THURGOOD MARSHALL COLLEGE FUND BOARD OF DIRECTORS NAMES GENERAL ELECTRIC’S DMITRI STOCKTON TO THE BOARD
Media - Newsroom/PressWashington, D.C. – March 1, 2012 – The Thurgood Marshall College Fund (TMCF) today announced a new board appointment: Dmitri Stockton, president and chief executive officer, GE Asset Management, has been named to serve on the board of directors.
Stockton is the head of GE’s $115 billion* investment management arm, a global investment firm managing assets for a wide range of institutional investors, including plan sponsors, sovereign wealth funds, insurance companies, endowments and the GE U.S. Pension Plan. Stockton is a graduate of North Carolina A&T State University, one of the 47 public Historically Black Colleges (HBCUs) represented by TMCF.
Stockton is a 25-year GE veteran. He previously served as president and chief executive officer of GE Capital’s Global Banking unit based in London. Earlier in his career, he held roles as CEO for GE Capital Bank in Switzerland, president and CEO of GE Money’s Central and Eastern European Banking Group, and senior vice president and chief risk officer for GE Mortgage Corporation.
Through his career roles, Stockton brings a wealth of financial and investment knowledge to TMCF. In addition, as a senior vice president of GE Company and a member of GE’s Corporate Executive Council, he strengthens the enduring and purposeful corporate relationship between TMCF and GE.
Stockton remains loyal and committed to his alma mater, serving on the Executive Advisory Council at North Carolina A&T State University School of Business and Economics. He is also a member of the Executive Leadership Council, U.S. Institute, Pension Managers Advisory Committee, and on the board of GE Foundation.
“Stockton is a brilliant business leader whose professional and civic involvements serve as evidence to his commitment to higher education. We are extremely pleased to have him join the board,” said Jim Clifton, chairman of the TMCF board of directors, and CEO of Gallup.
The Thurgood Marshall College Fund is rallying towards its 25th Anniversary with renewed purpose and results-oriented strategies specifically designed to take TMCF into another quarter century of service. Last month, TMCF unveiled a new logo “Where Education Pays Off” aimed at amplifying and better communicating their overarching message, which is simply that TMCF helps future leaders get the most from their education. The new tagline is a perfect fit as it universally communicates to stakeholder groups (students, parents, member-school leaders, and donors) that an investment in higher education will yield an incredible return for our communities and, indeed, our country.
“Creating an aligned, 21st century higher education system that prepares students to succeed in the global skills race is the challenge of the next decade. Dmitri Stockton, a graduate of a TMCF member- school embodies this challenge, and is a tremendous asset to the board,” says Thurgood Marshall College Fund President & CEO Johnny C. Taylor, Jr.
*Assets as of December 31, 2011.
ABOUT THE THURGOOD MARSHALL COLLEGE FUND
The Thurgood Marshall College Fund (TMCF) is named for the U.S. Supreme Court's first African-American Justice. Established in 1987, TMCF supports and represents nearly 300,000 students attending its 47 member-schools that include public Historically Black Colleges and Universities (HBCUs), medical schools and law schools. TMCF helps students with a clear intention and the motivation to succeed and acquire a high-quality college education at an affordable cost. TMCF also efficiently connects high performing, world-ready students with top tier employment opportunities—access that students or employers might not have on their own. Through its scholarships and programs, TMCF plays a key role in preparing the leaders of tomorrow.
TMCF is a 501(c)(3) tax-exempt, charitable organization and has a "Four Star" rating by Charity Navigator. For more information about TMCF and its initiatives, visit:www.ThurgoodMarshallCollegeFund.org.