SIMI VALLEY, Calif., May 24, 2017 /PRNewswire-USNewswire/ -- "It is with great sadness I share news of the passing of our dear friend and trustee, Jerry Perenchio," said Frederick J. Ryan, Jr., chairman of the Board of Trustees of the Ronald Reagan Presidential Foundation and Institute. "All of us who have had the privilege of working with Jerry over the years on the Reagan Foundation board know of his extraordinary generosity and the crucial role he played as a trustee along the way. He was a dear friend, wonderful neighbor and devoted supporter of President and Mrs. Reagan for many years. We will miss his steadfast support and wisdom on countless important issues that have come before the board. We will always remember his kindness. He was a remarkable and caring man."

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SOURCE Ronald Reagan Presidential Foundation