February 21, 2014
Sheldon Stone elected Colonial Williamsburg Foundation TrusteeThe Colonial Williamsburg Foundation board of trustees has elected Sheldon Stone of Los Angeles to serve as a trustee. Stone is a co-founder, principal, director and portfolio manager of Oaktree Capital Group, LLC, a global asset management firm headquartered in Los Angeles.
Stone is one of six founders of the firm, which was established in 1995. Previously he served as managing director and senior vice president of Trust Company of the West, research analyst for Citibank and director of corporate finance for Prudential Insurance Company.
“Sheldon and his wife, Cindy, are dedicated supporters of the mission of Colonial Williamsburg as members of the Raleigh Tavern Society and we are delighted that he is bringing his demonstrated commitment to community service, knowledge of non-profit governance and expertise in asset management to the board of trustees,” said Colin Campbell, president of Colonial Williamsburg.
“I am delighted to be joining the board of Colonial Williamsburg and look forward to serving this extraordinary institution,” Stone said. “My wife and I have many fond memories of the times we visited Williamsburg with our children. It is a delight to get reacquainted with Williamsburg.”
Stone is chair emeritus of the California Community Foundation and serves on the national advisory board of the Johns Hopkins University Center for Talented Youth and the board of advisors for the University of Southern California Marshall School of Business Center for Investment Studies. He is a member of the World Presidents’ Organization and a trustee of the Natural History Museum of Los Angeles County. He serves as a trustee of Bowdoin College and previously chaired the board’s investment committee. He formerly served as a director of the Mayflower Group, Inc.
Stone holds a bachelor of arts degree from Bowdoin College and a master’s degree in business administration from Columbia University.
In November 2013, three members of Colonial Williamsburg’s governing boards retired upon completion of their terms of service. Jeanne B. Daniel of New Canaan, Conn., retired after 13 years of service as a director of Colonial Williamsburg Company, the foundation’s wholly-owned business subsidiary which oversees hospitality, merchandising and commercial properties operations. John R. Donnell Jr. of Atlanta, Ga., and Sharon P. Rockefeller of Washington, D.C., retired as trustees of the foundation, each with 12 years of service.