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VelocityTX Strategic Update – August 2026
Appointment brings more than 30 years of financial leadership to nonprofit advancing health research for Veterans SAN ANTONIO (November 10) — The Foundation for Advancing Veterans’ Health Research (FAVHR) announced today the appointment of VelocityTX Chief Financial Officer Rick Hernandez to the organization’s Board of Trustees, where he will serve as treasurer. Based in San Antonio, FAVHR is an independent nonprofit affiliated with the South Texas Veterans Health Care System and the Audie L. Murphy Memorial Veterans’ Hospital. The organization supports and administers research and education programs conducted through VA, helping investigators access funding and partnerships beyond traditional VA research channels to advance new approaches to Veteran health care. “Rick brings a combination of financial expertise, nonprofit leadership and a strong understanding of San Antonio’s research and innovation community,” said Alicia Swan, PhD, Chair of the FAVHR Board of Trustees. “That experience will be invaluable as we continue supporting the researchers and programs working to improve health outcomes for Veterans. We are pleased to welcome Rick to the board and look forward to his leadership as treasurer.” Hernandez brings more than 30 years of financial executive experience spanning Fortune 500 public companies, private equity-backed startups, and nonprofit organizations. He joined the VelocityTX leadership team […]
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