Steve Wellington
Chief Executive Officer
swellington@wellingtonmgt.com
Steve founded Wellington Management, Inc. (WMI) in 1984, and he remains among the most-admired CEOs in the Twin Cities. He comes from a background of city and community planning. Between 1976 and 1984, Steve worked for the City of St. Paul, first as an aide to Mayor George Latimer and then as Deputy Director for the City's Department of Planning and Economic Development. As a leading St. Paul development official, Steve was responsible for such major redevelopment projects as District Energy, Lowertown redevelopment and the establishment of the Family Housing Fund.
During the past 41 years, WMI has developed and/or acquired more than 115 commercial buildings in the Twin Cities. Wellington is currently the Twin Cities’ 10th largest property management company. The 3.5M SF commercial property portfolio is valued at $850M. WMI’s apartment portfolio of 1,236 units in nine buildings is valued at $230M.
Steve has been an active community volunteer and civic leader. From 1993 to 1999, he served by gubernatorial appointment on the Twin Cities Metropolitan Council. He was also a board member and board chair for Regions Hospital (2003-2012). He has been a leading advocate for affordable housing, most notably as a founder of the Beacon Interfaith Housing Collaborative, a non-profit established in 1999 with 600+ units now completed. Currently, Steve chairs the board of the Drake Bank and serves as a member of the Regions Hospital Foundation.