The Smith Family Newsletter

"The home is the basis of a righteous life, and no other instrumentality can take its place, nor fulfill its essential functions." - David O. McKay

Thursday, January 18, 2007

Goldman Sachs and Me

Below is the text from an email sent out to colleagues at Goldman Sachs about Dad's retirement:

I want to let you know that after almost twenty-eight years of service at Goldman Sachs, Kim Smith has decided to retire from the firm. Kim is exploring some interesting opportunities including the possibility of joining the faculty of a business school. To allow us time to find his replacement and to ensure a smooth transition, Kim has agreed to remain in his current Goldman Sachs University (GSU) role until the end of March.

After receiving his MBA in 1979, Kim joined Goldman Sachs to market financial futures in the fledgling Futures Services Department within the Equities Division. He became a Vice President of the firm in 1984. Subsequently, he received a succession of sales and management assignments in the Fixed Income, Currency & Commodities Division's (FICC) interest rate derivatives business in both NYC and Tokyo. In 1995, he was named head of FICC's recruiting and new hire training. Then in 2000, he and Stuart Leigh became partners in the creation and build-out of FICC's continuing education and client education programs; moving to the Human Capital Management Division (HCM) in 2001 and adding the Equities Division in 2003. Last year Kim moved to to his current role as GSU manager for Markets & Products training and GSU manager for HCM.

Please join me in thanking Kim for his many contributions to the firm and GSU over the years, and wishing him success in his new endeavors. We'll miss his many talents, his deep knowledge of the firm and it's people, and his great sense of humor. For those in the US - look out for an invitation to a farewell party!

Regards, Carol Pledger (Dad's manager)

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