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Ward is chair of the board of the WCS and the Advisory Board of the Woods Institute for the Environment, Stanford University; and a member of the Council on Foreign Relations. Former positions include trustee of Stanford University; chairman of Stanford Management Company; governor and treasurer of The Nature Conservancy; and Vice-Chair of the Asia Society.

After graduating from Stanford University in 1964, he worked in the engineering construction business, then became a Managing Director and a Partner of Lehman Brothers. He moved to be a senior partner and member of the management committee of Lazard Freres & Company. During his career, Ward was also president and CEO of Bessemer Securities Corporation and Founding Partner of Bessemer Holdings, L.P.

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