Peter Kiernan, III
CEO, Kiernan Ventures LLC
Chairman, TechHealth, Inc.
New York, NY 10022
Peter Kiernan is a leader in investment banking, philanthropy, media and new ventures. On Wall Street, he completed tens of billions of dollars in transactions, developing close relationships with major companies, CEO's and wealthy individuals, while a senior partner at Goldman Sachs. He currently serves as Chairman of four corporate boards and three charitable boards.
Peter has led and founded numerous philanthropies, spending his free-time helping less privileged fulfill their dreams. For example, as Chairman of the prominent Robin Hood Foundation for the last four years he has helped to "reshape the face of charity in New York City" as New York Magazine said in a feature story.
His work with disabled War Veterans on both sides led to his organization's Emmy Award winning documentary "Vietnam Long Time Coming." This extraordinary event was a bicycle trip spanning 1,200 miles through Vietnam. The Vietnam challenge was widely commended by everyone from President Clinton, to Cardinal O'Connor and by generals and soldiers on both sides of the conflict. Similarly, his work helping to found and develop the Christopher Reeve Paralysis Foundation has earned national accolades.
On the philanthropic front, Pete is Chairman of Robin Hood Foundation, Co-Chairman of World T.E.A.M. Sports, a founding Board Member of the Christopher Reeve Paralysis Foundation and of Denise Rich's G&P Foundation. He is also on the Board of Williams College. For ten years he served in numerous capacities including Chairman of St. Vincent's Hospital in Westchester. In these and other Boards, Peter has used his leadership, financial and motivational skills to ensure the viability and sustainability of the enterprise, and make the organizations' vision a reality.
During his career at Goldman Sachs, Pete had many firsts. Pete was Founder and Co-Head of the Communications Media and Entertainment group, a group he helped build to $600 million in annual revenues; he also co-led the new Investment Management Services Group which handles individuals worth $200 million or more, raising billions of dollars from some of the wealthiest families in the world; additionally he founded, chaired and built the Innovation, New Product and Marketing Committees. He also ran Recruiting for the past four years, overseeing the hiring of over 10,000 professionals.
A noteworthy element is that in each instance these new ventures were self-sustaining prior to his moving on to a new initiative. He was Chief of Staff during the largest reorganization in the history of Goldman's Investment Banking and Co-Chaired Strategic Planning during the two-year initiative. He was Chief Administrative Officer of Equity Capitals Markets when the organization tripled in size.
Early in his career he ran New England Banking for three years building dozens of new banking relationships and more than doubled revenues, all the while commuting from New York.
Peter was a frequent spokesperson for the firm, giving more than 100 speeches every year for the past five years. He has appeared on CNN and The Today Show. His views on banking, philanthropy and the media are frequently sought by the general and business press.
Peter has been involved in numerous start-ups. At 29, he was the youngest newspaper Publisher in America, having started MIS Week, a Capital Cities Newspaper. He currently serves as Chairman of the Board or Executive Committee of Legends and Heroes, Inc., TechHealth Inc. and THINKologies Inc. His investment company is Kiernan Ventures "Seed Capital For Higher Ground".
Peter is a graduate of Darden School at University of Virginia where he earned an MBA, was a Shermet Scholar and President of the school. At Williams he received a BA in 1975, graduated with highest honors, played hockey, wrote a novel, and was President of his social club.
He resides in Greenwich with his wife of 20 years, his three daughters and one son. As a hobby he is restoring Hammersmith Farm, a historic property in Rhode Island.