Mr. Solomon founded Peter J. Solomon Company, L.P. in 1989. Previously, he was Vice Chairman of Lehman Brothers where he was Chairman of its Merchant Banking Division and Co-Chairman of the Investment Banking Division. From 1978 to 1980, Mr. Solomon was Deputy Mayor of Economic Policy and Development in New York City under Mayor Edward I. Koch. He was also Chairman of the New York City Health and Hospitals Corporation, which operated 17 municipal hospitals. He served as Counselor to the United States Treasury in the Carter Administration in 1980.
In 2011 Mr. Solomon was named to New York Governor Andrew Cuomo’s Spending and Government Efficiency Commission (SAGE), serving as Chairman of its Transportation, Environment and Economic Development Work Group. He is Director and Chairman Emeritus, of The Manhattan Theatre Club; Chairman of Friends of the Center for Jewish Studies – Harvard University; a Trustee of the American Museum of Natural History, The Federation of Jewish Philanthropies of New York City, and the Lucius Littauer Foundation; a member of the Boards of Managers, Memorial Sloan-Kettering Cancer Center, Memorial Hospital for Cancer and Allied Diseases and Sloan-Kettering Institute for Cancer Research; and a Director of Headwater Initiative. Mr. Solomon also has written extensively about conflicts on Wall Street and public policy issues. He received his bachelor of arts cum laude from Harvard College and his master’s of business administration from Harvard Business School.