Web Exclusives: Alumni Spotlight
|Kim Goodwin '81 was number 45 on Boston
Magazine's list of the 100 most influential women.
Ignoring the naysayers
Kim Goodwin '81 makes her mark in finance
Though her family prized education, Kim Goodwin '81 knew that carrying
books home from elementary school in her Cleveland neighborhood
was a surefire way to attract bullying. So she did homework in class,
making every minute count.
When she reached ninth grade, her mother took out a loan to pay
for private school. There, studying was encouraged, but young black
women were not. "There were few minorities," Goodwin says,
and "lots of preconceived notions."
They didn't stand a chance against Goodwin's will to succeed.
Today, the teacher who discouraged Goodwin from taking calculus
can watch her on TV sharing her savvy as a panelist on Louis Rukeyser's
Wall Street. Goodwin is managing director and chief investment officer
for equities, overseeing 55 professionals and nearly $40 billion,
at State Street Research & Management, a Boston mutual fund
She rose to the top of a profession unaccustomed to smart, ambitious
women by putting in 12-hour days and embracing every opportunity.
"There are certain situations where, if I had listened to the
naysayers, I might have ended up doing something completely different,"
says Goodwin, who majored in politics at Princeton and earned an
M.B.A. and master's in public affairs from the University of Texas,
Starting as an analyst at Mellon Bank, she was rewarded for her
knack for analyzing numbers and choosing stocks, and quickly became
a portfolio manager. She then became a vice president at Prudential
and later a senior vice president at Putnam Investments, managing
increasingly larger funds. She was the highest-ranking female investment
executive at American Century Investments before leaving for State
Her schedule is demanding, often restricting "family time"
with her large extended family to e-mails and phone calls, but Goodwin,
who is married to Jose Figueroa '81, has adapted because she believes
fervently in her work's value. "Investing other people's money
is a huge responsibility. It's their retirement fund, their kid's
going-to-college money. Being entrusted with that is a real motivating
By Regina Diverio
Regina Diverio is a writer, editor, and researcher from Andover,