James M. Stone
James M. Stone was born in New York City in 1947. A National Merit Scholar, Mr. Stone received his Bachelors degree with Highest Honors from Harvard University in 1969. He received his Ph.D. in Economics from Harvard in 1973 and was then appointed Lecturer in Economics by the Harvard Faculty, where he taught the economics of securities markets.
In February of 1975, Mr. Stone was appointed by Governor Michael S. Dukakis to serve as the Commissioner of Insurance for the Commonwealth of Massachusetts. He was appointed Chairman of the Commodity Futures Trading Commission by President Jimmy Carter in 1979. In 1983, Mr. Stone concluded his term in Washington and returned to Boston where he founded The Plymouth Rock Company. He currently serves as the Chairman and CEO of Plymouth Rock, a property and casualty insurance business with annual premium revenues of over one billion dollars. Mr. Stone is also a founder of Homesite Insurance Group, Inc., organized in 1997 to write home insurance nationally and writing approximately $500 million in annual premiums. He served as a member of The Boston Globe Board of Directors for six years. He is currently the Chairman of the Committee on Academic Affrays and a member of the Executive Committee of the Board of Directors of Cold Springs Harbor Laboratory (CSHL.edu), and Chairman of the Committee on Nominations and Governance of the Board of Directors of Management Sciences for Health (msh.org).