For Immediate Release
Office of the Press Secretary
July 9, 2003

Personnel Announcement

President George W. Bush today announced his intention to nominate one individual to serve in his administration:

The President intends to nominate Kenneth Leet of Massachusetts, to be Under Secretary of the Treasury for Domestic Finance. Mr. Leet currently serves as Managing Director of the Investment Banking Division at the Goldman Sachs Group, Inc. Prior to becoming Managing Director of the Investment Banking Division, Mr. Leet served as the firm's Managing Director of the Mergers & Acquisitions Department. Mr. Leet has also served as the Vice President of the Leveraged Finance / Principal Investing and as Associate in the Mergers & Acquisitions Department. Earlier in his career, Mr. Leet worked as a Principal at Odyssey Partners and as a lending officer at Manufacturers Hanover Trust.

Mr. Leet earned his Bachelor's degree from Brown University and his M.B.A from Harvard Graduate School of Business.

Mr. Leet serves on the Board of Directors of the Dana-Farber Cancer Institute. He is also founder of the Immunotherapy Research Fund and a trustee of the Rudolph Rupert Foundation, a small cancer research trust. In addition, Mr. Leet is on the Board of Directors and a Trustee of The Old Vic, a London-based theatre company.