Perella Weinberg Names Ex-Treasury Official Robert Steel CEO

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Perella Weinberg Partners named Robert Steel its chief executive officer, picking the former Treasury Department official who oversaw the sale of Wachovia Corp. to replace co-founder Joseph Perella.

Perella, 72, will remain chairman of the advisory and asset management firm, according to a statement from the company today. Peter Weinberg will continue to head Perella Weinberg’s advisory business, and Terry Meguid will remain co-head of asset management.