
Steven Saperstein
Advisory Council Member
Steven Saperstein is currently the President of Linvale Consulting, LLC where he has assisted a large global investment management firm on a business transformation project as an external steering committee member. Before this current project Steve retired (2020) as the Chief Operating Officer of PGIM Fixed Income where he served as the Chief Operating Officer (COO) for over 20 years. As COO he managed Operations, Technology, Securities Lending, Finance and Business Management. PGIM Fixed Income is an investment manager with over $900 billion. Steve served in many governance roles during his tenure including the Chairman of Prudential Trust Company which manages over $50 billion. Before assuming the role of COO, he held several other roles at Prudential Financial including the Controller of Prudential Individual Insurance and Prudential Real Estate Investors. He spent several years in Corporate Tax and other Finance Functions at Prudential Financial, which he joined in 1984 shortly after receiving a bachelor’s degree in Industrial Administration from NJIT. He also holds a master’s degree in Business Administration from Rutgers University.
In addition to his corporate accomplishments, Steve has been a dedicated alumnus of NJIT. Steve mentors many Alumni and Students of NJIT. He serves as a member of the NJIT Board of Directors of the Foundation, where he Chairs the Foundation. Previously, he Chaired the Foundation’s Investment Committee, and is a former President and Vice President of the Alumni Association of NJIT. In 2012, Saperstein received the Edward F. Weston Medal, which is presented to alumni in recognition of outstanding personal, professional and civic achievement and commitment to the development of the university, and in 2015 he received the Alumni Association’s Distinguished Alumni Achievement Award. Steve also was a dedicated Board member to the JCC of Somerset and Hunterdon County NJ for many years. Steve currently resides in Newtown, PA with his wife Alison.
