The Peter G. Peterson Chair is reserved for the editor of Foreign Affairs in recognition of Peter G. Peterson’s extraordinary service to CFR, where he has been a member since 1971. He joined the Board of Directors in 1973, succeeding David Rockefeller as chairman from 1985 until 2007, when he became chairman emeritus. Under Peterson’s twenty-two years of Board leadership, CFR underwent the most vigorous period of growth in its history. It is fitting that Peterson’s considerable achievements and contributions as chairman are recognized in naming the editor of CFR’s flagship publication the Peter G. Peterson Chair.
Peter G. Peterson
Peter G. Peterson is founder and chairman of the Peter G. Peterson Foundation, a nonpartisan organization dedicated to raising awareness of United States’s long-term fiscal challenges and promoting solutions to ensure a better economic future.
Peterson’s distinguished and far-reaching career spans more than five decades, including contributions and accomplishments in public service, business, and philanthropy.
Peterson’s public service began in 1971, when President Richard M. Nixon named him assistant to the president for international economic affairs. He also served as U.S. secretary of commerce and chairman of Nixon’s National Commission on Productivity, and was appointed U.S. chairman of the U.S.-Soviet Commercial Commission. From 2000 to 2004 he chaired the Federal Reserve Bank of New York.
In 1985, he cofounded the Blackstone Group, and over the next two decades he helped to grow the firm into a global leader in alternative investments. In the 1970s and 1980s, Peterson served as chairman and chief executive officer of Lehman Brothers and Lehman Brothers, Kuhn, Loeb Inc. Before working in Washington, Peterson was chairman and chief executive officer of Bell & Howell, and an executive at McCann Erickson.
Peterson is chairman emeritus of the Council on Foreign Relations, founding chairman of the Peterson Institute for International Economics in Washington, DC, and founding president of the Concord Coalition.
Peterson has served as a director of numerous corporations and is the author of seven books, including Steering Clear: How to Avoid a Debt Crisis and Secure Our Economic Future, the best-selling Running on Empty: How the Democratic and Republican Parties are Bankrupting Our Future and What Americans Can Do About It, and his memoir, The Education of an American Dreamer: How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond.
Peter G. Peterson Editors of Foreign Affairs
James F. Hoge, Jr.