Livingston, NJ, October 2, 2017 – Nationally-recognized real estate executive Bruce Schonbraun has
been named Chairman, Saint Barnabas Medical Center Board of Trustees.
“Bruce Schonbraun joined the Board of Trustees in 2013 and has proven
to be an exceptional leader. We are thrilled that he accepted the chairmanship
and value his insight, expertise and commitment to excellence,”
states Barry H. Ostrowsky, President and Chief Executive Officer, RWJBarnabas Health.
Mr. Schonbraun, has been an entrepreneur and dealmaker in the real estate
industry his entire career. He is Head of Real Estate at FTI Consulting,
Inc. (NYSE: FCN), one of the world’s leading business consulting
firms. Over the course of the last 25 years, as the go-to advisor to many
of the real estate industry’s leadership, he has been involved in
many of the largest real estate transactions in New York City and nationally,
transactions that aggregate more than $150 billion over the course of
“Bruce Schonbraun’s visionary leadership, active participation
and oversight as Chairman of the Real Estate Expansion Oversight Committee
for the Cooperman Family Pavilion was integral to its successful completion
and opening. We are fortunate to have such a renowned and passionate chairman
who understands the importance of having access to an exemplar Medical
Center in the region for our patients and their families,” states
Stephen P. Zieniewicz, FACHE, President and CEO, Saint Barnabas Medical Center.
Mr. Schonbraun has been a member of the board of various charities, community
groups and professional associations including the National Association
of Industrial and Office Properties (“NAIOP”), the National
Association of Real Estate Companies (“NAREC”), the National
Association of Real Estate Investment Trusts (“NAREIT”), the
International Real Estate Trade Organization (“IRETO”), and
the Zell-Lurie Real Estate Institute at Wharton, where he has served as
a mentor in the Wharton Real Estate M.B.A. program. Mr. Schonbraun has
been recognized by NAIOP with its “Annual Real Estate Industry Service
Award,” and he received the “Torch of Learning Award”
from the Lautenberg Cancer Research Center at The Hebrew University of
Jerusalem, presented to him by President Clinton.
Mr. Schonbraun was the founder (1973) of The Schonbraun McCann Group (“SMG”),
which was acquired by FTI Consulting in 2008. Mr. Schonbraun has authored
numerous articles and is a much sought-after resource to the press on
a wide variety of real estate matters related to capital markets, finance,
strategic business planning, and mergers and acquisitions. Mr. Schonbraun
has been featured in
The Wall Street Journal, The New York Times, USA Today, Dow Jones News Service,
FOX News, Bloomberg Business News, Real Estate Forum, Real Estate New York,
Real Estate New Jersey, NJBiz and the
Star Ledger, among many other national and international publications.
Mr. Schonbraun holds a B.S. in Accounting and an M.B.A. in both Economics
and International Business. He has instructed at both the Graduate School
of Business at Columbia University and the Graduate School of Business
at Seton Hall University. He is a Certified Public Accountant in New York,
New Jersey and Florida.
“There is nothing more important in a community than quality healthcare.
Our family has long considered Saint Barnabas Medical Center THE quality
healthcare destination for our family,” noted Mr. Schonbraun. “I
could not be more pleased to continue to serve on the Board in my new
capacity as Chairman and look forward to help guide the future of this
extraordinary institution,” he continued.