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News Release

Palm Beach Real Estate Executive and Entrepreneur Richard Sloane Elected to Scripps Research Institute Board of Trustees

JUPITER, FL, June 1, 2012 – Richard Sloane, a managing partner in Ocean Via Realty of Palm Beach and West Palm Beach, has been elected to The Scripps Research Institute’s Board of Trustees.

“We would like to offer Richard a warm welcome,” said Dick Gephardt, President/CEO of Gephardt Government Affairs and lead trustee of the Scripps Research Board of Trustees. "We are confident his contributions to the board will help foster the Institute's continued preeminence in biomedical research and graduate education."

“We are honored to have Richard join our board,” said Scripps Research President and CEO Michael A. Marletta. “His broad business and entrepreneurial experience will be essential to Scripps as we chart our future course. His experience on the Scripps Florida Council will allow him to hit the ground running. All of us enthusiastically look forward to working with him.”

Over the last 40 years, Sloane has been involved in numerous industries including technology distribution, technical support centers, ocean transportation, and Internet information and commerce sites. In addition, he has built, developed, and owned commercial and residential properties in six states.

Sloane earned a bachelor’s degree in Business/Accounting, and a law degree and master in laws degree from George Washington University.

In addition to serving on the Scripps Florida Council, Sloane is a Sponsor Member of the Kravis Center for the Performing Arts in West Palm Beach and serves on the Board of Directors of Temple Emanu-El, the Palm Beach Civic Association, and the Israel Cancer Association. He also serves on the Dean’s Advisory Board of Florida Atlantic University Medical School, the Leadership Council of Cleveland Clinic Florida, and the External Advisory Board of the Institute of Aging of the University of Pennsylvania Medical School. Sloane lives in Palm Beach with his wife, Carolyn.

Also joining the Scripps Research Board of Trustees is Peter Farrell, a San Diego entrepreneur and business executive. Farrell is founder, chairman, and CEO of ResMed, a developer, manufacturer, and marketer of products for the diagnosis and treatment of sleep-disordered breathing.

About The Scripps Research Institute

The Scripps Research Institute (TSRI) is one of the world's largest independent, not-for-profit organizations focusing on research in the biomedical sciences. TSRI is internationally recognized for its contributions to science and health, including its role in laying the foundation for new treatments for cancer, rheumatoid arthritis, hemophilia, and other diseases. An institution that evolved from the Scripps Metabolic Clinic founded by philanthropist Ellen Browning Scripps in 1924, the institute now employs about 3,000 people on its campuses in La Jolla, CA, and Jupiter, FL, where its renowned scientists—including three Nobel laureates—work toward their next discoveries. The institute's graduate program, which awards PhD degrees in biology and chemistry, ranks among the top ten of its kind in the nation. For more information, see www.scripps.edu.

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