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Distributed July 30, 2004
Contact Mark Nickel

Brown names Neil D. Steinberg as vice president for development

Neil D. Steinberg, chairman and CEO of Fleet Bank–Rhode Island, has been named vice president for development and campaign director at Brown University. As the University’s chief development officer, Steinberg will direct the University’s next comprehensive campaign, which will support the University’s Plan for Academic Enrichment. He will begin his work at Brown on Aug. 23, 2004.

PROVIDENCE, R.I. — Brown University President Ruth J. Simmons announced today that Neil D. Steinberg, currently chairman and CEO of Fleet Bank–Rhode Island, has been appointed vice president for development and campaign director at the University. Steinberg will begin his duties at Brown on Aug. 23, 2004.


As the University’s chief development officer, Steinberg will be responsible for the planning, managing and operating of all fund-raising programs, including the annual fund, planned giving and major gifts. As director of the University’s next comprehensive campaign, he will provide day-to-day leadership for a broad-based effort to ensure a higher level of sustained financial support for the University’s Plan for Academic Enrichment, a far-reaching strategic effort to expand the faculty, build new academic infrastructure and strengthen its research programs.

“During nearly three decades since he graduated from Brown, Neil Steinberg has built a career based on creativity, solid accomplishment, executive vision and extraordinary energy,” Simmons said. “His professional experience with large, complex enterprises and his hands-on approach to government, community and University service will add great strength to our fund-raising effort at Brown.”

“The Plan for Academic Enrichment sets out a clear and ambitious agenda for Brown and gives our work in advancement a strong focus, a large scale and a sense of urgency,” said Ronald Vanden Dorpel, senior vice president for advancement, to whom Steinberg will report. “Neil Steinberg is more than equal to the challenges. We are glad that this loyal and committed alumnus is joining the senior staff.”

Steinberg earned a bachelor of arts at Brown in 1975, completing a dual concentration in applied mathematics and sociology. Immediately after graduation, he began his career as an assistant branch manager at Fleet National Bank – Industrial National Bank at the time – and rose to vice president and manager of the New York Loan Production Office in 1981.

In 1990, after six years as a partner in a Rhode Island-based investment banking firm, Steinberg returned to Fleet as senior vice president. He was promoted to executive vice president in 1996, leading Fleet’s successful acquisition of Summit Bank. Steinberg was named president of Fleet Bank-Rhode Island in 2001 and chairman/CEO in 2003, providing executive leadership to a banking operation serving Rhode Island and southeastern Massachusetts.

Steinberg also brings to Brown a strong record of community involvement. He is chair-elect of the Greater Providence Chamber of Commerce and serves as a director of the Rhode Island Public Expenditure Council, the Rhode Island Economic Policy Council, the Providence Foundation and the Urban League of Rhode Island, among many other professional affiliations. He is co-chair of the comprehensive campaign for the Providence Black Repertory Theatre and a member of the Brown University Civic Leadership Council. He was a member of the transition teams for Gov. Donald Carcieri and Mayor David Cicilline.

“I am excited about working with President Simmons, members of the Brown Corporation, the faculty, alumni, students and my new colleagues to help implement the Plan for Academic Enrichment,” Steinberg said. “I look forward to being part of the team that achieves the fundraising goals that will move forward this bold and ambitious agenda for Brown’s future.”


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