Capital BlueCross Names Michael Cleary Senior Vice President, CFO & Treasurer

HARRISBURG, Pa., Oct. 5 /PRNewswire/ -- Capital BlueCross announced today that Michael Cleary has been promoted to senior vice president, CFO & treasurer. Cleary previously served as vice president, Finance. He fills a position vacated last week when the company announced that Gary St. Hilaire had been promoted to president of Capital BlueCross.

Cleary joined the company in 1996, serving as vice president of Finance until today's promotion. Prior to joining the Finance team at Capital BlueCross, Cleary most recently worked seven years for Prudential Property and Casualty Insurance Company in New Jersey. He is a graduate of St. Joseph's University.

"Michael's wealth of knowledge and years of experience in finance will undoubtedly help Capital BlueCross continue its reputation as a company that makes sound financial business investments and as a result, is one of the most financially solvent Blues Plans in the country," said Bill Lehr, chairman and CEO. "The Board and our Senior Team realize how fortunate we are to have someone of Michael's caliber already engrained in our company and able to take over a key position."

Capital BlueCross is the leading health insurer in its region, providing health insurance coverage to residents in central Pennsylvania and the Lehigh Valley.

Capital BlueCross is committed to making health insurance simple for its customers and members through all the stages of life by offering nationally acclaimed customer service and a full range of innovative benefit programs for groups and individuals at competitive prices. Capital BlueCross received a high honor for its service by ranking highest in Member Satisfaction among all commercial health plans in the Pennsylvania Region, according to the 2010 J.D. Power and Associates National Health Insurance Plan Study. J.D. Power and Associates

By establishing a culture of caring, Capital BlueCross constantly strives to do more in order to deliver more for the men, women and children who depend on the company for their health insurance needs. Capital BlueCross has been providing health security to the people and communities of central Pennsylvania and the Lehigh Valley for more than 70 years and employs about 2,000 people in the region.

Headquartered in Harrisburg, Pa., Capital BlueCross is an independent licensee of the Blue Cross and Blue Shield Association.

More information about Capital BlueCross and its subsidiaries can be found by going to www.capbluecross.com.

SOURCE Capital BlueCross

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