Lucchino and Steinberg built a successful history together with the Orioles, Padres and Red Sox, and will now continue their pursuit of finding a new ballpark for the PawSox.
A plan to move the team to Providence fell through in September.
"Working at Fenway Park, we have long admired the fans of Rhode Island," Steinberg said. "The opportunity to help enhance a warm, welcoming, positive experience for families, and especially children, is very attractive. The opportunity to help enhance the PawSox's community efforts is equally enticing.
"We know we have a staff of loyal, dedicated, knowledgeable people who have given their hearts and souls to the PawSox for years. We look forward to working with them, learning from them and building upon our shared experience."
Steinberg has been most renowned for his creativity in orchestrating some of the memorable ceremonies that have taken place at Fenway Park over the last decade-plus.
Mike Tamburro, who had been the president of Triple-A Pawtucket for two decades, will stay on as vice chairman.
Aside from Steinberg, Lucchino is also bringing two other co-workers from the Red Sox. Dan Rea III, Lucchino's special assistant in Boston, will serve as senior vice president and general manager of the PawSox. Jeff White, the financial advisor to the president and CEO for the Red Sox, will be the treasurer for Pawtucket.
"We are eager to bring several of our most experienced members of the Boston Red Sox to the Pawtucket Red Sox, and we are most pleased that Mike Tamburro will remain with the club," Lucchino said. "Charles and Dan have particular expertise in the fan experience and in community outreach, two essential components of the PawSox's operation. Both have experienced the rabid Rhode Island Red Sox passion, and both are eager to enhance the relationship between the fans and the club.
"Jeff White has spent more than two decades in baseball, including serving as CFO of Major League Baseball. He is a wealth of experience and expertise. Mike Tamburro provides the continuity that allows us to build on the legacy that he and Ben Mondor have created. Together, we all share a desire to preserve affordable family entertainment and to enhance the PawSox's philanthropy and active participation in the community."