Edward H. Kim

Edward H. Kim
Nationality American
Alma mater MIT
Occupation Stock market adviser
Employer IssuWorks
Title COO

Edward H. Kim is an American markets analyst. He has held executive and senior advisory positions with companies including Prudential Securities, PurchasePro.com, and Grant Thornton. He is a former senior vice-president for NASDAQ and is currently the COO of IssuWorks.[1]

Education and early career

Kim graduated from the Massachusetts Institute of Technology with a BS in Materials Science and Engineering. Following graduation, Kim initially worked an equity capital transactions analyst for Prudential-Bache Capital Funding and later as a research Robertson, Stephens & Company. He subsequently worked at Lehman Brothers and Hoenig & Co. on the equity trading desks. He later returned to Prudential Securities as a vice president of high technology investment banking. In that position he worked with IT and ecommerce companies on both public and private equity capital financings.[2][3]

PurchasePro.com

After Prudential, Kim worked for PurchasePro.com. There he was senior vice-president for corporate operations. In this position he was in charge of facility leasing, expenses, HR, and telecom.[3][4] Kim also helped to take the company public in 1999, when it was listed on the NASDAQ.[2][5] He held the position until 2001, after which he went on to work at NASDAQ himself.[6]

NASDAQ

In early 2002, Kim was hired by the NASDAQ exchange's corporate client group as a senior vice-president, overseeing new product development and business initiatives developed for listed companies.[7] He was hired in order to increase the competitiveness of the NASDAQ among exchanges, and expand the exchange's market share.[8]

Grant Thornton

Following his position at NASDAQ, Kim became a senior adviser in capital markets for Grant Thornton, issuing policy documents regarding IPOs and the development of the stock market in the US. The reports, co-authored with David Weild IV, cautioned the US markets against moving forward in the same direction it had since the 1990s. They instead called for changes in the legislation surrounding IPOs as well as changes in how companies handled their IPOs in order to keep the market evolving.[9][10] Kim said of reversing the decline IPOs had experienced in the mid-2000s that, "A vibrant IPO market in which companies of all sizes can raise capital efficiently and be supported in the public equity markets, is critical for the macroeconomy. It will not magically return without thoughtful, decisive action."[11] Kim also stated that small-cap IPOs had been disproportionately affected by the market,[12] and his work has been cited in the US Congress during debates regarding IPO reforms.[13]

IssuWorks and writing

Following this, he was one of the co-founders of IssuWorks.[14] Kim is currently the COO of the company.[15] Kim co-authored a chapter in the book Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor Confidence and Your Portfolio with David Weild in 2012.[16]

References

  1. ↑ "IssuWorks - Team". Retrieved 21 November 2014.
  2. 1 2 "Edward Kim Joins Nasdaq To Oversee New Product". Mondo Visione. February 13, 2002. Retrieved June 26, 2014.
  3. 1 2 "Position Keeping". Waters Technology. April 1, 2002. Retrieved June 26, 2014.
  4. ↑ "Fast Track". Traders. March 1, 2002. Retrieved June 26, 2014.
  5. ↑ Sandra Ward (April 8, 2002). "Bargain Shop". Barrons. Retrieved June 26, 2014.
  6. ↑ "Business briefs for June 29, 2001". Las Vegas Sun. June 29, 2001. Retrieved June 26, 2014.
  7. ↑ "Nasdaq Mulling ETFs on Composite.(Nasdaq Stock Market Inc.)". Securities Industry News. February 18, 2002. Retrieved June 26, 2014.
  8. ↑ Isabelle Clary (February 18, 2002). "Nasdaq Mulling ETFs on Composite". Securities Technology Monitor. Retrieved June 26, 2014.
  9. ↑ Ed Kim and David Weild. "A wake-up call for America" (PDF). Retrieved June 26, 2014.
  10. ↑ Gregory Bresiger (April 3, 2013). "Creating a Stronger Voice for the Buyside; New STANY President Patrick Armstrong Hopes for Comment Letters from More Than the Usual Suspects". Traders. Retrieved June 26, 2014.
  11. ↑ "Grant Thornton Brings Out White Paper on Decline of US IPO Market". October 13, 2009. Retrieved June 26, 2014.
  12. ↑ Jonathan Marino (October 25, 2010). "Targeting the Backlog". Mergers & Acquisitions Report. Retrieved June 26, 2014.
  13. ↑ Alexandra Zendrian (November 11, 2009). "No IPOs Means No Jobs". Forbes Magazine. Retrieved July 24, 2014.
  14. ↑ "Edward Kim, IssuWorks". Growth Capital Expo. Retrieved June 26, 2014.
  15. ↑ "Edward Kim - IssuWorks COO". Venture Deal. Retrieved June 26, 2014.
  16. ↑ Sal L. Arnuk and Joseph C. Saluzzi (2012). Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor Confidence and Your Portfolio. FT Press. p. 195. Retrieved July 8, 2014.
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