Article was published in the YaleNews on June 21, 2018
The Yale Board of Trustees — known formally as the Yale Corporation — has named its next senior trustee and will welcome three new members on July 1.
Catharine Bond Hill ’85 Ph.D. will serve as the next senior trustee. Michael Warren ’90 B.A. has been elected to serve as an alumni fellow, and Joshua L. Steiner ’87 B.A. and David Sze ’88 B.A. have been appointed successor trustees.
More about the trustees
Catharine Bond Hill
Catharine “Cappy” Bond Hill has served on the board as an alumni fellow since her election in 2013. Appointed a successor trustee this spring, she will also succeed Donna Dubinsky as the next senior trustee, serving as the primary connection between the other trustees and the president and presiding at meetings in his absence.
“Cappy brings extraordinary experience and wisdom to her role as senior trustee. I know Yale’s faculty, students, staff, and alumni — and I — will benefit immensely from her thoughtful and steady leadership,” noted President Peter Salovey.
Hill currently serves as managing director of Ithaka S+R, a non-profit organization providing research and strategic guidance to support universities, cultural institutions, and their leaders. From 2006 to 2016, Hill served as president of Vassar College, where she expanded support for students from diverse socioeconomic backgrounds. Prior to her Vassar presidency, Hill was provost of Williams College. She is a noted economist whose research focuses on the affordability of and access to higher education, as well as on economic development and reform in Africa. She was previously the fiscal/trade adviser and then head of the Harvard Institute for International Development’s Project on Macroeconomic Reform, working in Zambia’s Ministry of Finance and with the Bank of Zambia. In 2011 she joined the board of Yale–NUS College. She has also served as a trustee of the College Board and a member of the NCAA Division III Presidents Council.
Donna Dubinsky, CEO, board chair, and cofounder of Numenta, Inc., will retire from the board on June 30. She has served as senior trustee since 2016 and successor trustee since 2006.
“For the past 12 years, Donna has faithfully served the Yale community. Her commitment to transparency and accessibility has made Yale a stronger and more interconnected place. I am honored to have worked with her, and I am delighted that Donna will continue to maintain a close connection to Yale,” Salovey said.
In a worldwide balloting of alumni, Michael Warren was elected earlier this spring to serve as an alumni fellow. He will succeed leading Internet entrepreneur Kevin P. Ryan ’85 B.A., whose term as alumni fellow expires on June 30.
“Kevin has been an enormous asset to Yale, especially as we considered how to support innovation and entrepreneurship on campus,” said Salovey. “We have benefited from his keen business acumen and forward-thinking leadership.”
Warren is the global managing director of Albright Stonebridge Group, a business strategy firm he cofounded in 2009, where he advises clients at the intersection of the public, private, and social sectors. Previously, he worked at McKinsey & Company, focused on technology and financial institutions practices. A longtime resident of Washington, D.C., Warren also served as executive director of the National Economic Council in the Clinton administration and as senior adviser in the White House Presidential Personnel Office during the first term of Barack Obama’s presidency. In 2010, he was also appointed by President Obama to the Overseas Private Investment Corporation (OPIC) board of directors. He is a trustee of the District of Columbia Retirement Board, the district’s public pension fund. At Yale, Warren serves on the School of Management Board of Advisers and on the President’s Council for International Activities. He previously served as a member of the University Council, an advisory body to the president. Warren received a B.A. in history from Yale and also graduated from Balliol College at Oxford University, where he was a Rhodes Scholar.
Joshua L. Steiner
Joshua L. Steiner, an incoming successor trustee, is a senior adviser at Bloomberg, L.P., where he was previously head of industry verticals. During his tenure at Bloomberg, Steiner has overseen the company’s non-financial information businesses, venture capital fund, and corporate development and strategy teams. He has also led company-wide initiatives in data privacy, emerging markets growth, and market liberalization. Prior to joining Bloomberg, Steiner co-founded and was co-president of Quadrangle Group, LLC, a private equity and asset management firm. He also served as managing director at Lazard Frères & Co. LLC. From 1993 to 1995 he served as chief of staff for the U.S. Department of the Treasury.
He currently serves on the boards of Castleton Commodities, a global trading and infrastructure company, Engineers Gate, a quantitative investment firm, and several technology startups. He also sits on the boards of Phillips Academy (Andover) and the Stavros Niarchos Foundation Agora Institute at Johns Hopkins University. He is an honorary trustee of the New York Public Library, where he was previously the vice-chair of the board. He has served as a member of the Yale University Council and the Yale Development Council. Steiner received a B.A. in history from Yale and an M.St. in modern history from Oxford University.
David Sze, also a newly appointed successor trustee, is a partner at Greylock Partners, where he invests primarily in consumer technology. Frequently appearing on the Forbes Midas List of top technology investors, Sze is known for his ability to partner with entrepreneurs to develop breakthrough technology and media services. In 2006, Sze invested in Facebook — then a closed network of 7 million college students — and served as a board observer. He also served on the board of LinkedIn, helping guide the company from its early growth through its IPO and subsequent acquisition by Microsoft. Prior to joining Greylock, Sze served in leadership roles at Excite, one of the first Internet search engines, and its successor Excite @Home. He also held positions in the games industry, focused on product marketing and development.
He presently serves as director of several private startup companies and is a member of the board of advisers for Northern Lights Venture Capital. In addition to his professional responsibilities, Sze serves as a trustee of The Rockefeller University. He is a member of the Stanford Graduate School of Business’s Entrepreneurial Company of the Year (ENCORE) Award Committee and the Stanford Dean of Research Biosciences Advisory Council. At Yale, David served on the President’s Advisory Committee on Digital Yale. He received a B.A. in economics and political science at Yale and an M.B.A. from Stanford University.
The Board of Trustees
The Board of Trustees is the university’s principal governing body. The trustees act as fiduciaries to ensure that Yale’s academic and administrative leadership are guided by sound policies and practices, and equipped with adequate resources, to further Yale’s mission. In this work, the trustees balance the needs of today’s faculty, students, alumni, and staff with those of future generations.
The board includes the president of the university, who serves as chair; appointed successor trustees, each limited to two six-year terms; and elected alumni fellows, chosen by alumni for staggered six-year terms. Successor trustees and alumni fellows carry the same responsibilities and duties. In addition, the governor and lieutenant governor of Connecticut are board members ex officio. The Corporation has twelve standing committees with responsibilities outlined in the by-laws.
Praise for outgoing trustees
“Michael, Joshua, and David champion and exemplify Yale’s mission to improve the world today and for future generations. Their abilities to connect and engage deeply with those around them make them respected leaders at Yale and beyond. I look forward to their contributions,” Salovey remarked.
Steiner and Sze will replace the vacancies left by successor trustees Jeffrey Bewkes ’74 B.A. and Maureen C. Chiquet ’85 B.A., who have served on the board since 2006 and 2012, respectively.
Salovey praised the retiring trustees’ leadership and service. “Jeff Bewkes has been a calm and steady hand, helping to steer the university during times of immense change, including the financial challenges of 2008 and a Yale presidential transition. His wisdom and guidance have been invaluable,” he said. Of Chiquet, he noted, “Through conscientious leadership and a commitment to open and honest dialogue, Maureen has been a faithful steward of the university. I am grateful for her contributions to the well-being of Yale over the past six years.”