The newest member of the Colonial Williamsburg Foundation Board of Trustees is a money manager from Los Angeles.
Sheldon Stone is co-founder, principal, director and portfolio manager of Oaktree Capital Group, LLC, a global asset management firm.
Before helping to create the firm in 1995, Stone worked for Trust Company of the West, Citibank and Prudential Life Insurance.
"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, in a statement announcing the appointment.
"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 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.