Talk about good company—these top business leaders have also won the Peterson Business Award:
- Louis V. Gerstner, Jr., chairman and CEO of IBM
- Sanford Weill, chairman of Citigroup
- William B. Harrison, Jr., chairman and CEO of JP Morgan Chase
- Henry A. McKinnell, chairman and CEO of Pfizer Inc.
- Thomas J. Neff, chairman of Spencer Stuart
- Indra K. Nooyi, chairman and CEO of PepsiCo
- Peter T. Grauer, chairman of Bloomberg L.P.
- Robert K. Steel, NYC Deputy Mayor for Economic Development
- Robert Goergen, founder and executive chairman of Blyth, Inc.
Who rounds out the top 10?
This March, Greenwich Library welcomes Barry S. Sternlicht—founder, chairman and CEO of the leading global private investment firm Starwood Capital Group—into its ranks. He will be honored as the tenth recipient of the award, bestowed by the library during its biennial event. The seven-time five-star library has a total circulation of about 1.5 million, the highest reported in the state. It began the Peterson Dinner to recognize outstanding business leadership. It was established in 1997 and named in honor of Clementine Lockwood Peterson. Her bequest, made in memory of her husband and her son, resulted in a new 32,000-square-foot wing at the Greenwich Library. Designed by renowned architect Cesar Pelli, this wing houses business and music collections.
“Barry Sternlicht embodies all the attributes of this accolade, which celebrates leaders who have made significant contributions to both business and society,” said Haley Elmlinger, president of the Greenwich Library Board of Trustees.
Sternlicht formed Starwood Capital Group in 1991 to focus on global real estate, hotel management, oil and gas, energy infrastructure and securities trading. He is also chairman of Starwood Property Trust, the largest commercial mortgage REIT in the country; Starwood Waypoint Residential Trust, one of the largest publicly traded investors, owners and operators of single-family homes in the country; TRI Pointe Homes, one of the largest homebuilders in the country; and French crystal maker Baccarat S.A.
Starwood Capital, headquartered in Greenwich, manages more than $44 billion of assets on behalf of its high net worth and institutional partners and employs nearly 600 employees. In 2013 Sternlicht was named the Most Important Person in Commercial Real Estate Finance by The Mortgage Observer.
From 1995 through early 2005, Sternlicht was founder, chairman and CEO of Starwood Hotels & Resorts Worldwide, which employed more than 120,000 people and included 895 properties in 100 countries. He also created W Hotels and built the Regis Hotels into a global brand. In 2008, he founded SH Group, which is owner and manager of the new hotel brands, Baccarat Hotels & Resorts and 1 Hotels. In 2015, Sternlicht received the Cornell Icon of the Industry Award and the Lifetime Achievement Award from the International Hotel Investment Forum.
Executive Chairman of Guggenheim Partners, Alan D. Schwartz, will present the Peterson Award to Mr. Sternlicht at a dinner on March 2, 2016. The event, cochaired by Library Trustees Dan Daniels and Robert Marks, will be held at the Greenwich Hyatt Regency Hotel.