Statement on Passing of Peter G. Peterson

Mar 20, 2018

NEW YORK — The Peter G. Peterson Foundation mourns the loss of its Founder and Chairman, Pete Peterson, who died of natural causes Tuesday morning, March 20, 2018, at his home in New York City at the age of 91.

Statement from the Peterson family:

“Peter G. Peterson was our beloved patriarch — husband, father, grandfather, uncle and brother. He lived a long, wonderful life that embodied the American Dream. As a first-generation American born in Kearney, Nebraska, Pete exceeded all of his expectations in becoming a successful businessman, statesman and philanthropist. His intelligence, wit and vision made him an inspirational leader who brought people together from the White House to Wall Street. For his entire career, and especially since the launch of his own foundation 10 years ago, Pete dedicated his time, energy, passion and resources to ensuring that future generations could have the same opportunities that were afforded to him. He will be sorely missed by all of us, and many others with whom he worked and enjoyed his valuable life.”

Statement from Michael A. Peterson, President and CEO of the Peterson Foundation:

“This is a truly sad day for our family and Foundation staff. We will all miss him dearly.

“My father established this Foundation ten years ago to solve the nation’s fiscal challenges and preserve the American Dream that he was so fortunate to have lived. He worked tirelessly and across party lines to build a sustainable fiscal foundation to support economic growth and widely-shared opportunity.

“One thing that is very clear is that he would want the important work of our Foundation to continue on. Pete’s life is an inspiration to all of us, and we will carry on his legacy with passion and pride.”

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