Community and family have been a central focus for C. Allan Rosar.
Currently the chairperson of the Reid Foundation Board, Rosar is beginning his third three-year term on the Foundation board.
"Allan's experience and vision in long-term investment strategies have been invaluable to the Reid Foundation," said Randall Kirk, Foundation President. "Allan's expertise w ill be a good resource for the governing board as well."
From 1974 to 1999, Rosar was a board member of First National Bank in Richmond, which in 1987 sold to Bank One. Rosar is active on the Wayne County Foundation Board, where he is chairman of the investment and grants committee, w ith the Richmond-Wayne County Chamber of Commerce, and the First English Lutheran Church in Richmond.
His family includes his wife, Miriam (Kaeuper), a graduate of Miami University in nearby Oxford, Ohio, three daughters, Sarah, Sharon and Carrie, all who live in Indianapolis. Sarah and her husband, Mike Burnham, are the parents of the Rosars' two grandchildren, ages 5 and 2.
Seeking solutions to improve manufacturing processes equals a lifetime
of work for C. Allan Rosar, one of Reid Hospital & Health Care Services
newest board members. Now he hopes he can apply that experience to the
health care setting.
Rosar has served six years on Reid's Foundation board, which oversees charitable giving for the hospital.
"The next eight to 10 years in health care are not going to be easy," Rosar noted. "When hospitals face un-funded federal mandates and continuing cuts in reimbursement, it is going to be a problem."
Additionally, he noted, the health care industry in general has not been good at increasing productivity.
We need to apply value engineering to systems development, making sure that what we do is necessary. We should ask ourselves: Is this job necessary? And if it isn't, eliminate it. "
Reid Hospital is on the right track, Rosar said. "We are in a position to weather the storm. We are financially sound and don't seem to be experiencing the nursing shortages other hospitals are facing."
A Richmond native and Richmond High School graduate, Rosar earned a bachelor's degree in industrial engineering in 1962 from Lehigh University, Bethlehem, PA.
He then returned to Richmond to join the family business, which manufactured its own brand of farm machinery, including tillage toolsand front-end loaders. The company also produced equipment for larger farm machinery companies such as John Deere and International Harvester. After 20 years with the company, and a myriad of consolidations among the larger farm machinery companies, the family decided in 1982 to sell the company. At that time, Rosar was president and CEO of the firm.
"I enjoyed manufacturing and manufacturing problems," Rosar said. In 1979, while still in the farm machinery business, he formed Productivity Corp., which provided contract manufacturing services. He worked with Richmond businessman Ray Imperial to develop manufacturing thresholds for his company. In another venture, the company manufactured large outdoor advertising billboards. This division was sold to a partner, John Odom, who formed Productivity Fabricators to continue this product line here in Richmond.
He also was involved in a variety of investment projects from "apartments in Texas to submarines in Hawaii," he said.
"My interest in serving on the Reid Foundation board was primarily because of my financial background," Rosar said. "I hope now to be able to apply that knowledge as well to hospital operations plus offer my business experience toward solving problems, whether it is sparring with government or addressing productivity."