Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, May 21, 1993 TAG: 9305210290
SECTION: BUSINESS PAGE: A-5 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
J. Wade Gilley, president of Marshall University and a former Virginia educator, is the first member of a new corporate advisory council chosen to help the Alleghany Highlands Economic Development Authority.
State Sen. Malfourd "Bo" Trumbo, R-Fincastle, said the council will help the authority generate business interest in the Alleghany County area, effective July 1. The group of 15 to 20 people is expected to meet once a year, but it will help with business contacts and marketing on a regular basis.
Trumbo has invited business leaders from across the nation to join the council. Gilley is a native of Fries and a former Roanoke resident, president of Wytheville Community College and senior vice president of George Mason University. - Staff report
N.Y. Blues loses its chief executive
ALBANY, N.Y. - The chief of Empire Blue Cross and Blue Shield, the nation's largest nonprofit health insurer, resigned Thursday after months of battling critics over his management and the company's financial problems.
Albert Cardone, who earned $600,000 a year as chairman and chief executive officer, was replaced by two executives. The company operates only in New York state, insuring more than 8 million people.
Cardone, 58, agreed to step down following a meeting Wednesday of Empire's board of directors. In a statement, he said he wanted to "pursue other interests and spend more time with my six daughters and their families." - Associated Press
Briefly . . .
\ A small business development center will open at 10 a.m. June 11 at Virginia Highlands Community College in Abingdon. Robert D. Smith, state director of state Small Business Development centers, will speak.
\ Rovir Corp., a public relations firm specializing in media relations, special events and crisis communications, has been formed by Robert W. Klumpp. The company expects to open offices in July in downtown Roanoke's Dominion Bank Building and to operate a branch office in Tampa, Fla. Klumpp, president of the new firm, formerly was regional vice president of Virtec Corp., a Canadian venture capital firm, and president of Lassitter & Associates of Montreal, a marketing company.
\ Greensville County in Southside will be the fourth locality to receive a shell building under a state Department of Economic Development loan program. Carroll and Halifax counties and Waynesboro were the first three. The county will get a $943,430 loan for a 55,000-square-foot building.
by CNB