Rich Statuto is currently Chairman of the Board of Directors of Premier, Inc. (NASDAQ:PINC) and serves on the Compensation and Nominating & Governance committees. Previously, he served as Chairman of the Board when the company went public in May 2013 until August 2019.
Mr. Statuto is also currently an Executive Advisor for LRVHealth, a Boston based venture capital firm, and for CoVest Partners, a Charlotte based private equity firm.
He retired on September 1, 2019, after facilitating the merger of Bon Secours Health System, one of the largest health systems in the country. He previously served as President and CEO of Bon Secours from 2004 until 2018. He also served as CEO of St. Joseph Health System located in California from 1995 until 2005. Both health systems exceeded $3 billion in revenue and were highly profitable.
In addition to being a CEO for 25 years, Mr. Statuto has served as Chairman of the Board of trustees of the Catholic Health Association, Vice Chairman of Christus Health in Dallas Tx., Vice Chairman Incarnate Word Health System, Vice Chairman of CMMB and Chairman of American Red Cross Orange County California. He also served on the boards of Kmart, the Innovation Institute, Covenant Health System in Massachusetts, Mercy Housing and on the finance committee of the American Heart Association. Rich has been in board leadership positions for over 30 years.
Earlier in his career, Mr. Statuto performed operations improvement and strategy engagements as a consultant for Touche Ross (Deloitte) and began his career doing process engineering and product development for Procter and Gamble.
Rich earned his MBA from Xavier University and has a bachelor’s degree in Chemical Engineering from Vanderbilt University.