[1] Shedd earned a degree in banking and finance from University of California, Los Angeles (UCLA), where he played baseball and football.

[1][5][3] In 1964, Shedd and three of his fellow UCLA graduates Ken Norris, David Demott and George Millay founded SeaWorld San Diego.

[3][2][1] In 1977, the Foundation was renamed the Hubbs-Sea World Research Institute to honor fishery biologists Carl and Laura Hubbs and their contributions to marine science.

[1][3] Throughout his life, Shedd supported conservation efforts including the elimination of shark longlining off California and restoring the state’s white seabass.

[3] Shedd helped create and fund a $4.8 million, 10-acre (4.0 ha) white seabass fish hatchery in Carlsbad, California that opened in October 1995.