Jane Mack Gould of New York City and Southampton Dies September 10

Jane Mack Gould, whose business acumen expanded opportunities for women on Wall Street, passed away peacefully on September 10, 2022, in New York City.

A graduate ‘with distinction’ from the Harvard-Radcliffe Program in Business Administration in 1961, Ms. Gould began her career in finance as a research assistant at Smith Barney & Company, one of the few companies hiring women in research roles at that time. In 1965 she joined Donaldson, Lufkin & Jenrette (DLJ) as an oil industry analyst and advanced to become one of the first female portfolio managers on Wall Street. Later she served on the main board of directors of DLJ.

For most of her career Ms. Gould worked at Alliance Capital Management which originated as DLJ’s asset management arm. There she became a role model and mentor to numerous women . . . and men, many of whom credited her significant contribution to their advancement.

At Alliance she is remembered as a commanding and intelligent presence, demanding and receiving the best from her colleagues. Her work ethic, integrity, performance and fierce client loyalty were legendary.

Ms. Gould was a former trustee of the Institute of Chartered Financial Analysts, as well as a member of the original ERISA Board for Welfare and Pension Benefit Plans. She served on the Investment Policy Committee of the Smithsonian Institution as well as several corporate boards.

Born April 27, l938, in Washington, DC, Ms. Gould was raised in Bethesda, MD. She attended Mount Holyoke College before transferring to Duke University, where she graduated Phi Beta Kappa with a bachelor of arts in English in l960.

Ms. Gould was preceded in death by her parents, Mr. and Mrs. Charles J. Mack, her sister Judy Mack Magee and brother-in-law Harrison R. Magee, and her husband Stephen Hill Reynolds. She is survived by her niece, Susan Magee Kajfez (Matthew), grandnieces and grandnephews.

A long-time resident of both New York City and Southampton, New York, Ms. Gould provided substantial charitable support within her communities to a variety of causes. Notably she was an Honorary Trustee of myFace (The National Foundation for Facial Reconstruction) where she was also a major donor.