Currently retired, Richard Papalian has been President and CEO of Papalian Capital Partners, Inc., a privately held real estate investment and development firm. He served as CEO of Sionix Corporation (SINX.BB), a publicly traded water purification technology company and Co-President and COO of JRK Asset Management Inc., a private owner and operator of hotels and multi-family housing complexes throughout the United States. Previously, from 1977 to 1994, Richard was founder and CEO of The Promotion Agency, Inc., a marketing consulting/sales promotion agency with international clients. Papalian currently serves as treasurer and board member of the St. Nersess Armenian Seminary, as Chair of the Diocesan Council and has served as the co-chairman of the Building Committee for the St. Gregory Armenian Church in White Plains, N.Y., and on the Building and Operations Committee for the Armenian Genocide Museum and Memorial in Washington, DC.

Papalian holds a Bachelor of Science in Economics, magna cum laude, from The Wharton School of the University of Pennsylvania in Philadelphia, Pa. and lives in Greenwich, Conn. with his wife Dawn. They are members of St. Gregory Armenian Church in White Plains, N.Y..