Seasoned financial executive Paula A. Price has also been elected as a new Board member.
"We are excited about the addition of Paula
to our Board given her three decades of financial expertise," Dreyfus added.
The election of Ms. Yale as Chair and the addition of Ms. Price
demonstrate BCBSMA's commitment to creating a diverse and inclusive environment to serve its nearly 3 million members.
Paula A. Price has been appointed full-time Senior Lecturer at Harvard Business School in the Accounting and Management Unit starting July 2014.
She served as Executive Vice President and Chief Financial Officer of Ahold USA until January 2014, having joined the company in 2009.
was responsible for the company's U.S. finance, shared services, strategy and planning, real estate development and construction, format, and technology functions.
Ms. Price transformed the financial organization and led programs that delivered hundreds of millions of cost savings through process efficiencies and simplification, enabling the company to reinvest in major strategic initiatives.
Ms. Price served as Senior Vice President, Controller and Chief Accounting Officer of CVS Caremark Corporation from 2006-2008.
Prior to that role, she held senior leadership positions at JPMorgan Chase & Co.; Prudential Financial, Inc.; Diageo plc; Kraft Foods, Inc.; Sears, Roebuck & Company; and Arthur Andersen LLP.
Ms. Price currently serves on the board of directors of the Financial Guaranty Insurance Company as well as Accenture plc, and the board of overseers of the Museum of Fine Arts, Boston.
Previously, she served on the board of directors of Charming Shoppes, Inc., and board of trustees of Newton-Wellesley Hospital.
Ms. Price earned an MBA from the University of Chicago Booth School of Business and a Bachelor of Science in Accounting from DePaul University.
She is a Certified Public Accountant.