Advisory Partner, Bain and Company, Inc.; Director, Bristol Myers Squibb, DaVita, Inc., Blue Cross Blue Shield of Massachusetts, and The Trustees of Reservations; Member, WCD Boston (United States)
Phyllis Yale currently serves on the boards of Bristol Myers Squibb (NYSE:BMY), Blue Cross Blue Shield of Massachusetts, and DaVita Healthcare (NYSE:DVA). Previously she chaired the boards of Kindred Healthcare, Inc (NYSE:KND) and Blue Cross, and served on the boards of privately-held National Surgical Hospitals and Value Options, Inc., as well as NeighborCare (NASDAQ), and Pediatric Services of America (NASDAQ). She has extensive experience on Compensation, Governance, Compliance, and Finance Committees, and has been involved in a number of major transactions.
She is engaged with a number of start-ups through their advisory boards, including HeroHealth (tech enabled service for medication management), Tomorrow Health (DME disruptor), and Alegeus, Inc. (technology for health savings accounts). She serves on the Advisory Board for the HBS Healthcare Initiative, and the Executive Council of the Health Policy Management Department at the Harvard Chan School of Public Health. Previously, she led an employer coalition to address health care costs in Massachusetts.
She has also served on a number of non-profit boards, including The Bridgespan Group, The Trustees of Reservations, The United Way of Massachusetts Bay, Cradles to Crayons, Planned Parenthood League of Massachusetts, and others.
Phyllis Yale is an Advisory Partner in Bain & Company’s Boston office. She joined the firm in 1982 and was elected to the partnership in 1987. Ms. Yale has been a leader in building Bain’s health care practice for more than 35 years. Over her career, she has worked with healthcare payers and with providers across the continuum of care, and she frequently advises the world’s leading private equity firms on their investments in the health care sector.
She held a number of leadership roles at Bain, including serving on the firm’s Management Board, chairing the worldwide Compensation and Promotion Committee, and chairing the Nominating Committee. She ran Bain’s Boston office, the largest in the Bain system, as well as the entire East Coast. She now works part-time for Bain & Company, and devotes all of her Baintime to client work.
Ms. Yale was awarded a Lifetime Achievement Pinnacle Award by the Boston Chamber of Commerce, a Lifetime Achievement award by Consulting Magazine, and was named by Working Mother magazine as one of the top 25 working mothers. She has published articles in the Harvard Business Review and in Vivo, among other publications, and is a frequent speaker at industry conferences, including several times at The World Economic Forum’s annual meeting in Davos. Prior to joining, Bain Ms. Yale was a commercial lending officer at Citibank. She earned an MBA from Harvard Business School with honors and is a graduate of Harvard and Radcliffe Colleges where she received a Bachelor of Arts degree in Economics magna cum laude.