18:00 PM

Board of Trustees to name Corbett A. Price as charter trustee

The Ohio State University Board of Trustees, pending approval at its November 4 meeting, will appoint Corbett A. Price as a Charter Trustee of The Ohio State University for a three-year term beginning on November 5.

The position of Charter Trustee was established in 2009 to expand the board’s representation from diverse cultural, geographic, professional, public service and civic backgrounds. Charter Trustees are non-Ohio residents who are alumni or friends of the university, and offer counsel and expertise to the board. Charter Trustees do not have voting privileges and cannot become officers, but participate in all board activities including committee membership and committee voting privileges.

In announcing the appointment, board chair Leslie Wexner commented, “Corbett Price has been a devoted advocate for the university – for its Medical Center, for its broader academic mission, and for its commitment to diversity. He brings a valuable professional experience in health care and hospital management to our board, and I look forward to working with him as we advance the university’s strategic goals.”

Price, who earned a master’s degree in health administration at Ohio State in 1975, is CEO of Kurron Capital, LLC, a healthcare private equity firm. He is also chairman of Kurron & Company, Inc., a management consulting firm that manages health care companies in the U.S. and abroad.

Earlier, he served in a senior capacity at HCA health care company, most recently as vice president and head of the Mid-Atlantic division where he personally directed the operational and financial activities of twenty-five health care business units—including hospitals, urgent care centers, physicians groups, elder homes, and home health agencies.

He also has served as chairman and CEO of Health Risk Management, a multi-faceted health care services company that was comprised of a third-party claims administrator, a clinical decision software firm, and two HMO companies consisting of 80,000 members.

Price has been deeply involved in service to Ohio State. He has provided the lead gift for endowing a professorship in Health Sciences Management and Policy. His interest in issues of diversity and inclusion inspired him to provide key support to establish the Kirwan Institute for the Study of Race & Ethnicity at the university. He has established scholarships and provided other financial assistance to African American and Hispanic American students studying health care management and created a scholarship in the Fisher College of Business to help recruit some of the best and brightest minority students to that college’s graduate programs.

In 2008, Price was honored with an Ohio State University Distinguished Service Award for his contributions to society and academics and his dedication to the University.

He has served on a number of boards of businesses and charitable organizations including The Ohio State University Medical Center board, The Ohio State University Foundation, the Dean’s Advisory Council of the Fisher College of Business, and the Mental Health Association of New York City.

Price joins Charter Trustee G. Gilbert Cloyd, who was appointed in October 2009.

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