Steve Grossman

As CEO of ICIC, Steve leads a dynamic and growing team of professionals dedicated to achieving economic prosperity in America’s under-resourced communities. Steve is focused on setting ICIC’s strategic direction, leading the organization through a period of rapid growth, and extending ICIC’s national visibility and brand. He directs ICIC’s efforts to secure new partners and drive private sector engagement and investment. Steve also serves on the Small Business Administration’s Council on Underserved Communities.

Prior to joining ICIC, Steve was elected Treasurer of Massachusetts in 2010 and served in that position from 2011 until 2015. One of his principal achievements was the creation of the Small Business Banking Partnership. This pioneering initiative was responsible for moving almost $400 million of state deposits into community banks that used these funds to make more than 10,000 loans with a value of over $1.6 billion, with a principal focus on businesses owned by women, minorities, immigrants, and veterans.

Before taking office, Steve served 35 years as President of Grossman Marketing Group, a fourth-generation marketing communications firm started by his grandfather. Steve has been an active leader in many civic, philanthropic, and political organizations. These positions include former board chair of Brandeis University, former national chairman of the Democratic National Committee, former president of the American Israel Public Affairs Committee (AIPAC), founding board member of MassInc, and life trustee of the Museum of Fine Arts.

Steve graduated from Princeton University and Harvard Business School where he was a Baker Scholar. He is married to Dr. Barbara Wallace Grossman, a theater historian and director, who is a professor in the Department of Theatre, Dance, and Performance Studies at Tufts University and formerly served as vice-chair of the Massachusetts Cultural Council. Steve and Barbara have three sons, David, Ben, and Josh, and eight grandchildren.