Goldman Sachs 2013 Annual Report Download - page 240

238 Goldman Sachs 2013 Annual Report
Al Feld joined Goldman Sachs on July 10, 1933 as an office boy; he
was 18 years old. At the time, our firm was located at 30 Pine Street
and numbered 200 people, including five partners. Al attended night
school and earned a BS in accounting in 1936 and an MBA in 1939
from New York University. He joined our Research Department,
initially covering the mining industry and later the railroad industry.
In 1942, Al was called to serve in the U.S. Army in World War II. He
returned to the firm in 1948 to join our first retail securities sales group,
selling stocks and bonds to individual and institutional clients. In the
mid-1950s, when Goldman Sachs became the first firm on Wall Street
to set up a sales group dedicated to institutional investors, Al continued
to focus on individual clients, becoming part of what is now Private
Wealth Management.
In 2013, Al celebrated 74 years with Goldman Sachs.
During the course of almost three quarters of a century, Al witnessed
some of the most significant developments in our firm’s history,
including the codification of our Business Principles in 1979 and our
IPO in 1999. He was known as a Goldman Sachs culture carrier who
embodied the core values of our firm. He had a reputation for sound
client coverage, advising some of the firm’s most important clients. Al
loved Goldman Sachs and gave tirelessly to supporting our people. He
mentored new generations reminding them of the great leaders who
built this firm and the responsibility of all of us who walk in their
shadows to continue to work with integrity, in a spirit of teamwork for
the good of our clients and shareholders.
We are deeply grateful to this gentle man who
gave so much to Goldman Sachs.
He will be missed.
In Memoriam
ALFRED FELD
1915–2013
LONGEST-SERVING E MPLOYEE OF
GOLDMAN SACHS
1933–1942, 1948–2013