Our highly sophisticated Investment Committee is comprised of the community’s leading financial managers, investment professionals, and accredited investors. This committee is responsible for upholding The Park City Foundation’s Investment Policy, and making investment decisions in an efficient, sustainable and transparent manner.
Members of the committee include:
- Tom Bakaly, Treasurer: Has served Park City in the positions of Finance Manager, Director of Capital Management & Budget, Assistant City Manager and Acting City Manager.
- J. Taylor Crandall, Chair: Managing Partner of Oak Hill Capital Partners, with senior responsibility for originating, structuring and managing investments for the firm's Technology, Media & Telecom industry groups.
- John D. Cumming: Chief Executive Officer of Powdr Corporation, overseeing Boreal Ski Area and Soda Springs in the Lake Tahoe region of California; Park City Mountain Resort and Gorgoza Park in Park City, Utah; Mt. Bachelor in Bend, Oregon; Las Vegas Ski and Snowboard Resort (as a 50% owner) in Las Vegas, Nevada, and Killington Ski Resort and Pico in Killington, Vermont.
- Elizabeth Lockette: With over 15 years experience in the financial sector, Lockette now serves as an Investment Manager for private wealth clients at Smith Barney.
- Stephen A. Tyler: Spent 28 years in various market-related positions at JPMorgan including fixed income sales and trading, investment portfolio management, and risk management.
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