Stephen John Powers ’71
Steve died Aug. 17, 2001, at Mass. General Hospital in Boston. He was 52.
Steve prepared for Princeton at Lake Forest HS outside Chicago. At Princeton, Steve majored in politics, rowed on the freshman heavyweight crew, and was president of Cannon Club.
Following Princeton, Steve earned his master's in politics at U.C. Santa Barbara. Upon graduation, he entered Bankers Trust's training program in NYC and became a commercial lending officer. In 1978 Steve was a founding senior manager of Bankers Trust Investment and Merchant Banking Dept., eventually becoming its co-head. In 1988, Steve started his own investment banking firm, Cronus Partners, Inc. Steve's concentration was in the health-care field.
Steve was a staunch supporter of Princeton and the Class of '71. Under Steve's stewardship, '71's 25th-reunion year was an outstanding success, generating more than $2 million for AG and setting an attendance record for the 25th reunion weekend. Steve's outrageous sense of humor, enthusiasm, and overall joy for life will be missed by all of his classmates.
Steve is survived by his wife, Michelle Pedon Powers, his daughter, Anne, his son, Jay, his mother, Charlene, sister Karen and brother Scott. The class extends its deepest sympathy to the family.
The Class of 1971
Paw in print

December 2025
Judge Michael Park ’98; shifts in DEI initiatives; a night at the new art museum.


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