Mr. Steel is a Partner and Chief Executive Officer of Perella Weinberg Partners. Prior to joining the Firm, he was New York City’s Deputy Mayor for Economic Development where he was responsible for the Bloomberg Administration’s five-borough economic development strategy and job-creation efforts, and oversaw such agencies as the Department of Housing Preservation and Development, Department of City Planning, Department of Small Business Services, NYC Economic Development Corporation and NYC & Company, and chaired the Brooklyn Bridge Park board.
Prior to his 2010 appointment as Deputy Mayor, Mr. Steel was the President and CEO of Wachovia. From 2006 to 2008, Deputy Mayor Steel was the Under Secretary for Domestic Finance at the U.S. Department of the Treasury.
Prior to entering government service, Mr. Steel spent nearly 30 years at Goldman Sachs, ultimately rising to become co-head of the U.S. Equities Division and Vice Chairman of the firm.
He is Chairman of Duke University's Board of Trustees, Chairman of the Aspen Institute's Board of Trustees, Senior Fellow at the Harvard Kennedy School of Government, a member of the FDIC Advisory Committee on Economic Inclusion, Chairman of The After-School Corporation, and Co-Founder of SeaChange Capital Partners, an organization dedicated to helping nonprofits grow.
He is a graduate of Duke University and the University of Chicago's Booth School of Business