Hal Shelton Elected Treasurer of National SCORE Board of Directors
Corporate Executive Offers Extensive Financial & Management Expertise
Washington, D.C.—Financial and management expert Henry “Hal” Shelton of Bethesda, Md., has been elected Treasurer for SCORE "Counselors to America's Small Business." Shelton will lead oversight of SCORE’s financial practices. Learn more about SCORE at www.score.org.
Shelton served as senior vice president and chief financial officer of USEC Inc. since its inception in 1993 until his retirement in 2004. USEC is the world’s leading provider of enriched uranium fuel for commercial nuclear power plants. At USEC, Shelton led its $3 billion privatization via an IPO, the largest privatization of an ongoing U.S. government activity.
Shelton also was the architect of USEC’s financial practices, capital structure and corporate governance, having received a near-perfect (99.9 percent) corporate governance rating from Institutional Shareholder Services. As a result of his responsibilities, accomplishments and training, Shelton qualifies as an audit committee “financial expert” as defined by SEC regulations.
Prior to joining USEC, Shelton was with Sunoco, Inc., where he held a number of senior financial management and inside board positions in the areas of exploration and production, refining and marketing, shipbuilding and the corporate headquarters. Shelton also has served on the board of RWD Technologies, Inc., and the Washington/Philadelphia advisory board of Factory Mutual Insurance Company.
Shelton joined Washington, D.C. SCORE in 2005, where he has served as chapter chair and district director. He was elected to the SCORE Association and The SCORE Foundation boards of directors in 2008 and has served on numerous committees and projects. He also has served his community as an elected councilman and planning commission chair, as well as past president of the Pennsylvania Economy League’s Eastern Chapter, head of a citywide UNCF fundraising drive, and Boy Scout leader. He is a member of Financial Executives International.
SCORE Board Chair Doug Kindred says, “Hal Shelton’s business background and expertise offers SCORE a wealth of management, financial and governance knowledge.” Kindred adds, “Hal is dedicated to supporting SCORE’s business mentoring and training, which is helping entrepreneurs make it through the recession and turn their dreams into reality.”
Shelton earned a Bachelor of Science degree from Carnegie Mellon University, a master’s degree in business administration from the University of Chicago, and an honors diploma from the University of Vienna, Austria.
Since 1964, SCORE “Counselors to America’s Small Business” has helped more than 8.4 million aspiring entrepreneurs and small business owners through counseling and business workshops. More than 11,200 volunteer business counselors in 370 chapters serve their communities through entrepreneur education dedicated to the formation, growth and success of small businesses.
For more information about starting or operating a small business, call 1-800/634-0245 for the SCORE chapter nearest you. Visit SCORE on the Web at www.score.org.