Phyllis R. Yale was elected to the Blue Cross Blue Shield of Massachusetts Board in 2012 and was elected Chair in 2014. As a Director, Ms. Yale helps set the company’s strategy and overall direction. Within a highly competitive and highly regulated business environment, the Board oversees and governs BCBSMA's operations, which includes the provision of health coverage to individuals and public and private employers. Ms. Yale serves on the Board’s Finance and Business Performance Committee, Corporate Contributions Committee, Governance Committee and Human Resources Committee.
Ms. Yale is an Advisory Partner in Bain & Company’s Boston office. She joined the firm in 1982 and was elected to the partnership in 1987. Ms. Yale has been a leader in building Bain’s health care practice for over 30 years. She has served in a number of leadership roles at Bain, including Chair of the Worldwide Compensation and Promotion Committee, Chair of the Nominating Committee, and member of the firm’s Management Board. She ran Bain’s Boston office, the largest in the Bain system, as well as the entire East Coast, for six years. Prior to joining Bain, Ms. Yale was a commercial lending officer at Citibank.
Previously she has served on the Boards of NeighborCare, Pediatric Services of America, the United Way of Massachusetts Bay, Value Options, Inc., Lexington Montessori School and the Planned Parenthood League of Massachusetts. She currently serves as Chair of Kindred Healthcare, Inc. Ms. Yale also serves on the Boards of National Surgical Hospitals, Inc., DaVita, Inc., The Bridgespan Group and Cradles to Crayons. She also serves on a number of advisory boards, including the Advisory Board for the HBS Healthcare Initiative, the Harvard Chan School’s Health Policy and Management Executive Council and the Advisory Council for Alegeus Technologies. Ms. Yale also serves as a member of the Strategic Planning Committee of Trustees of Reservations.
Ms. Yale was named by Working Mother magazine as one of the top 25 working mothers in 1999 and was given a Lifetime Achievement Award by Consulting Magazine in 2012.
Ms. Yale earned a Master of Business Administration degree from Harvard Business School and is a graduate of Harvard and Radcliffe Colleges where she received a Bachelor of Arts degree in Economics.