Prior to co-founding Simmons Goodspeed Investment Management in 2006, Roger Goodspeed served in various roles at Lehman Brothers Inc., a major investment banking firm, for over 31 years. He joined Lehman Brothers in 1974 and became a Managing Director in 1984. During his tenure at Lehman Brothers he served as a Sector Head, with senior management responsibility for several investment banking groups, including Utilities, Telecommunications, Energy, Healthcare, Transportation, and Project Finance, and as the Chief Administrative Officer of the Mergers and Acquisitions Department. He was also a member of the Operating Committee of the Investment Banking Division.
In 1994 Mr. Goodspeed became the first Chairman of Citizens Lehman Power, an electric power marketing joint venture 50% owned by Lehman Brothers, and continued in that role until the joint venture was sold in 1997 and changed its name to Citizens Power LLC. He served on the Board of Directors of Citizens Power from 1997 until 2000 and on the Board of Directors of Peabody Energy (NYSE: BTU), which acquired Citizens Power, from 1998 until 2003. He currently serves on the Board of Directors of Sylvan Source and eLOT, Inc.
Mr. Goodspeed received a BS in Mechanical Engineering with Honors from the California Institute of Technology (Caltech) in 1972 and his MBA from UCLA’s Anderson School of Management, where he was awarded a Carter Fellowship, in 1974. He has served in the past as a member of the Board of Directors and the Executive Committee of the Caltech Associates and as a member of the Board of Directors of the Caltech Alumni Association, and he remains a Lifetime Member of each organization.