Since 2009 Steve Foley has been the High Performance Director for the USA Diving Team. He previously held the same position for ten years for the British Diving Team. Under his guidance, Great Britain earned its first Olympic diving medal in 44 years with a silver in men's synchronized platform in 2004. He was also responsible for the development of Thomas Daley, a rising star on the international diving scene.
Before that job, he was the Head Diving Coach for the Australian Institute of Sport for seven years. He was an assistant Olympic Team coach for Australia in 1988 and was head coach for Australia's 1992 Olympic Team. He was named the Australian Coach of the Year from 1985–1989. He also won Sports Australia Awards for both Athlete of the Year and Sporting Personality of the Year in 1986, as well as Coach of the Year in 1989.
He competed on the Australian Diving team for three Olympic Games in 1976, 1980 and 1984. He was the first Australian male diver to reach the finals in both springboard and platform at the Games in 1984.
Besides diving, Foley also enjoys golf and sports commentating.