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Max Stone

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Max Stone

Executive Committee Member, The D. E. Shaw Group
Max Stone

Max Stone is a managing director of D. E. Shaw & Co., L.P. and, as a member of the Executive Committee of D. E. Shaw & Co., L.P. and D. E. Shaw & Co., L.L.C., jointly supervises the D. E. Shaw group’s worldwide businesses. Mr. Stone also serves as Chair of the D. E. Shaw group’s Risk Committee, which is responsible for firmwide risk management and capital allocation, and he has oversight responsibility for the activities of the firm’s Chief Risk Officer. He oversees the D. E. Shaw group’s Discretionary Macro trading unit, which he launched in 2004, as well as its Energy and Reinsurance investment units. In addition, Mr. Stone is a member of the Executive Committee of D. E. Shaw Investment Management, L.L.C. (“DESIM”), which manages Active Equity, a suite of systematic, benchmark-relative equity strategies, as well as Lithic and Orienteer, DESIM’s multi-asset class investment strategies. After joining the D. E. Shaw group in 1992, he was involved with the evaluation and implementation of a number of firmwide structural and strategic initiatives and later oversaw the development and operation of several of the group’s investment strategies. Mr. Stone managed the D. E. Shaw group’s fixed income trading unit from its inception in 1994 until 1998 and was subsequently responsible for all of the group’s investment strategies. He graduated magna cum laude from Brown University in 1991 with a degree in psychology. Mr. Stone is a member of the boardof directors of Partners In Health, which helps provide medical care to patients in poor communities around the world.