Douglas B. Fletcher ’47

During World War II, Doug served in the Army in the Pacific theater. He graduated in 1949, married Sally Wittenberg in 1950, and began his successful career as a venture-capital manager in New York.

Doug and Sally moved to Los Angeles in the 1960s, where Doug became CEO of Shareholders Management Co., which, inter alia, managed six mutual funds with combined assets of $1 billion.

Doug was an active member, and often an officer, of numerous professional organizations. He also served on the board of governors of the Mental Health Association of Los Angeles, and, notably, as president of the Princeton Club of Southern California.

In their later years, he and Sally moved to a small island off Newport Beach, Calif., to enjoy more leisure, but Doug kept at it when he and son Jim started a new enterprise, Capital Advisors, which has managed over $200 million of college-endowment funds.

In our 50th yearbook, Doug wrote, “Life is better than ever.” No doubt this happiness was due in part to the somewhat late but welcome arrival of eight grandchildren.

Doug was a loyal Princetonian and was proud that his son, David ’75, was, too.

He died June 13, 2009.

We send warm wishes to Sally, their four sons, and eight grandchildren.