Mr. Weisel has served on the boards of NASDAQ, Stanford Endowment Management, Harvard Business School Advisory, the New York Museum of Modern Art and the San Francisco Museum of Modern Art.
Thomas Weisel is an entrepreneur, business builder and philanthropist. He has formed two companies: Montgomery Securities and Thomas Weisel Partners, which, over the course of 37 years, helped define the landscape of Silicon Valley.
Mr. Weisel grew Montgomery Securities into a $700 million revenue company. Montgomery Securities was known for identifying, researching and financing growth companies. The firm helped grow as well as manage many IPOs for many significant growth companies in Technology, Healthcare, Consumer, and Financial Services including: Amgen, Glyco Med, JDS Uniphase, Micron Technologies, Yahoo, Stratacom, Staples and Lonestar Steakhouse and Saloon.
Montgomery’s distinctive competences were its thought leadership, unique ability to make its institutional clients money, the ability to attract the best in class personnel, magnetic growth conferences, and athletic cache.
In 1997, Montgomery Securities was sold to Nations Bank/Bank of America.
In 1999, Mr. Weisel launched Thomas Weisel Partners (TWP), which was backed by several leading venture capital firms in Silicon Valley. In its first full year of operation, TWP produced roughly $500 million in revenue, making it the fastest startup in the history of the financial service industry. Mr. Weisel was named Investment Banker of the Year by Investment Dealers’ Digest in 2000. Mr. Weisel was named Executive of the Year by the SF Business Times in 1999. He was awarded the Woodrow Wilson Award for Corporate Citizenship in 2002.
In 2010, Thomas Weisel Partners was sold to Stifel Financial Company. Mr. Weisel is currently Co-Chairman of Stifel Financial, a $3.5 billion revenue company with a $4 billion market cap. As part of their curriculum, Harvard Business School and Yale School of Management have each published case studies and taught classes on Thomas Weisel Partners (2000-2007).
Mr. Weisel has spoken at Harvard Business School Forum for Entrepreneurship. Mr. Weisel received the Lifetime Achievement Award in 2006 from the National Venture Capital Association. He was a board member of NASDAQ from 2002-2006. In addition, he was on the Advisory Board of Harvard Business School (HBS) from 2007-2009.
Thomas Weisel has been passionate about competitive sports since his youth, both as a participant and later in leadership roles for skiing and cycling.
Accomplishments in Sport
|1955-59||Five-time US National Junior Champion in Speed Skating|
|1959||Third in US Olympic Trials for 500 meter in Speed Skating|
|1977||Joins US Ski Team Educational Foundation Board|
|1982||Third overall in US National Master Alpine Championship|
|1983||Becomes President of USSEF|
|1985||Start Montgomery Cycling Team|
|1988||Plays key role in consolidation of US Ski Team with US Ski Association|
|1989||Wins 2 Gold Medals in Cycling Kilo & Sprint in World Master Games in Finland
/ Sets US National Age Record for 1k in Cycling
|1990||Wins 2 Gold Medals in US National Masters Cycling in Criterion & Sprint|
|1991||Wins 3 Gold Medals in US National Masters Cycling Criterion, Sprint & Kilo /
Wins Gold in World Cup Masters Cycling in Kilo
|1991||Named Masters Athlete of the Year for US Cycling
|1994||Steps down as US Ski Association President, but retains role as one of team's strongest supporters|
|1999||Receives the United States Ski Association Julius Blegen Award, its highest honor|
|2000||Forms US Cycling Foundation & Champions Club & reorganizes US Cycling entire governance & joins new US Cycling Board|
|2001||Established the San Francisco Grand Prix Cycling race which 400,000 spectators attended|
|2009||USSA unveils its Center of Excellence National Training & Educational Facility, named Weisel as one of its most influential leaders
|2010||US Ski and Snowboard Team wins a record 21 medals at the Vancouver Olympics|
|2011||Receives the USOC's prestigious George Steinbrenner Award for outstanding
contributions to sport through management and sport organization endeavors
|2014||US athletes win 17 medals, including a record 8 gold medals, at Sochi Olympics, Weisel tenth as a top supporter|
|2017||USSA trustees endow the Head Men's Alpine coaching position in Weisel's name|
|2018||Inducted in US Ski Hall of Fame|
Mr. Weisel has been on the US Ski and Snowboard Team Board since 1977 and was the Chairman from 1983-1994. During his tenure he reorganized the national governing body of skiing by merging the United States Ski Association with the US Ski Team, revamping its governance, board structure, and funding. He is responsible for attracting many of the current board members who serve today. Since then, the US Ski Team has captured more Olympic medals than any other nation. Mr. Weisel was awarded the Belgen Award in 1999 by the US Ski Team for his contributions to the sport. Mr. Weisel was also inducted into the USSA Hall of Fame in April of 2018.
Mr. Weisel is the Founder of the US Cycling Foundation, has been a member of the Board since 2000, and is the board’s current Chairman. He reorganized the US Cycling Federation board on which he served for a year. He changed the size and composition of the board, reorganized its governance, strategic planning, and funding model.
Over the course of the last 20 years, annual revenue for US Cycling has gone from $ 5.5 million to $15 million, memberships have grown from 30,000 to 54,000, and member clubs have increased from 1,100 to 2,200.
With regard to Lance Armstrong’s doping and the litigation surrounding this matter, Mr. Weisel testified under oath that he did not know about Armstrong’s doping activities. Not one of these athletes who has recently admitted to doping – in the books they have authorized, in interviews, in affidavits they have submitted to the United States Anti-Doping Agency, or in testimony they have given – has ever said that Armstrong ever discussed doping with Mr. Weisel, let alone that Mr. Weisel encouraged or condoned doping by US Postal Service team members. After a two-year-plus investigation into the allegations in a whistleblower lawsuit filed on behalf of the United States by Floyd Landis against Armstrong, the team’s coach, Johann Bruyneel, Mr. Armstrong’s business managers, and Mr. Weisel, the Department of Justice declined to intervene in the case against Mr. Weisel. Mr. Weisel then moved to dismiss all of Landis’s claims against him and, in 2014, the court granted Mr. Weisel’s motion and dismissed the claims against Mr. Weisel.
For his efforts in skiing and cycling, Mr. Weisel was awarded the Olympic Foundation Steinbrenner Award in 2011.
In 2017, U.S. Ski & Snowboard created an endowed coaching chair position
The Thomas Weisel Head Alpine Coach Endowment was generously funded and created by several Trustees to commemorate his contributions to the sport.
Thom Weisel’s four decades of support has been instrumental in US Ski & Snowboard athletes winning 93 Olympic medals. Thank you, Thom, and congratulations on becoming an honored member of the Hall of Fame.
-United States Ski & Snowboard Association
As a high-finance banker with an elite athletic background, Thom Weisel’s passion, vision and fundraising lifted US skiing efforts to their highest level.
-US Ski Hall of Fame
Mr. Weisel serves on the board of the San Francisco Museum of Modern Art (SFMOMA). He is currently Chairman of the Committee on Trustees, a post he has held for seven years. Mr. Weisel is also on the SFMOMA Executive Committee and the Tech Committee. Mr. Weisel also served on the Board of Trustees of the New York Museum of Modern Art (NYMOMA) from 1996 to 2011.
Mr. Weisel has gifted or promised numerous art pieces to the SFMOMA and NYMOMA from his personal collection including works by Mark Grotjahn, Wayne Thiebaud, Joan Brown, Richard Serra, Andreas Gursky, Mark Bradford, Nathan Oliveira and others.
In 2014, Mr. Weisel donated approximately 200 pieces of art from his Native American collection to the de Young Fine Arts Museum in San Francisco and established a research grant to enhance the study, appreciation, or presentation of Native American Art.
Mr. Weisel established The Thomas Weisel Family Art Foundation to oversee the various gifts and endowments he has made in order to ensure they are maintained by the museum in a manner consistent with the original gift agreement and its charitable intent. Thomas Weisel and his family have established substantial relationships with the San Francisco Museum of Modern Art and the de Young Museum of Fine Arts. The Foundation intends to continue to support these institutions.