IN MEMORIAM | David Stone 1942-2016

NorthStar Bank Chairman Jim Cantonis recently had a fleeting and rare told-you-so moment with his friend of 40 years, David Stone. The victory: Cantonis rightly said the Fed would hold interest rates, while Stone predicted an increase.

Stone, says Cantonis, was right so often about markets and banking that it became routine. Stone was most recently CEO of Tampa-based NorthStar, a job that essentially began as a favor for Cantonis. “He taught me everything I know about banking,” says Cantonis. “He was very thoughtful and very wise, and he was thorough and meticulous.”

Stone died Nov. 30 after a battle with pulmonary fibrosis, a lung disease. He was 74.