Blue Cross and Blue Shield Association, Chicago, will replace Ronald Schmitz, its former director of benefits financing, but who is hired will depend on possible changes at the organization, said Jamey Sharpe, manager of investments.
Blue Cross and Blue Shield as a whole may consolidate some of its investment management functions, Mr. Sharpe said. That decision will help determine the type of qualifications they'll seek in replacing Mr. Schmitz, who joined the Illinois State Board of Investments as CIO.
