October 15, 2015 - 5:43 PM EDT
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Perella Weinberg Partners Forms Strategic Advisory Board

Perella Weinberg Partners (PWP) announced today the formation of a strategic advisory board. The Advisory Board will provide the firm’s management team with strategic advice on key industry and business-related matters.

The seven initial members of the Advisory Board are: Walter Isaacson, Aspen Institute President and CEO; Jorma Ollila, former Royal Dutch Shell Chairman; Robert Pozen, former Fidelity Investments Vice Chairman; Ivan Seidenberg, former Verizon Communications Inc. Chairman and CEO; Jane Sherburne, former Senior Executive Vice President and General Counsel for BNY Mellon; Daniel Yergin, IHS Vice Chairman; and Robert K. Steel, PWP CEO.

“As we approach the next ten years of the firm’s growth, we are focused on providing our clients the trusted advice and services that have been the hallmark of our firm,” said Joseph Perella, Chairman of Perella Weinberg Partners. “This distinguished group of business leaders will further enhance the firm’s ability to deliver value to our clients across all of our businesses. We are excited to embark on this next chapter in tandem with our Advisory Board, our founding investors, partners, and employees.”

“We believe the opportunity in front of us is even greater today than when the firm was first imagined,” said Steel. “As Perella Weinberg Partners enters its next phase of growth, there are enormous benefits in having a small group of experienced, external leaders to help us think strategically about the future of the firm. Our Advisory Board members possess deep knowledge, expertise and insight. They will provide valuable, added perspective as we map the future direction of the firm.”

This Board will replace and expand the firm’s previous Advisory Council, which was formed eight years ago.

About the Advisory Board

Walter Isaacson

Walter Isaacson is President and CEO of the Aspen Institute, an international nonprofit dedicated to fostering enlightened leadership and open-minded dialogue. He is also a renowned author of such books as The Innovators and Steve Jobs, with a distinguished career in journalism, including his positions as Chairman and CEO of CNN and Managing Editor of Time Magazine.

Jorma Ollila

Jorma Ollila is the former Chairman of Royal Dutch Shell, the world’s largest oil company. He held the positions of Chairman and CEO of mobile phone maker and technology company Nokia Corporation from 1992 to 2012. Mr. Ollila joined Perella Weinberg Partners as an advisory partner in 2014.

Robert Pozen

Robert Pozen is a former Vice Chairman of Fidelity Investments. He served as Chairman of MFS Investment Management from 2004 to 2010. His public sector experience includes his tenure as Secretary of Economic Affairs for the Commonwealth of Massachusetts and service as a Member of the Commission to Strengthen Social Security. He is a Senior Lecturer at Harvard Business School, a Visiting Senior Lecturer at MIT and a Senior Research Fellow at the Brookings Institution.

Ivan Seidenberg

Ivan Seidenberg is the former Chairman and CEO of Verizon Communications, the largest telecom company in the U.S., and was the force behind the mergers which created Verizon. He is the former Chairman of the Business Roundtable. Mr. Seidenberg joined Perella Weinberg Partners as an advisory partner in 2012.

Jane Sherburne

Jane Sherburne is the owner of Sherburne PLLC, a consultancy that gives strategic advice related to crisis management, corporate governance matters, litigation and investigations and government relations. Over the past 14 years, Ms. Sherburne has served as General Counsel to large financial institutions (BNY Mellon, Wachovia and Citi Global Consumer Group). From 1994 to 1997 Ms. Sherburne served as Special Counsel to the President in the Clinton White House.

Robert K. Steel

Robert K. Steel is Chief Executive Officer of Perella Weinberg Partners and Chairman of the firm’s Advisory Board. He has served as New York City’s Deputy Mayor for Economic Development, Under Secretary for Domestic Finance at the U.S. Department of the Treasury and CEO of Wachovia Corporation. In 30 years at Goldman Sachs, his roles included Head of the Global Equities Division, Vice Chairman of the firm and a member of its Management Committee. Mr. Steel is Chairman of the Aspen Institute;s Board of Trustees and has served as Chairman of Duke’s Board of Trustees.

Daniel Yergin

Daniel Yergin is Vice Chairman of IHS. With over 9,000 employees, IHS is one of the world’s largest research companies, with business lines focused on energy, chemicals, automotive, aerospace and defense, economics and country risk, and electronics and media. He was founder of IHS Cambridge Energy Research Associates, which was one of the leading energy advisory firms in the world. Dr. Yergin is the author of several books, including bestsellers The Quest and The Prize, the latter of which was awarded the Pulitzer Prize, became a number one New York Times bestseller and has been translated into 19 languages. The Prize and Commanding Heights were made into award-winning television documentaries for PBS, BBC and NHK in Japan.

About Perella Weinberg Partners

Perella Weinberg Partners is a leading independent, client-focused financial services firm providing advisory and asset management services to a broad, global client base, including corporations, institutions and governments. The Advisory business advises clients on mergers, acquisitions, defense advisory, financial restructuring, private capital raising, and pension matters. The Asset Management business includes a suite of hedge fund strategies, private investment funds and outsourced CIO solutions. Together with its affiliates, the Asset Management business has capital commitments and managed assets of approximately $8.6 billion. With approximately 450 employees, Perella Weinberg Partners maintains offices in New York, London, Abu Dhabi, Denver, Dubai, and San Francisco. For more information on Perella Weinberg Partners, please visit www.pwpartners.com.

Perella Weinberg Partners Media:
Perella Weinberg Partners
Kara Findlay, +1 212-287-3197
Sard Verbinnen & Co
Denise DesChenes/Renée Soto
+1 212-687-8080
Victoria Palmer-Moore/Karen Le Cannu
+44 (0)20 7250 1446

Source: Business Wire (October 15, 2015 - 5:43 PM EDT)

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