Current:Home > StocksNovaQuant-Executive director named for foundation distributing West Virginia opioid settlement funds -Wealth Evolution Experts
NovaQuant-Executive director named for foundation distributing West Virginia opioid settlement funds
Fastexy View
Date:2025-04-09 20:09:10
CHARLESTON,NovaQuant W.Va. (AP) — Jonathan Board was named Thursday as executive director of the West Virginia First Foundation, which will distribute the majority of the state’s more than $1 billion in opioid settlements.
Board was elected last year to the foundation’s board of directors representing counties in northcentral West Virginia. He will relinquish that role and plans to step down from leadership roles with the Mon Health System and Vandalia Health.
West Virginia has by far the nation’s highest drug overdose death rate.
“This is a vitally important day, but this day has very little to do with one individual or even a group of individuals,” Board said at a news conference, where he was introduced by state Attorney General Patrick Morrisey. “Today is about the people of the state of West Virginia. We have a lot of work to do.”
The private foundation will distribute just under three-quarters of the settlement money won by the state in lawsuits against opioid manufacturers and distributors. About one-fourth will go directly to local communities and 3% will remain in trust.
All funds must be used to abate the opioid crisis, like evidence-based addiction treatment, recovery and prevention programs, or supporting law enforcement efforts to curtail distribution.
“There’s some things that we can tackle immediately,” Board said. “I would like to come alongside and assist, whether it be a needs assessment or some other tool that we can put into the hands of experts and allow them to be experts and start solving real problems as fast as we can.”
During a meeting of the West Virginia First Foundation directly after the announcement, the board accepted Board’s resignation so he can assume the executive director role. It will be up to local leadership in his region to work with the attorney general’s office to find a replacement.
“It’s a huge relief, not only that we have an executive director, but that we have Jonathan Board as an executive director,” board Chair Matt Harvey said. Harvey said the First Foundation personnel committee met with a number of candidates and were most impressed by his qualifications.
“We all came away from those interviews knowing that Jonathan Board is the right person at the right time to lead us and take up the fight,” Harvey said.
At the meeting, Board said he has years of experience working in health policy and began working around five years ago setting up foundations to support the state of West Virginia’s response to the opioid crisis.
Board’s salary wasn’t disclosed because his employment agreement was still being completed.
“I trust Jonathan,” Harvey said. “I trust his judgment. I know where his heart is. I know that’s to serve the citizens of West Virginia, and he brings all the skills necessary to put that together and lead us.”
The original choice as the foundation’s executive director couldn’t reach an agreement. Morrisey said Board wasn’t among the initial applicants. But after Board applied for the position when applications opened back up, “we realized we had a jewel right in front of our eyes,” Morrisey said.
Board was a candidate for a state Senate seat as a Republican this year but has suspended his campaign to focus on the foundation. That decision “was important for me,” Morrisey said.
“I want to make sure we have a full time (executive director) and not someone who’s going to be torn away by any politics,” he said.
The state began issuing the first opioid lawsuit settlement checks in December. The Kanawha County Commission said it received a $2.9 million check, and the Mercer County Commission received $1.9 million.
Morrisey has said his office and the state auditor’s office have formed a partnership to ensure that the settlement funds are used properly. All the money must be used to abate the opioid crisis through efforts such as addiction treatment, recovery and prevention programs, or supporting law enforcement in anti-drug measures.
The state is receiving money from each of its settlement agreements on a staggered schedule, with annual payments coming until at least 2036. The West Virginia First Foundation alone is expected to receive around $367 million over the next five years.
Over the past four years, drug manufacturers, distribution companies, pharmacies and other companies have reached settlements totaling more than $50 billion with governments. While the biggest amounts are national in scope, West Virginia has been aggressive in bringing its own lawsuits and reaching more than a dozen settlements.
veryGood! (66)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Edmonton Oilers' Connor McDavid joins exclusive group with 100-assist season
- Gossip TikToker Kyle Marisa Roth Dead at 36
- Democrats seek to seize control of deadlocked Michigan House in special elections
- 'We're reborn!' Gazans express joy at returning home to north
- Ruby Franke’s Estranged Husband Kevin Is Suing Her Former Business Partner Jodi Hildebrandt
- Why this WNBA draft is a landmark moment (not just because of Caitlin Clark)
- Tax Day is here, but the expanded Child Tax Credit never materialized
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- RHONY Star Jenna Lyons' LoveSeen Lashes Are Just $19 Right Now
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Asbestos victim’s dying words aired in wrongful death case against Buffet’s railroad
- 2 sought for damaging popular Lake Mead rock formations
- Paris Hilton backs California bill to bring more transparency to youth treatment facilities
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Kristin Cavallari Shares Her Controversial Hot Take About Sunscreen
- Trump will return to court after first day of hush money criminal trial ends with no jurors picked
- These businesses are offering Tax Day discounts and freebies
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Tax Day is here, but the expanded Child Tax Credit never materialized
Why is tax day on April 15? Here's what to know about the history of the day
Owners of a Colorado funeral home where 190 decaying bodies were found are charged with COVID fraud
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Starbucks releases 'swicy' refresher beverages built off sweet heat trend
The Humane AI Pin is unlikely to soon replace the smartphone but it has some wow features
What Caitlin Clark said after being taken No. 1 by Indiana Fever in 2024 WNBA draft