William Clyde Oldaker Rockville, Maryland Obituary

William Clyde Oldaker

It is with great sadness that we inform you Bill Oldaker passed away on Sunday, June 13. Bill was a loving father and husband. He was a founding partner of Oldaker & Willison and The National Group. He had an extensive career in Washington, D.C., holding high-level positions in the federal government, practicing law and government relations, and serving on the board of directors of banking institutions and biotech companies. From 1968 to 1975 Bill served as assistant to the Chairman of the U.S. Equal Employment Opportunity Commission. Later he served as General Counsel to the Federal Election Commission from 1976-79. During that time, he litigated several of the Supreme Court cases that define the scope of federal campaign finance laws today. From 1979 to 1980, Mr. Oldaker served as General Counsel and Treasurer to the "Kennedy for President Committee." President Clinton appointed Mr. Oldaker to the National Bio-Ethics Committee where he served until 2002. Following the 1980 presidential election, Bill entered private practice where over the years he represented Senator Biden in his 1988 presidential run, General Wesley Clark in his 2004 presidential run, and was Ethics and Election Law Counsel to Senate Majority Leader Harry Reid, Senate Minority Leader Tom Daschle, Chairman Ted Kennedy, Chairman Tom Harkin, Chairman Max Baucus, Senator Edward Markey, Senator Byron Dorgan, Congressman Sander Levin, and Congressman Charlie Rangel. Prior to founding Oldaker & Willison, Bill was a partner at Epstein, Becker and Green, PC and a partner at Manatt, Phelps and Phillips. He maintained a broad range of close working relationships with Members of Congress on both sides of the political aisle. At Oldaker & Willison and The National Group, he represented a broad range of healthcare clients, including national healthcare associations, emergency medicine interests, medical device companies, medical schools, insurance companies including Medicare Advantage plans, and some of the largest hospital systems in the country. In addition to his extensive career in law and government, Bill was an original investor in Century National Bank. He was a member of Century National Bank's Board of Directors and a member of Century National Bank Holding Company's Board of Directors for eighteen years until the bank's sale in 2001. In 2004, he helped found WashingtonFirstBank and served as an original board member until its sale to Sandy Spring Bank on January 1, 2018. He helped to found Trustar Bank and served as a member of the Board of Directors from the bank’s inception until his death. He chaired the Corporate Governance Committee, served on the bank's Executive Loan Committee and Asset/Liability Management Committee, and worked closely with the bank's officers and directors to build the bank to more than $400 million in assets, making Trustar the fastest growing of all thirteen banks established in the United States in 2019. Bill was also an early board member and trusted advisor of Neuralstem. He was essential in guiding the company through the period where the regulatory environment for embryonic-derived neural stem cells was uncertain and always changing. He was also central in helping the company push into China. Please keep his family in your thoughts as they go through this difficult time. He is survived by his dear wife of many years Judy, and three sons Guy, Charley, and Michael. His memorial will be held at the Equinox Restaurant, 818 Connecticut Ave, on July 10, 2021, at noon.
May 8, 1941 - June 13, 202105/08/194106/13/2021
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Obituary

It is with great sadness that we inform you Bill Oldaker passed away on Sunday, June 13. Bill was a loving father and husband. He was a founding partner of Oldaker & Willison and The National Group. He had an extensive career in Washington, D.C., holding high-level positions in the federal government, practicing law and government relations, and serving on the board of directors of banking institutions and biotech companies. From 1968 to 1975 Bill served as assistant to the Chairman of the U.S. Equal Employment Opportunity Commission. Later he served as General Counsel to the Federal Election Commission from 1976-79. During that time, he litigated several of the Supreme Court cases that define the scope of federal campaign finance laws today. From 1979 to 1980, Mr. Oldaker served as General Counsel and Treasurer to the "Kennedy for President Committee." President Clinton appointed Mr. Oldaker to the National Bio-Ethics Committee where he served until 2002. Following the 1980 presidential election, Bill entered private practice where over the years he represented Senator Biden in his 1988 presidential run, General Wesley Clark in his 2004 presidential run, and was Ethics and Election Law Counsel to Senate Majority Leader Harry Reid, Senate Minority Leader Tom Daschle, Chairman Ted Kennedy, Chairman Tom Harkin, Chairman Max Baucus, Senator Edward Markey, Senator Byron Dorgan, Congressman Sander Levin, and Congressman Charlie Rangel. Prior to founding Oldaker & Willison, Bill was a partner at Epstein, Becker and Green, PC and a partner at Manatt, Phelps and Phillips. He maintained a broad range of close working relationships with Members of Congress on both sides of the political aisle. At Oldaker & Willison and The National Group, he represented a broad range of healthcare clients, including national healthcare associations, emergency medicine interests, medical device companies, medical schools, insurance companies including Medicare Advantage plans, and some of the largest hospital systems in the country. In addition to his extensive career in law and government, Bill was an original investor in Century National Bank. He was a member of Century National Bank's Board of Directors and a member of Century National Bank Holding Company's Board of Directors for eighteen years until the bank's sale in 2001. In 2004, he helped found WashingtonFirstBank and served as an original board member until its sale to Sandy Spring Bank on January 1, 2018. He helped to found Trustar Bank and served as a member of the Board of Directors from the bank’s inception until his death. He chaired the Corporate Governance Committee, served on the bank's Executive Loan Committee and Asset/Liability Management Committee, and worked closely with the bank's officers and directors to build the bank to more than $400 million in assets, making Trustar the fastest growing of all thirteen banks established in the United States in 2019. Bill was also an early board member and trusted advisor of Neuralstem. He was essential in guiding the company through the period where the regulatory environment for embryonic-derived neural stem cells was uncertain and always changing. He was also central in helping the company push into China. Please keep his family in your thoughts as they go through this difficult time. He is survived by his dear wife of many years Judy, and three sons Guy, Charley, and Michael. His memorial will be held at the Equinox Restaurant, 818 Connecticut Ave, on July 10, 2021, at noon.

Events

Jul
10
Memorial Service
Saturday, July 10 2021
12:00 PM
Equinox Restaurant
818 Connecticut Avenue NW
Washington, DC 20006
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