By Alicia Dirado and Jennifer Healy
Terry R. Peets has taken the helm of City of Hope’s board of directors, which also has added three new members.
Peets was installed as the board’s new chair at City of Hope’s National Convention in June.
Investment banker Alexander L. Cappello, construction executive Rodney Freeman and investment advisor Ronald J. Silverman joined the board in May.
Michael A. Friedman, M.D., City of Hope’s president and chief executive officer, said Peets’ role will be pivotal in guiding the institution toward its strategic goals. “Terry’s leadership of the board of directors will help City of Hope be more effective in translating science into practical benefits for patients with cancer and other serious diseases,” Friedman said.
Peets joined the board in 2000 and served as board vice chair for the past three years. He is past president of City of Hope’s Southern California Food Industries Circle fundraising group, which has raised more than $100 million for City of Hope’s research, treatment and education programs.
Peets, whose career leading some of the nation’s top grocery chains spans more than 30 years, currently serves as chair and director of World Kitchens Inc. and as director for Interstate Bakeries Inc., Ruiz Foods Inc. and Winn-Dixie Stores Inc.
“I am honored to serve as chair and to work with the board of directors to ensure City of Hope continues its commitment to scientific excellence and to improving the lives of patients with life-threatening diseases,” Peets said.
City of Hope board leaders said the three new board members’ philanthropic spirit and energy make them ideal additions to the board, as well.
Alexander Cappello is chair and chief executive officer of the Cappello Capital Corp., a global merchant-banking boutique firm that operates in 40 countries and has completed more than $50 billion in transactions. Cappello has more than 30 years of experience in corporate management, corporate finance, investment banking and merchant banking.
Rodney Freeman founded Freeman Group Inc. in 1993, and today the company is one of the West Coast’s premier construction management and consulting firms. Freeman has been responsible for the construction of more than 500 projects valued at more than $1 billion. He also co-chairs City of Hope’s construction and real estate industry committee.
Ronald J. Silverman serves as managing director of Bel Air Investment Advisors LLC, an investment advisory firm for high-net-worth families and foundations. Prior to joining Bel Air in 2003, Silverman was a senior managing director at Gerard, Klauer & Mattison, a researchbased investment bank.