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William C. Stone
Also Known As William (Bill) Charles Stone, Bill Stone
CEO of Ss&c Technologies Holdings
William (Bill) Charles Stone is the founder, chairman and chief executive officer of SS&C Technologies, Inc.(SSNC)
Stone is the CEO and founder of SS&C Technologies, which he started out of his home in Connecticut in 1986
Before founding SS&C Technologies, Stone began his career in 1977 at KPMG, a financial services consultancy and accounting firm in St. Louis, Missouri. Stone would eventually become a director at KPMG and move to Hartford, Connecticut where the company is headquartered.
While at KPMG, Stone also served as a vice president of administration and special investment services at The Advest Group, which at the time was the 12th largest broker-dealer in the United States
By 1986, Stone had saved up about $20,000 from his time working at KPMG. That year, the then 30-year-old Stone left his job to start SS&C out of the basement of his house. The company launched with just four employees but quickly grew to 17 the next year before more than doubling in 1988.
Over the next decade, SS&C Technologies grew to reach revenues of $18 million from the sales and development of software for financial institutions.6 SS&C Technologies’ clients included asset managers, bankers and insurers who were looking to manage their books digitally.
SS&C Technologies went public in 1996 with Stone navigating the firm's initial public offering (IPO). His next big challenge came at the turn of the century when the dot-com bust sent ripples throughout the economy. In response, Stone took the company private in 2005.
Stone took the company public for the second time on March 2010.
Stone is CEO and Chairman of the Board of Directors at SS&C Technologies (as of March 2019). Stone has also held various other titles while at the company's helm.
1986–present: CEO and Chairman of the Board of Directors, SS&C Technologies Holdings, Inc. and SS&C Technologies, Inc.
1986-1997; 1999-2004: President, SS&C Technologies Holdings Inc.
1999-2004: President and Secretary, SS&C Technologies Inc
Early Life
Bill Stone (William C. Stone) was born and raised in Evansville, Indiana. Both Stone and his future wife, Mary (O’Daniel) Stone, graduated from Reitz Memorial High School in 1973. In high school, Stone was an athlete and captain of Reitz Memorial's football team
After high school, Stone attended Marquette University in Milwaukee, Wisconsin. He received a Bachelor of Business Administration from Marquette University in 1977
Education
- Graduated - Reitz Memorial High School
- Bachelor of Business Administration - Marquette University
Career
- SS&C Technologies - CEO
- SS&C Technologies - Chairman
- SS&C Technologies - Founder
Recognition
2019 Evansville Regional Business Hall of Fame laureate
Institutional Investor's 2017 All American Executive Team Best Midcap CEOs, Technology, Media & Communication for the Software Sector
2012 Entrepreneurial Award from Marquette University's College of Business Administration