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WellPoint adds power executive Hay to board

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Health insurer WellPoint Inc. has named power company executive Lewis Hay III to its board of directors after announcing earlier this month that three members had resigned for personal reasons.

The Indianapolis-based Blue Cross Blue Shield coverage provider said Wednesday that Hay's term will be effective July 1. He serves as executive chairman of Juno Beach, Fla.-based NextEra Energy Inc. but will retire at the end of this year. He was CEO of that company from 2001 through last year.

Hay also serves on the boards of Capital One Financial Corp. and Harris Corp.

WellPoint, the nation's second-largest health insurer, said May 13 that three long-standing board members — Sheila P. Burke, Dr. Lenox D. Baker Jr. and Susan B. Bayh — had left the board but did not resign due to disagreements or disputes with the company.

The health insurer's stock fell 42 cents, to $78.30 per share, in Wednesday morning trading, while the Standard & Poor's 500 index also slipped less than 1 percent.

The shares are still trading near their 52-week high price of $79.58, which they reached a week ago.

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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