Robert K. Steel
Partner and Vice Chairman
Perella Weinberg Partners
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.