Keith V. Smith

Date of Death: October 2, 2011

Keith V. Smith
Keith V. Smith died at 6:45 a.m. Sunday, October 2, 2011 at Westminster Village. He was born on 26 September 1937 in Birmingham, Alabama. His parents were Hubert and Pauline Smith. His family moved to Bryan, Ohio in 1950. He graduated from Bryan High School in 1955. He was valedictorian and president of his senior class.
He married Shirley Miller in June 1960. The marriage ended in divorce in 1984. He married Jane Jones in July 1991.
Smith was a member of First Presbyterian Church of Hollywood (1961-79), Covenant Presbyterian Church in West Lafayette (1979-03), and Second Presbyterian Church in Indianapolis (since 2003).
He received a BS in engineering physics (1960) and an MBA (1961) from The Ohio State University. While working as an operations research analyst for the Space and Information Systems Division of North American Aviation (1961-63), he did further graduate work in economics at the University of Southern California. Smith was an instructor of management at Purdue University where he completed a Ph.D. in finance (1966).
In 1966, he joined the faculty of the UCLA Graduate School of Management as an assistant professor of business economics and finance. Smith became an associate professor in 1969 and a full professor in 1973. He taught courses in corporate finance, investments, and non-profit management. Smith served as assistant dean of the doctoral program (1971-74) and as associate dean (1977-79). He taught in UCLA extension, the Pacific Coast Banking School, and as an occasional lecturer in accounting and finance for AMR International (1970-79).
Smith returned to Purdue in 1979 as dean of the Krannert School. In 1983, he returned to a full-time Krannert faculty position. At Purdue, he taught courses in accounting, economics, statistics, corporate finance, portfolio management, and security analysis. For six years, he was faculty coordinator for the popular speaker series, the Krannert Executive Forum. He was instrumental in developing the Student Managed Investment Fund at Purdue University. He also taught in a number of degree and non-degree executive education programs at Krannert/Purdue. In 2000, Smith was named as a distinguished alumnus by the College of Engineering at The Ohio State University.
Smith was the author/co-author of eight books. The latest book (co-authored with his wife Jane) was Strategies in Personal Finance: Basic Investment Principles for Today and Tomorrow, published in 2005 by the Purdue University Press. He published over seventy articles and chapters in professional journals and books on topics such as portfolio revision, option writing, performance evaluation, transportation systems effectiveness, dividend policy, conglomerate mergers, trust department profitability, real estate investments, activity-based costing, and financial planning. During his academic career, Smith served on the editorial review board of the Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Financial Research, and the Journal of Financial Planning
As well as serving as a corporate director, he was a consultant to numerous companies and financial institutions, with assignments in finance, investments, and strategic planning. He also had considerable experience in litigation consulting. Smith served as faculty associate of the Technical Assistance Program at Purdue University on a quarter-time basis (1986-99) providing, with his graduate students, free consulting services to over 300 small businesses in Indiana.
His community activities included service with the American Diabetes Association, Evelyn Brust Education Foundation, First Presbyterian Church of Hollywood, Fuller Theological Seminary, Lafayette Symphony Foundation, Long Center for the Performing Arts, Public Schools Foundation of Tippecanoe County, Rotary International, Sigma Phi Epsilon national fraternity, West Lafayette Economic Development Commission, Youth Leadership Development of America, and Westminster Village (Board and Foundation).
Smith?s hobbies included traveling, reading, classical music, duplicate bridge, racquetball, and spectator sports. As part of his wide network of friends, Smith was a co-founder and 40-year member of The Friday Morning Group, a Los Angeles-based Christian bible study and support activity.
He is survived by his wife Jane, two daughters: Jamie Ferency (husband Jon) of Carmel, Indiana, and Julie Harney (husband Doug) of Orlando, Florida, and a step-daughter: Amy Baker (husband Pat) of West Lafayette, Indiana. There are three grandchildren.
There will be a memorial service at Soller-Baker Lafayette Chapel, 400 Twyckenham Boulevard, Lafayette (765-474-1111) on October 15, 2011 at 2 p.m. with visitation at 1 p.m. Charitable contributions in Smith?s honor should be made to the Westminster Village Foundation, West Lafayette (765-463-7546).

Soller-Baker Funeral Homes, Inc.

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My family and I are so sorry to hear of our good friend, Keith&s, passing. He was instrumental to so many of our earliest and ongoing program successes at KEEP, the Krannert Executive Education Programs. I recall that the founding of our longstanding Engineering/Management program was the result of Keith reaching out to his Engineering buddy, Chuck Elliott, over lunchtime exercise and simply suggesting, ""Let&s do a program together."" The rest, as they say, was collaborative history.

Likewise, Keith taught many sessions of the Finance module in AAHA&s (the American Animal Hospital Association&s) Veterinary Management Institute. I recall he especially desired to give back to the veterinary profession, as he started each module with a photo tribute to his dog. His ""companion"" had lost a leg, but was still a loyal 3-legged jogging partner, thanks to sound veterinary care. It was always a most touching moment, which I&ll never forget.

Keith will be much-missed by the Krannert family. We send our heartfelt condolences to Jane, Jamie and Jon, Julie and Doug, Amy and Pat, and his grandchildren.

In sympathy,

Mike and Patt Sheahan and family

My prayers and thoughts are with you at this time, Jane, and my deepest condolences on your loss.
I barely knew your husband - only through our connection on the Vespers Committee here at the Village. But having just read of his lifetime accomplishments, I am now no longer surprised at his complete coverage of his responsibilities toward this Committee for the month of September, when he was already suffering the pain of his failing body. My gratitude for that help in our work will be reflected in my continuing prayer for you and all his family in these difficult days as you begin to adjust to his loss. Most sincerely, in Jesus& love, Josie Mangus.

Jane and Family,

So sorry to hear of Keith&s passing! I didn&t know that he had been ill, much less for a while. I last spoke with Keith about 2-3 months ago and he sounded like his old chipper self. He will be missed terribly. You all are in my thoughts and prayers.

Leesa Ogden

Please accept our deepest condolences for your family's loss.