Norman
Steisel is a talented senior executive with extensive
private and public sector experience. Mr. Steisel’s
skills and management style have been honed in the rough
and tumble arena of city government. Best known as savvy,
results-oriented manager and leader; Norman Steisel
served as First Deputy Mayor of New York City directing
a $2 billion down-sizing of government during the recession
of the early 1990’s while at the same time implementing
innovative environmental, healthcare and crime reduction
programs. Norman Steisel also served as Commissioner
of Sanitation in New York City from 1979 to 1986 - -
the longest serving official in the 20th century. Mr.
Steisel’s reign as Sanitation Commissioner was marked
by bold innovative decisions that succeeded in energizing
the Sanitation Department while saving New York City
millions of dollars. In recent years, Mr. Steisel has
managed the financial turn-arounds of a regional US
stock exchange, a primary healthcare provider and an
environmental technology firm; he has also been a successful
investment banker.
Norman Steisel Investment
Banker
Mr. Steisel left city government in 1986 to join the
investment banking firm Lazard Freres & Company where
he was responsible for the firm’s environmental corporate
and municipal project financing activities, financing
transactions of more than $2.0 billion. He served as
an advisor to several municipalities and counties and
to a number of the world’s leading waste disposal, water
treatment, hazardous waste remediation and air pollution
control firms providing assistance with merger and acquisition
activities, recapitalizations, and debt issuance.
Norman Steisel Deputy Mayor
of NYC
Norman Steisel returned to city government from 1990-1994
when he was named First Deputy Mayor of the City of
New York. In this capacity he was the CEO of the city
government responsible for day-to-day management of
all governmental operations, and the oversight of a
$30 billion annual operating budget and a four-year
$20 billion capital program. He was responsible for
streamlining operations and systems that resulted in
annual budget reductions of $2.0 billion. In addition,
Mr. Steisel reversed the decade-long trend of local
taxes consuming an increasing share of Gross City Product
(“GCP”). Mr. Steisel directed the out-sourcing of numerous
governmental functions: fleet procurement, vehicle and
facility maintenance and treasury functions. He oversaw
the city’s emergency coordinated response activities,
supervising in that role the response to the 1993 terrorist
attack on the World Trade Center.
Norman Steisel Consultant
From 1994 to 2003, Mr. Steisel was President and founder
of EnEssCo Strategies, Inc., a firm providing management
and consulting services to senior level executives of
firms and industries in government-regulated sectors
undertaking strategic, operational and financial transitional
activities. EnEssCo has been engaged to develop and
implement strategic marketing and financial plans for:
the American subsidiary of the world’s leading water/waste
water treatment firm, a leading start-up bio-tech firm
attempting to exploit pharmaceutical and environmental
application of its proprietary technology, a leading
outsourcing services provider to implement a pharmaceutical
and medical material supply chain management subsidiary,
and a leading vendor of advanced wireless voice and
data telecommunications technologies with licensing
and deployment of their services in municipal facilities.
EnEssCo Strategies is currently pursuing a wide variety
of “green” projects for governments and industry.
Norman Steisel at PHLX
Mr. Steisel is the Executive Vice President, Chief Operating
Officer of the Philadelphia Stock Exchange. Mr. Steisel
was a key member of the exchange’s strategic management
team participating in analyzing opportunities and direct
negotiations with several entities interested in purchasing
the exchange which was ultimately sold to NASDAQ OMX
for $652 million, a thirty-fold increase in 2005 enterprise
value. He is currently coordinating PHLX involvement
in transition planning and integration activities with
NASDAQ OMX.
Resume
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