Philip B. Smith ’58

Phil died on Jan. 29, 2016, in Delray Beach, Fla. He entered Princeton from Trinity-Pawling School. A chemical engineering major, Phil rowed on the freshman crew, played rugby, and was a member of Cottage Club. His senior-year roommates were Chris Brookfield, Harry Rulon-Miller, Guy Pope, Allan Rodgers, and Paul Hicks.
After a tour in the Navy and receiving an MBA from Harvard, Phil began a very successful career on Wall Street. He founded Citicorp Venture Capital in 1967 and served as its first president and CEO until 1972. He continued his career at Irving Trust (now Bank of New York) as executive vice president and group executive of the World Wide Corporate Group. In addition, he was a managing director of the Merchant Banking Group of Prudential Securities and vice chairman and co-founder of Spencer Trask Securities. Phil trained a generation of venture-capitalists as an adjunct professor, teaching a venture-capital course at the Graduate School of Business at Columbia University.
Phil is survived by his wife of 55 years, Linda; daughters Susan Pettenati, Elizabeth Klein, and Alice Clark; and 10 grandchildren. His daughter, Eleanor Southworth, predeceased him. To them all, the class extends its most sincere condolences.
Paw in print

December 2025
Judge Michael Park ’98; shifts in DEI initiatives; a night at the new art museum.


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