Tom Lockard joined Stone & Youngberg as an investment banker in 1984 and is a member of the firm's Executive Committee. During his tenure with Stone & Youngberg, Mr. Lockard has successfully structured more than 400 separate new issue municipal bond transactions representing over $4.5 billion of municipal debt. Mr. Lockard earned a Bachelor s degree from Stanford University. Following Stanford, he completed a Coro Foundation fellowship and spent two years working on immigrant and refugee assistance with the Foundation Task Force on Refugee Affairs in San Francisco's Tenderloin neighborhood. In 1984, Mr. Lockard earned an MBA from the University of Pennsylvania's Wharton School. Mr. Lockard has served as a trustee of the University of Pennsylvania and as a board member of Coro Northern California. He remains actively involved with local and international philanthropic organizations. Currently he is the board treasurer for the Center for Investigative Reporting, as well as a board member of the Salesian Boys' and Girls' Club in San Francisco and the Stanford University Buck/Cardinal Club. Education A.B., Stanford University M.A., Claremont Graduate University M.B.A., University of Pennsylvania Wharton School