Blues executive Carolynn Walton to receive Michigan Chronicle Women of Excellence award

February 19, 2010

DETROIT - The Michigan Chronicle will award Carolynn Walton, vice president and treasurer of Blue Cross Blue Shield of Michigan, for her outstanding leadership and achievements. Walton is one of 53 local African-American women that have been named the Michigan Chronicle's Women of Excellence for 2010. These women will be honored at a "High Tea" event hosted by the publication today at the Max M. Fisher Music Center in Detroit.

"I feel honored to be named a part of this prestigious group of African-American women," said Walton. "Throughout my career I have been fortunate to work with amazing people and achieve great success. This would not be possible without the company-wide support, hard work, and dedication of my fellow Blues teammates. Every day they inspire me to accomplish my goals."

The Michigan Chronicle Women of Excellence Awards celebrates local African-American women who inspire others through their vision and leadership, exceptional achievements, and participation in community service. Walton was selected from hundreds of nominees and has joined a group comprised of the Metro Detroit area's most influential women.

"The Michigan Chronicle congratulates Carolynn for her contributions to the region, to the community, and to the business world," said Sam Logan, publisher for the Michigan Chronicle. "She truly embodies virtues of excellence, self-confidence, and dignity."

Walton has worked for the Blues since 1996. As vice president and treasurer she is responsible for managing the company's and subsidiaries' investment portfolios, financing and investment options for the company's pension plans, 401(k) plan and deferred compensation plan. Walton is a member of a variety of associations including the Michigan Association of Certified Public Accountants and National Association of Black Accountants. She also serves on a number of boards including the Charles H. Wright Museum of African American History Board of Directors and Michigan Women's Foundation Investment Committee.

Blue Cross Blue Shield of Michigan, a nonprofit organization, provides and administers health benefits to 4.7 million members residing in Michigan in addition to members of Michigan-headquartered groups who reside outside the state. The company offers a broad variety of plans including: Traditional Blue Cross Blue Shield; Blue Preferred®, Community Blue℠ and Healthy Blue Incentives℠ PPOs; Blue Care Network HMO; BCN Healthy Blue Living℠; Flexible Blue℠ plans compatible with health savings accounts; Medicare Advantage; Part D Prescription Drug plans, and MyBlue℠ products in the under-age-65 individual market. Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association. For more company information, visit bcbsm.com.

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