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DE222 Honoree: Preston Schell

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Title: CEO

Workplace: Ocean Atlantic Companies

Preston Schell

Alma Maters: Amherst College, Harvard University

Boards: Leadership Delaware, Inc, Sussex County Land Trust

Q&A: Favorite thing about Delaware? “The laid-back beach lifestyle. Every day is a vacation when you live down here in Southern Delaware and love what you do. I see my kids daily, never miss a sporting event of theirs, and have complete freedom and flexibility to do what I want, when I want.”

Preston Schell left a career as an investment banker to return back to the place that always brought him the most happiness: Delaware’s beaches. Here, he founded Ocean Atlantic Companies, a full-service real estate development firm that has built commercial projects, residential neighborhoods and resort clubhouses, including The Peninsula on the Indian River Bay and Lighthouse Club at Coastal Club. Along with his twin brother, Chris, Schell is also among the biggest philanthropists in Sussex County, donating millions of dollars annually to local causes. An avid environmental supporter, Schell also co-founded the Sussex County Land Trust.

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