News Release
May 15, 2006
New Foundation Board directors announced
INDIANAPOLIS – Lumina Foundation for Education announced today the election of Michael L. Smith, Indianapolis, and Albert Yates, Ph.D., Fort Collins, Colo., to the Foundation Board of Directors. Smith and Yates were elected at the board’s annual meeting on April 27, 2006.“Mike Smith has a superior record of leadership in business and philanthropy in Central Indiana, and Al Yates has been an exemplary state and national leader in higher education,” according to Martha D. Lamkin, Lumina Foundation's president and CEO. “Both will play important leadership roles in the Foundation’s work on student access and success in postsecondary education. Their collective experience in business, higher education, and philanthropy will strengthen our work,” added Lamkin.
Lamkin also announced the retirement of founding Chairman, Edward A. McCabe. A Washington-based attorney during his professional career, McCabe championed student access issues for almost five decades. “His vision, dedication and compassion have helped expand access and success in higher education, especially for underserved students,” stated Lamkin.
About Michael L. Smith
Before retiring in January 2005, Michael L. Smith held a variety of executive leadership positions at Anthem, Inc., and its subsidiaries, Anthem Blue Cross and Blue Shield, including executive vice president and chief financial officer, senior vice president and CFO of Anthem Blue Cross and Blue Shield’s operations in the Midwest and Connecticut, and president, Anthem National Accounts. His retirement in early 2005 followed the merger of Anthem and WellPoint Health Networks, Inc.
Smith serves on numerous business and civic boards of directors, including First Indiana Corporation and its principal subsidiary, First Indiana Bank; the Central Indiana Community Foundation; and The Indiana Humanities Council. He also serves as an adviser to Beecken Petty O’Keefe Fund II, L.P., a private equity fund focused on healthcare investments.
About Albert C. Yates
Before retiring in August 2003, Albert C. Yates served as president of Colorado State University for 13 years, completing a 35-year career as a professor and college administrator.
Yates has served in numerous academic, business and civic leadership positions, including the Executive Committee on Academic Affairs, American Council on Education; Board of Directors, Federal Reserve Bank of Kansas City-Denver Branch; and the Board of Trustees, Rose Community Foundation. He has received numerous honors and awards for his service to higher education.
About Lumina Foundation
Lumina Foundation for Education, an Indianapolis-based, private, independent foundation, strives to help people achieve their potential by expanding access and success in education beyond high school. Through grants for research, innovation, communication, and evaluation, as well as policy education and leadership development, Lumina Foundation addresses issues that affect access and educational attainment among all students, particularly underserved student groups, including adult learners. The Foundation bases its mission on the belief that postsecondary education remains one of the most beneficial investments that individuals can make in themselves and that society can make in its people.
For more information, contact Dollyne Sherman, director of communication, at 317.951.5493.
