James Stone: American Business Executive

According to Wikipedia, James M. Stone is an American businessman who is originally from New York City. He attended public schools in New York before he was accepted into Harvard University for his college education. At Harvard, he was a Phi Beta Kappa and graduated with his Bachelor’s degree in Economics. He continued with his education at Harvard, earning a PhD in Economics as well. Stone is not only a highly educated businessman, he is also a teacher, a philanthropist, a published author, and a family man.

After receiving his PhD from Harvard University, Stone stayed on at the school to teach courses to students on economics in regards to the security market. During his time as a professor at Harvard, Stone worked as a part-time consultation in the insurance industry. He passed the necessary exams to join the Casualty Actuarial Society (CAS). He even wrote a research paper on catastrophic risks in the insurance industry that became mandatory reading for those looking to join the CAS.

In 1982, James Stone founded the Plymouth Rock Company after he spent some time serving as Insurance Commissioner for the state of Massachusetts. The Plymouth Rock Company is a family of insurance companies. Over the years, Stone built the company as President and CEO. Currently, the company manages over $1 billion in insurance premiums.

Not only is James Stone a successful businessman, he is also a philanthropist. He is a Chairman on the Board of Directors for Cold Spring Harbor Laboratory, which is a cancer research center. He also serves on the Board for Sciences for Health, a group that works on healthcare for humanitarian efforts. He is the Chairman for School on the Move which hands out prizes for the most improved schools each year in Boston. In addition to his philanthropic efforts, Stone is also a published author. His book, “One Way for Wall Street”, focuses on the securities industry. He has also published articles related to economics, financing, and insurance.

James Stone resides in Boston with his wife, lawyer and environmentalist Cathleen Douglas Stone. The couple share two children.

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