As a public servant, Stuart Eizenstat held several prominent roles over the course of two presidential administrations. He served as chief White House domestic policy adviser under President Jimmy Carter and later, under President Clinton, as U.S. ambassador to the European Union; under secretary of commerce for international trade; under secretary of state for economic, business and agricultural affairs; and deputy secretary of the Treasury. During the Clinton administration, he played a key role in developing international initiatives such as the Transatlantic Agenda with the European Union and the Transatlantic Business Dialogue with U.S. and European CEOs. In addition, he participated in negotiations for the Helms-Burton Act, the Iran and Libya Sanctions Act, and the Japan Port Agreement. Eizenstat also led the U.S. delegation for negotiating the Kyoto Protocol on global warming.
The Great Negotiator Award was presented to Stuart Eizenstat for his landmark efforts to reclaim property and acquire compensation for many victims of Nazi Germany. During six years of negotiations, he addressed issues relating to the millions of dollars in assets and property stolen from forced laborers, Jews, and others. His outstanding skill as a negotiator enabled him to secure $8 billion in reparations for Holocaust survivors.