James H. Shelton III is the chief executive officer of Blue Meridian Partners. [1] He was previously the Deputy Secretary of the United States Department of Education,and the head of the Chan Zuckerberg Initiative's Education division. [2] [3]
Previously,he served as Assistant Deputy Secretary of the United States Department of Education,overseeing the Office of Innovation and Improvement,managing a portfolio that included most of the Department's competitive programs,such as the Investing in Innovation Fund (i3),Promise Neighborhoods,and others focused on teacher and leader quality,school choice,and learning technology. [4]
Career
Earlier in his career,Shelton served as program director for education at the Bill &Melinda Gates Foundation,where he managed portfolios ranging from $2 to $3 billion in non-profit investments targeting increased high school and college graduation rates. Shelton has served as the East Coast lead for NewSchools Venture Fund,and also co-founded LearnNow,a school management company that later was acquired by Edison Schools. [6]
After four years in Atlanta with McKinsey &Company advising CEOs and other executives on issues related to strategy,business development,and organizational design and effectiveness,he left as a senior manager to join Knowledge Universe,Inc. There he launched,acquired,and operated education-related businesses. [7]
He later served as Deputy Secretary of Education from May 2013 to December 2014 under Arne Duncan. [8] Shelton was also the founding executive director of My Brother's Keeper Challenge. [1]
In 2015,Shelton joined education company 2U as president and chief impact officer. [9] [10]
When Shelton worked at the Department of Education,the department pursued a regulation called the "gainful-employment rule." The rule withholds student loans from students at for-profit colleges that don't show a government-chosen level of "post-graduation success." [8]
In December 2024,Blue Meridian Partners announced that Jim Shelton would serve as the organization’s new CEO. [1] Shelton is currently Blue Meridian Partner’s president and chief investment and impact officer. [1] Blue Meridian is a nonprofit organization that takes an investment-style approach to backing projects related to social and economic mobility [11] to improve the lives of families and youth living in poverty. The organization vets and connects organizations and investors tackling the same issues so the groups can pool their intellectual and financial resources to expand their reach. [11] [12] [13]
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