A graduate of the University of Texas at Austin, Ronald G. Steinhart earned a BBA in accounting in 1962 and a MBA in finance the following year. While at the University, he served as Vice President of the UT Student Body and was a member of the Texas Cowboys, Friar Society, and Phi Sigma Delta.
Steinhart is a Certified Public Accountant (retired status) and presently serves as a Director of Penske Automotive Group, Inc. (NYSE: PAG). He previously served as a Director of eight other public companies and a Trustee of the MFS/Compass Group of mutual funds.
Steinhart was active in the Dallas financial community for more than 37 years. Between 1969 and 1980, he organized investors to charter or purchase six banks. Steinhart then joined the senior management of InterFirst Corporation in 1980 and became President a year later. In 1988, he led a group of investors that established Team Bank with private equity funds totaling $275 million. In November 1992, Team Bank, having grown to over $5.5 billion in assets, merged with Bank One Texas. Steinhart was subsequently appointed CEO of the Bank One Corporation Commercial Banking Group and a member of the Management Committee until his retirement in January 2000.
Steinhart has held leadership positions in civic and banking industry groups on the local, state and national levels. He is currently Treasurer and a Trustee of Dallas Medical Resource, Secretary/Treasurer and a Director of the Dallas Citizens Council, and a Director of the Dallas Education Foundation, Baylor Healthcare System Foundation, UT Southwestern President’s Advisory Board, and the Dallas Holocaust and Human Rights Museum and serving as Co-Chairman of its $71 million new building campaign.
Steinhart is active at the University of Texas at Austin as a Lifetime Advisory Board Member of the McCombs School of Business, Past Chairman of the Development Board, and having served as Chairman of its $1.3 billion “We’re Texas” Capital Campaign, and a member of the Executive Committee of the Chancellor’s Council of the University of Texas System. He also has been an active member of Temple Emanu-El where he served as an officer, member of the Board of Trustees and Executive Committee, Co-Chairman of its Building and Endowment Campaigns, and President of its Foundation.
In the past, Steinhart has served as Chairman of the Dallas Citizens Council, Chairman of the Board of Trustees of the Teacher Retirement System of Texas, Chairman of the Housing Authority of the City of Dallas, President of the Dallas Assembly, President of The 500, Inc., Chairman of the United Way of Metropolitan Dallas, President of the Federal Advisory Council of the Federal Reserve System, Chairman of the White House Fellows Regional Panel, founding Chairman of the Diabetes Health and Wellness Institute, Vice Chairman of the Greater Dallas Chamber of Commerce, and Regent of the Lamar University System. He was a founding Director of the Dallas Center for the Performing Arts, Director of the United States Holocaust Memorial Museum, and a member of the Texas Tax Reform Commission and the Texas Select Committee on Public School Accountability.
Steinhart has received the Linz Award for community service, the J. Erik Jonsson Award for Volunteerism from the United Way of Metropolitan Dallas, both the Outstanding Young Texas Ex Award and the Distinguished Alumnus Award from the University of Texas Ex-Students’ Association, the Silver Beaver Award from the Boy Scouts of America, the J. Erik Jonsson Ethics Award from Southern Methodist University, the Outstanding Director Lifetime Achievement Award from the Dallas Business Journal and the National Association of Corporate Directors, the Superintendent’s Award from the Dallas Independent School District, and the Downtown Renaissance Award from Neiman Marcus. He was also inducted into the Dallas Business Hall of Fame and the McCombs School of Business Hall of Fame.
He and his wife, Phyllis, have three sons and five grandchildren.