Mr. Westly is the Founder & Managing Partner of The Westly Group. He and his partners have built one of the larger sustainability venture firms in the US, with over $600 million under management. The Westly Group focuses on capital-efficient, high-growth companies in the energy, mobility, and smart building sectors. The firm has 22 of the larger, global energy, transportation, building, insurance, water, and mobility companies as investors. The firm has invested in 35+ portfolio companies, 9 of which have gone public on NASDAQ, including Tesla Motors, where Mr. Westly served on the board. Prior to founding The Westly Group, Steve Westly served as the Controller and Chief Fiscal Officer of the state of California – the world’s fifth largest economy. As Controller, he chaired the State Lands Commission. He served on 63 other boards and commissions, including CalPERS and CalSTRS, the nation’s two largest public pension funds, which invest more than $700 billion together.
In the 2008 election cycle, Steve served as a California co-chair for the Obama for America campaign. He also served on the Secretary of Energy’s Advisory Board as a representative for the venture capital industry.Before running for office, Steve helped guide the online auction company eBay through its period of most rapid growth, serving as the Senior Vice President of Marketing, Business Development, M&A, and International. Steve helped bring eBay to Europe and Asia and developed the marketing and acquisition strategies that paved the path for the firm’s exponential growth. Steve helped take eBay public in 1998. Steve also served as an executive at several other technology firms, including Netcom, WhoWhere?, Bridgemere Capital, and SPRINT.Steve began his career in Washington, DC, where he worked first on Capitol Hill and later in the Office of Conservation and Solar at the US Department of Energy. Steve returned to California to become special assistant to the President of the California Public Utilities Commission. While there, he published two books on alternative energy and utilities.Steve holds a BA from Stanford University and an MBA from Stanford’s Graduate School of Business, where he served as a lecturer for eight years. He currently lectures a course called “The Technology, Politics, and Finance for Solving Global Warming.”