella Weinberg Partners, Bloomberg Inc., General Dynamics, Economic Club of New York, Union Square Hospitality Group, Lincoln Center for the Performing Arts, Hospital for Special Surgery, Aspen Institute, Rockefeller University, The Morgan Library & Museum, and is a member of the Aspen Economic Strategy Group and the Partnership for New York City.