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J. Steven Price has been appointed to the University of Utah’s Board of Trustees, effective July 1.

By Maria O’Mara, director of communications, University of Utah

J. Steven Price has been appointed to the University of Utah’s Board of Trustees, effective July 1.

Price is the founder of Price Realty Group, which has developed, acquired and actively manages approximately 2.5 million square feet of industrial, distribution and manufacturing real estate. The company’s portfolio includes local, national and international tenants in the life and bio sciences, information technology, aerospace, defense, transportation, supply chain logistics, e-commerce and outdoor recreation sectors of the economy.

“Steve’s understanding of our community and commitment to its success is second to none,” said David W. Pershing, president of the University of Utah. “We welcome his leadership and insight in the governance of our institution and the service we provide to our students.”

Price serves on the boards of the John and Marcia Price Family Foundation, EDCUtah, World Trade Center Utah, Utah Olympic Winter Game Exploratory Committee, Salt Lake City Police Foundation and the Utah Sports Commission, where he served as the past chairman. He has been an active member of the Young Presidents Organization since 1996 and the Utah World Presidents Organization since 2013. He has served the local community in various capacities including coaching youth soccer and baseball since 1993. Price is also a key partner in the current renovation project establishing a community center for the Utah Tibetan Association.

Price attended the University of Utah, where he was a member of the Sigma Chi fraternity. Price moved to California in order to work in the family media business and graduated from California State University with a bachelor’s degree in organizational communications. Three of his five children are U alumni. He has been actively engaged in the university through volunteer leadership positions with the David Eccles School of Business, Health Science Advocates and the President’s Club committee.

“My family and I have strong legacy connections and involvement with the university and are truly invested in its success, now and in the future,” said Price. “It’s an honor to work alongside the other trustees who have dedicated their time and energy to the university community.”

Price is replacing David Huntsman, who announced earlier this year he would resign to serve as a mission president in Washington, D.C. for The Church of Jesus Christ of Latter-day Saints.