James M. Stone

Stone graduated with Highest Honors in economics from Harvard and was elected to Phi Beta Kappa in 1969. Mr. Stone received his Ph.D. in economics in 1973 and was appointed Lecturer in Economics by the Harvard faculty, teaching a course on the economics of securities markets. Stone was appointed chairman of the United States Commodity Futures Trading Commission by President Jimmy Carter in 1979. Stone concluded his term in Washington and returned to Boston, where he founded The Plymouth Rock Company. He currently serves as CEO of the Plymouth Rock group of insurance companies, with automobile and homeowners premium writings in excess of $1.2 billion annually. Mr. Stone was a co-founder of Cat Limited, a Bermuda-based reinsurer; a founder of Homesite Group, which writes home insurance nationally with annual premiums of over one billion dollars; and a founder of Response Insurance, a direct-to-the-consumer auto insurer. He is also a founding member of the Administrative Committee of Lindsay Goldberg, a New York-based private equity investment firm. Stone is married, with two children, and lives in Boston. He is a member of the Finance Committee and a fellow of the American Academy of Arts and Sciences, as well as a member of the Trust and the Finance Committee of the American Academy of Arts and Sciences.