Today, Huntington Hospital announced the retirement of Paul L. H. Ouyang as chairman of its board of directors, effective March 31, 2019. Current vice chair of the board of directors, Jaynie Studenmund has been appointed as the new chairman.
“Paul has contributed immeasurably to Huntington Hospital during his two decades of service on our board of directors,” said Lori J. Morgan, president and CEO, Huntington Hospital. “He has been a thoughtful and generous leader who has brought great integrity to the role. I wish him the best in this new chapter of life – it’s well earned.”
Paul joined Huntington Hospital’s board of directors in 1998 and has been a trustee of the Huntington Trust since 2002. During his time on the board, Paul advised the hospital on the construction of the West Tower, expansion of the emergency and trauma center, led the achievement to comprehensive stroke certification and helped the hospital build new relationships within the Chinese community.
Paul brought extensive business experience to Huntington Hospital’s board. He is the co-founder and president of the CareerArc Group and was the founder and president of The NTI Group and served as the CEO of Vivendi Universal Net USA.
Prior, he was the EVP/ COO/CFO of successful startups MP3.com and Tickets.com. Additionally, he was a managing director at KPMG and a vice president at J.P. Morgan. Paul served on several technology boards and received his BA from Amherst College and MBA from The Wharton School.
“It has been an amazing honor to serve as chairman of the board for Huntington Hospital and to be engaged in its vision to provide world-class, compassionate care to our community,” said Paul. “We have a very special board comprised of volunteers driven by passion and the privilege to serve the public good in a most meaningful manner. I’m truly proud of and grateful for all the thousands of folks; employees, physicians as well as community members and leaders who have contributed so much to our mission during my tenure. Huntington Hospital is the cornerstone for population health in our region. Thank you for the privilege to serve this wonderful community. Looking to the future, Jaynie Studenmund has been my board colleague for many years and I have great confidence that the board of directors will be in excellent hands.”
Jaynie Studenmund has been on the board since 1998 and was named a lifetime trustee in 2011. She has served on nearly every committee on the board and has recently chaired the quality, strategy, compensation, and CEO search committees.
Jaynie’s professional career spans nearly 40 years and combines management consulting, C-suite operating roles in financial services and digital companies, and extensive public and non-profit board service. Jaynie worked in banking for 20 years, where she was, in succession, the executive vice president and top executive for consumer banking for three of the nation’s largest banks, including First Interstate Bank. Following the consolidation in California banking, Jaynie joined the internet industry in the early days, working for two Pasadena Idealab companies. First, she served as the president & COO for PayMyBills, a leader in bill management, and next as the chief operating officer for Overture Services. Overture pioneered paid search and helped establish what is today the $60 billion search engine marketing (SEM) industry. Overture expanded from one to twelve international markets and grew to $1.2 billion before selling to Yahoo.
Since Overture, Jaynie has been a corporate director and advisor. Her current boards include CoreLogic and EXL Services, Forest Lawn and funds for Western Asset Management. Prior corporate boards include Orbitz, Lifelock, Pinnacle Entertainment, and eHarmony. Jaynie has always been active in the community, and in addition to Huntington Hospital, her current non-profit boards include Flintridge Prep and the Enduring Heroes Foundation. Jaynie has a BA in Economics from Wellesley College and a MBA from Harvard Business School.
“It has been a great privilege to work alongside Paul for so many years, and I’m thankful for his truly profound and lasting contribution to the hospital and the entire community,” says Jaynie. “I look forward to leading the board and working with Dr. Morgan and the executive management team to continue to bring the highest-level of health care to the community for generations to come.”
Paul’s retirement brings about two additional changes to the hospital’s board. Replacing Paul Ouyang as a lifetime trustee is Paul Johnson, who has served on the hospital’s board of directors since 2013. He is the managing director of Paul Conrad LLC, a strategic and operational advisory service for high potential mid-sized businesses, startups and investment groups.
In addition, board member Wayne Brandt will be replacing Paul Ouyang as the chair of the finance committee. Wayne joined the board in 2012 and was appointed as a lifetime trustee of the hospital in 2016. He is the managing director and national originations director of the real estate capital markets group at Wells Fargo Bank.