VICTOR M. RICHEL ELECTED TRINITAS CHAIRMAN
Victor M. Richel of Berkeley Heights is the newly-elected Board Chair of Trinitas Regional Medical Center and Trinitas Health, its parent organization. He succeeds Sister Rosemary Moynihan, SC, General Superior of the Sisters of Charity of Saint Elizabeth based in Convent Station, New Jersey.
Mr. Richel is a banking executive, philanthropist and community volunteer serving many organizations in New Jersey and throughout the world. He is Chairman, President and Chief Executive Officer of Dominion Partners, LLC, an investment and consulting firm through which he provides consultation to banks and companies across the globe. He also serves as Chairman of Westminster Properties, LLC, a real estate development company, licensed NJ new home builder, and property management company.
He and his wife Andrea head the Cranford-based Richel Family Foundation. In addition to his Board Chairmanship at Trinitas Regional Medical Center, Mr. Richel has served since 1995 as Chairman of Union County College and is a member of the Board of Governors at the College.
He is Treasurer and a Trustee of Elizabethtown Healthcare Foundation, as well as the Two Hundred Club of Union County and of Union County Crime Stoppers. He is a member of the Board of Trustees of John Cabot University in Rome, Italy. Formerly, Mr. Richel served as a Trustee of the Garden State Cancer Center, Pace University’s Lubin School of Business, St. Peter's College Board of Regents, Independence Community Foundation and is past Chairman and President of the Friends of the Child Advocacy Center of Union County. A Villanova University graduate, Mr. Richel also furthered his education at Columbia University and the Harvard Business School to attend marketing and executive development programs.
"Both Vic Richel and Sister Rosemary have provided compelling and valuable leadership to our organization. Their dedication to the mission, vision and values of Trinitas Health and Trinitas Regional Medical Center during these challenging economic times has ensured that Trinitas continues to provide excellent compassionate care to the communities we serve," states Gary S. Horan, FACHE, President and CEO of Trinitas.
Mr. Richel's commitment to healthcare in Elizabeth goes back over 40 years. A native of Elizabeth, he holds the distinction of having served on the Boards of Alexian Brothers Hospital, Elizabeth General Medical Center and Trinitas. While on the Board of Alexian Brothers Hospital he was elected its Chairman only four years after joining. Soon thereafter, it was learned that the Alexian Order in Chicago was divesting the Elizabeth hospital and other healthcare facilities in New Jersey and California. Mr. Richel was key to the negotiations that ultimately led to the Alexian Brothers Hospital being acquired by Elizabeth General Medical Center in 1990.
Following that acquisition, Mr. Richel joined the Board of Trustees of Elizabeth General Medical Center, where he was very active and served as Chairman of the Finance Committee. In the late 1990's, he was again central to the discussions that led to the consolidation of Elizabeth General and St. Elizabeth Hospital – a merger that created Trinitas Regional Medical Center in January, 2000.
He explained, "With the Trinitas merger, both Elizabeth General and Saint Elizabeth Hospital brought unique strengths. Both were good working hospitals, and together they created something even stronger and more viable that will serve Central and Northern New Jersey for many years to come. Trinitas today carries on the strengths, spirit and compassion of all three hospitals, and I couldn’t be more proud to participate in this legacy."
About Trinitas Regional Medical Center
Trinitas Regional Medical Center (TRMC), a major center for comprehensive health services for those who live and work in Central New Jersey, is a Catholic teaching medical center sponsored by the Sisters of Charity of Saint Elizabeth in partnership with Elizabethtown Healthcare Foundation. With 10 Centers of Excellence across the continuum of care, Trinitas has distinguished itself in cardiology, cancer care, behavioral health, renal care, nursing education, diabetes management, wound healing and sleep medicine.
Posted: February 9, 2016