Part-Time Manhattan Beach Resident Named Chair of UCLA Foundation Board

From a press release:

IT executive William E. Mitchell -- whose second home is in Manhattan Beach -- has been appointed chair of The UCLA Foundation board of directors.

Mitchell is an active supporter of education and the performing arts. As chair, he will lead accomplished corporate and community leaders to power the campus’s growth and prosperity.

“I am deeply honored by the opportunity to serve as chair of The Foundation, and I am looking forward to this opportunity to work with The Foundation’s new and continuing directors to advance the spirit of philanthropy at UCLA,” Mitchell said. “Furthering UCLA’s philanthropic priorities and growing The Foundation’s $1.7 billion endowment will provide financial stability to enhance the campus’s resources for generations of world-class leaders to come.”

The Foundation enables individuals to turn philanthropy into action to make a global impact as it manages donated resources for the advancement of UCLA.

“The Foundation is keenly focused on strengthening philanthropic support of UCLA, including partnering with fellow leaders to ensure the success of the $4.2 billion The Centennial Campaign for UCLA. I am particularly proud of the board’s commitment to help Chancellor Gene Block raise $1 billion in student support,” Mitchell said.

Mitchell is the founding partner of Sequel Capital Management, founded in 2010 to invest in a diversified portfolio of companies, primarily in the technology sector. Prior to this, he was chair of the board and chief executive officer of Arrow Electronics, a $20 billion Fortune 150 company. He is a member of the executive board of the UCLA School of Theater, Film and Television and he served as a director of the Metropolitan Opera of New York, the Lincoln Center Corporate Leadership Committee and the Eisenhower Fellowships Foundation.

Mitchell, whose primary residence is in Atherton, holds a bachelor’s degree in engineering from Princeton University and a master’s degree in engineering from the University of Michigan. Many of his business operations are located in the Silicon Valley area.

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