|
|
|
If Images are not displayed, they
can be seen at UnityFirst.com by clicking on "Unity First this week" on the main page
|
|
|
---African American CEO in Boston, Cleve Killingsworth, resigns from Blue Cross Blue Shield of Massachusetts---The Board of Blue Cross Blue Shield of Massachusetts (BCBSMA) announced that it has accepted the resignation of President and Chief Executive Officer Cleve Killingsworth effective March 15th. Killingsworth will remain available to the company as needed to ensure a smooth transition. Killingsworth joined BCBSMA in February 2004 as President and Chief Operating Officer after 30-plus years in the health care industry. He became CEO in July 2005. "It's been an honor and privilege to work with such a talented group of people who are deeply committed to improving the quality and affordability of health care," Killingsworth said. "I look forward now to moving the discussion of quality and affordability to a national level, where I believe my experience can be of value." Blue Cross Blue Shield of Massachusetts provides coverage to more than 3 million members, 2.5 million in Massachusetts. Killingsworth is a founding member of the Executive Leadership Council—an independent, non partisan, non-profit corporation in Washington, D.C., that provides African-American executives with a leadership advisory forum on business, economic, and public policy issues. Click here for more detail. |
|
Business World Index ---Congressional Black Caucus and the White House--- ---Updated Report on Racial Economic Inequality Now Available in Spanish---United for a Fair Economy announced that its annual report on racial economic inequality is now available in Spanish. The report, State of the Dream 2010: Drained - Jobless and Foreclosed in Communities of Color examines racial economic disparities in a range of areas including foreclosures, poverty, income and wealth. Newly updated data in the report shows that people of color are experiencing a disproportionate share of the layoffs and foreclosures amidst the current recession, deepening inequalities that existed prior to the recession. "Unemployment statistics continue to indicate that broad-based economic recovery policies just aren't reaching those who need it most, including people of color," said Brian Miller, Executive Director of UFE and a co-author of the report. "Our report contains ample evidence to conclude that without targeted policies we will never reduce the wide gaps of income and wealth between races." Co-author of the report, Jeannette Huezo said, "Latinos and Blacks are earning on average 68 cents and 62 cents for every dollar earned by white workers," notes. "When the bills are paid, Latinos only have 12 cents and Blacks only have a 10 cents for every dollar of white wealth. It's like being on an economic treadmill – without a targeted recovery strategy, they'll never catch up, and more will continue to fall off completely." ---'Race in America'--- ---Hispanic Investment Conference--- |