Mr Steiger has won widespread recognition and many awards for his achievements in journalism, including the first American Society of Newspaper Editors' Leadership Award; the 2002 Gerald Loeb Award for lifetime achievement from UCLA; the 2002 Columbia Journalism Award from the Columbia University School of Journalism; a Poynter Fellowship at Yale University in 2001-2002; and the 2001 George Beveridge Editor of the Year Award from the The National Press Foundation. In all he has won three Gerald Loeb Awards and two John Hancock awards for his economics and business coverage. In 1999 he was elected to the Pulitzer Prize board.
Mr. Steiger joined the Wall Street Journal in 1966 as a reporter in the San Francisco bureau. In 1968, he moved to the Los Angeles Times as a staff writer and in 1971 transferred to that paper's Washington, D.C., bureau as an economic correspondent. He returned to Los Angeles in 1978 to serve as the Times' business editor.
In 1983, Mr. Steiger rejoined the Journal as an assistant managing editor in New York and became deputy managing editor in April 1985. He was appointed managing editor in June 1991 and became a vice president of the Journal in May 1992. Under his leadership, The Wall Street Journal's reporters and editors have won ten Pulitzer Prizes in ten years, including this year's Prize for breaking news reporting and Prizes for international reporting two of the last four years and national reporting four out of the last eight years. The editors of the European and Asian Journals began reporting to him in July 2002.