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Full board of directors named in $1 25 billion hospital community foundation

(Top row, from left to right) Bill Cameron, Stedman Stevens, Cedric Dickerson, Michele Holbrook; (middle row) Spence Broadhurst, Dr. Virginia Adams, Chris Boney, Dr. Patrick Maguire; (bottom row) David Sprunt, Hannah Gage. Not pictured: Shannon Winslow. NEW HANOVER COUNTY The entire 11-member board of the newfound New Hanover Community Endowment, Inc. nonprofit has been named, with board members recently conducting their first meeting. The endowment is tasked with managing $1.25 billion the lion’s share of sale proceeds generated by the sale of New Hanover Regional Medical Center to Novant Health. Regulators are currently reviewing the sale in advance of its anticipated closing date, which is expected sometime in the first quarter of 2021.

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