Saint Joseph’s Announces New Chair of Board Of Trustees
Wednesday, July 13, 2011
PHILADELPHIA (July 13, 2011) – At a special meeting held Tuesday, July 12, the Saint Joseph’s University Board of Trustees elected Robert D. Falese, Jr. ’69 as its chair.
Falese is the former president and CEO of Commerce Bank in Cherry Hill, NJ, as well as having served as President, Commercial and Investment Banking at Commerce. A 1969 graduate of Saint Joseph's, Falese was the 2007 recipient of the Haub School of Business Hall of Fame Award. He is involved in numerous community organizations, including serving as a director for NHS Services, which treats developmentally disabled children and adults in Pennsylvania and several other states. He also serves on the Advisory Board for New Spring Private Equity Fund, a local venture capital firm. Formerly, Falese served as the president of the Philadelphia Chapter of Risk Management Associates and was also a director for the University City Science Center. He has been a board member at Saint Joseph’s since 2006.
“I am honored to have been chosen by my colleagues to lead the University’s Board at this exciting time in Saint Joseph’s 160-year history,” said Falese. “With Plan 2020: Gateway to the Future, as the University’s blueprint for continued excellence, it is an extraordinary opportunity to advance the mission of Saint Joseph’s and the academic excellence of a Saint Joseph’s education.”
He succeeds Paul J. Hondros ’70, president and CEO of AlphaOne Capital Partners, LLC, a privately held financial services firm with headquarters in the greater Philadelphia area, who is stepping down as chair after serving two two-year terms. Hondros, and his wife, Margaret, were the lead donors and a guiding force in the establishment of the Kinney Center for Autism Education and Support at Saint Joseph’s.
Falese’s election is effective immediately. He will preside over the next meeting of the University’s Board of Trustees in October.