Richard Samuel Egosi, age 54, passed away on November 13, 2016 from colon cancer. He was predeceased by his parents, Charles (Haim) Egosi and Lydie Egosi of Sag Harbor, both holocaust survivors, and his younger brother Yoram Egosi. He is survived by his wife, Sharon Egosi, his children Rachel, Joshua, Jeremy, Yael and Liora and his older brother Nathiel (Ana) of Dix Hills, N.Y. and Sag Harbor, and their children, David and Jennifer (Arthur). Mr. Egosi was raised in Sag Harbor attending Sag Harbor schools and a member of Pierson’s Class of 1980. He was co-owner of the Sag Harbor Inn, along with his brother Nathiel, who continues ownership, as well as other real estate holdings in the village. Mr. Egosi maintained a home in Sag Harbor (Redwood) where he enjoyed his hometown with his family and the company of his many friends. He was an avid golfer as well as an artist.
Mr. Egosi was a cum laude graduate of Clemson University, South Carolina, with a BS in Economics and a graduate of Emory University, Atlanta, Georgia, with a JD and MBA degree, earning the distinction of The Order of the Coif and served as a member of the Emory Law Review. Mr. Egosi went on to be a New York attorney as well as an Israeli attorney.
Mr. Egosi was the executive vice president, chief legal officer and company secretary for Teva Pharmaceuticals, a multinational pharmaceutical company. He also served as a member of the board of directors and on Teva’s executive committee where he oversaw all legal, compliance, and intellectual property and public policy functions for Teva. He worked both domestically and abroad for Teva Pharmaceuticals since 1995 holding his most recent position since 2010.
Throughout his 21-year tenure, he was a key contributor to Teva’s success in establishing the company as the world’s largest generic drug manufacturer and providing professional expertise, guidance and strategy to its over 40,000 employees. He successfully advanced the company’s acquisitions and expansions into Europe and the US while also driving patent challenges, settlements, launches at risk or creatively executing in other ways to bring in profits through legal initiatives.
He was active in the Lubavitch of Montgomery County, PA, as well as the Chabad of East Boca Raton, FL. A staunch supporter of Israel, he organized and chaired numerous fund-raising events for charitable organizations include the Rabin Medical Center in Israel.