Wong ’89 Earns Goldman Sachs Award – Hobart and William Smith Colleges \
The HWS Update

Wong ’89 Earns Goldman Sachs Award

Stephen Wong ’89, a long-time senior executive at Goldman Sachs, is recognized for ethics, professionalism, leadership and mentorship with the company’s prestigious John L. Weinberg Award.

Stephen Wong ’89 — who serves as chairman of investment banking for Hong Kong at Goldman Sachs, and head of the firm’s real estate group for Asia Pacific ex Japan — is the recipient of the prestigious John L. Weinberg Award. In December, Wong was chosen by a select committee of Goldman Sachs senior bankers, marking the first time in nearly a decade that the firm has given the honor.

Established in 1990, the Weinberg Award recognizes the person within the Goldman Sachs global investment banking division who most exemplifies the firm’s business principles and standards.

As the award citation notes, Wong’s “coverage of clients is unparalleled between local and international companies and traditional industries which have been instrumental in developing a very successful franchise across regions and products and positioning the firm with global clients. Stephen is a true culture carrier and mentor to countless professionals. He is a core and active member of our diversity and career growth councils in Asia Ex-Japan. He has been central to the regional revamp of the region’s formal mentoring program including hosting a number of mentoring training sessions, as well as being very engaged in the recruiting and training of our junior population each and every year. He leads by example and personifies the very best of the Goldman Sachs culture.”

Wong, who joined the firm in 2005, says that receiving the Weinberg Award is “the high point of my humble career.”

The award’s namesake, the former chairman of Goldman Sachs’ management committee, John L. Weinberg, spent 40 years at the firm (1950 to 1990). Following in the footsteps of his father Sidney, who previously headed Goldman Sachs, John L. Weinberg “formed and cemented the foundations of the firm’s business principles and character,” says Wong. “It’s an enormous honor and a privilege to be the recipient of an award named for a man whose unwavering commitment to clients, innate modesty and humility, and candid leadership style helped forged some of the firm’s most important and enduring client relationships in the 1950s, 60s, and 70s.”

Wong, who has worked in finance for more than two decades, holds a B.A. in economics from Hobart and William Smith and a J.D. from Stanford Law School.  He joined Goldman Sachs in 2005 as an executive director in equity capital markets in Hong Kong and moved to the investment banking division in 2006. He served as head of Hong Kong investment banking coverage from 2011 to 2014. He was named managing director in 2007. Previously he was an executive director and chief of staff of the Global Capital Markets Group at Morgan Stanley in Hong Kong.

A life-long collector and one of the world’s foremost authorities on baseball history and its artifacts, Wong is the author of Smithsonian Baseball: Inside the World’s Finest Private Collections (2005) and Game Worn: Baseball Treasures from the Game’s Greatest Heroes and Moments (2016). He is also a senior honorary advisor and major lender to “Baseball: America’s Home Run,” the Smithsonian Institution’s blockbuster exhibition of the history and artifacts of the national pastime, scheduled to open this fall at the Smithsonian National Postal Museum in Washington D.C.

About John L. Weinberg

Weinberg joined Goldman Sachs in 1950 after serving overseas as a second lieutenant with the US Marine Corps in World War II — an experience that shaped his character and instilled in him strong leadership and teamwork skills. While still a teenager, he led Marine Corps troops in the Pacific and later served as a captain during the Korean War. A graduate of Deerfield Academy, Princeton University, and Harvard Business School, Weinberg was named partner in 1956 and  ran the firm as senior partner from 1976 to 1990. Outside of Goldman Sachs, Weinberg served on numerous corporate boards, including Kraft, Seagrams, Knight-Ridder, Providian Financial Corporation and E. I. du Pont de Nemours and Company. His passion for effective corporate oversight is embodied in the John L. Weinberg Center for Corporate Governance at the University of Delaware. In the philanthropic world, Weinberg served as a director of the DeWitt Wallace Fund for Memorial Sloan-Kettering Cancer Center, a trustee of New York-Presbyterian Hospital and trustee emeritus of Princeton University and Deerfield Academy. He died in 2006 at the age of 81.