management

Lifespan names new board chair

COURTESY LIFESPAN
SCOTT B. Laurans, managing director in the Rhode Island office of BNY Mellon, has been named the new chairman of the Lifespan board of directors, succeeding Alfred J. Verrecchia, who had served as chairman for 10 years.
Posted 12/21/11

PROVIDENCE – Scott B. Laurans, managing director in the Rhode Island office of BNY Mellon, has been named the new chairman of the Lifespan board of directors, succeeding Alfred J. Verrecchia, who had served as chairman for 10 years.

Laurans, who has served on the Lifespan board since 1994, becomes the fourth chairman of the board in Lifespan’s history.

“I am very pleased that the board of directors selected Scott as the new chairman,” George A. Vecchione, president and CEO of Lifespan. “His extensive financial industry experience, his long history of serving on the Lifespan and Rhode Island Hospital boards, and his strong commitment to the local community make him an ideal chairman.”

Laurans takes over for Verrecchia, who decided to step down a year before his term was up to ease the transition to a new Lifespan president and CEO. Vecchione had announced in October that he will leave Lifespan at the end of 2012.

Laurans began his career at Roger Williams Foods Inc., a company he eventually purchased in 1984. The company was later sold to Wetterau Inc. (now SuperValue Inc.) in 1988, with Laurans becoming president of the RWF Division of the company, then the nation’s third largest food distributor. Around the same time, Laurans developed Eastside Marketplace, a supermarket located on Providence’s East Side. Laurans continues to maintain ownership of the supermarket.

Laurans currently serves on the Investment Committee and the Board of Directors of Slater Technology Fund.

Laurans also has served on the board of the R.I. Department of Economic Development and Port Authority, the R.I. Industrial Facilities Corporation, the R.I. Small Business Fund, R.I. Council on Economic Education, the Wheeler School, and the YMCA.

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