Business Briefs

Louisville Collegiate School Names Robert P. Macrae, Ed.D., New Head Of School

Louisville Collegiate School has announced the appointment of Robert P. Macrae, Ed.D. as next head of school effective July 1, 2019. Dr. Macrae will be Collegiate’s 15th head of school. He succeeds interim Head of School Geoff Campbell. Campbell, former associate head of school, was appointed to serve as interim for the 2018-2019 school year following the departure of Dr. James Calleroz White, head of school from 2013 to June 2018.

Robert P. Macrae, Ed.D.

Dr. Macrae brings more than 30 years of experience in independent school leadership to Collegiate, including 14 years of experience in head of school positions at Cincinnati Country Day School and New Canaan Country School.

“Lynn and I are absolutely thrilled to be joining the Louisville Collegiate School community,” said Macrae. “It is a tremendous honor to be invited to serve as head of school. I was impressed with the close-knit community I met while visiting. The students are strong advocates for Collegiate and are incredibly welcoming. The teachers are creative, hard-working and develop lasting relationships with the students. The parents have a great partnership with the school, which creates an ideal environment for students to learn and grow. There is so much good work to be done at Collegiate and I can’t wait to get started.”

A lifelong educator, Dr. Macrae earned his bachelor of arts in economics and mathematics/computer science from Wesleyan University and a master of arts in educational administration from Teachers College – Columbia University. 

Dr. Macrae’s appointment comes after an extensive 11-month search, directed by a parent-led search committee and the school’s search partner, Diversified Search. The committee sought the input of students, parents, faculty, administrators and alumni in selecting the candidate.

Louisville Collegiate School is a JK-12, co-ed independent day school located in the historic Highlands neighborhood of Louisville, Kentucky. For more information, visit

Hilliard Lyons Ends Fiscal Year 2018 With Record-Setting Growth

Hilliard Lyons is celebrating record-setting growth this month after the close of its fiscal year on Sept. 30. As of that date, the regional wealth advisory firm based in Louisville reports $51 billion in total assets, up six percent from fiscal year 2017. That number includes $10 billion in advisory assets – up 22 percent year over year – and $10.8 billion in Hilliard Lyons Trust Company assets, a 15 percent increase from fiscal 2017.

“This past fiscal year has been very gratifying for Hilliard Lyons,” said Jim Allen, CEO of Hilliard Lyons.  “Of course, we benefited from a rising market. But we would not be where we are without the hard work of our wealth advisors, their client service associates and the home office staff that supports them. We are also grateful for the many thousands of clients who entrust us with helping to realize their financial vision.”

In addition to record asset growth, Hilliard Lyons saw significant growth in recruiting in fiscal 2018. During the 12 months ended Sept. 30, Hilliard Lyons added 27 new wealth advisors, bringing the total of wealth advisors across the firm’s 12-state footprint to 383. Three-fourths of that activity was in the last six months of the fiscal year when 20 new advisors joined Hilliard Lyons’ roster.

Allen attributes this successful recruiting year to decisions designed to foster loyalty among advisors, including joining the Broker Protocol, an industry agreement in place since 2004 that prevents employers from taking legal action against wealth advisors who take their book of business with them to a new firm. In addition, a new management structure introduced in fiscal 2018 includes the promotion of Randy Morris, SVP, to the position of director of wealth advisor recruiting and a network of regional directors charged directly with encouraging growth at the branches within their regions.

“One thing all of our wealth advisors have in common – whether they are new recruits or seasoned industry veterans – is the desire to produce the best possible results for clients,” said Allen. “Giving our wealth advisors the support they need to best serve their clients makes Hilliard Lyons a destination of choice for advisors seeking the flexibility that a regional firm can offer.”

Hilliard Lyons also opened three new branches this year – in Akron, Ohio, and Cranberry Township and Washington, Pennsylvania (both near Pittsburgh) – with client assets of over $600 million. In addition, both the Nashville, Tennessee, and Asheville, North Carolina, branches expanded significantly. Both expansions made it necessary to move those branches to larger quarters. Asheville’s expansion included the onboarding of two wealth advisor teams managing approximately $390 million in client assets. The Nashville expansion included the lift-out of six advisors and seven investment bankers and analysts from Avondale Partners, LLC.

Baptist Health achieves goal with ‘Most Wired’ recognition

Baptist Health has achieved a long-held goal with its recognition as one of the nation’s “Most Wired” hospital systems, according to the College of Healthcare Information Management Executives (CHIME) Healthcare’s Most Wired survey.

The award announcement will appear in the November issue of Hospitals & Health Networks magazine. Only 254 hospital systems earned the recognition this year, including two in Kentucky and five in Indiana.

This is the third year that the eight-hospital system has been honored for its use of technology to improve communication with and service to patients – from scheduling appointments to sending secure messages to patients about their results and protecting against threats such as ransomware.

“I am thrilled for this recognition for Baptist Health because of the testament it gives to the commitment, teamwork and dedication of all involved to adopt new technology ever mindful of our purpose of taking excellent care of our patients,” said Tricia Julian, Baptist Health’s chief information officer.

In October 2015, Baptist Health began rolling out its electronic health records system to its physician offices and hospitals. Baptist Health worked with Epic Systems, used by some of the nation’s largest health systems for electronic health records. All Baptist Health hospitals, outpatient centers in Kentucky are now using Epic, plus all Baptist Health Medical Group offices. Rollout of the electronic health record to Baptist Health Floyd will begin next year.

“Healthcare IT has the potential to revolutionize care around the world, but to meet that potential it must be used strategically,” said Russell Branzell, president and CEO of CHIME. “The technology is important, but leadership and a strategic vision are equally important. The diversity of the organizations that earned Most Wired status this year shows quality care can be achieved almost anywhere under the right leadership. By sharing the best practices in Most Wired, we hope quality care will one day be available everywhere.” 

HealthCare’s Most Wired, now in its 20th year, traditionally tracked the adoption of healthcare IT in hospitals and health systems. CHIME took over the Most Wired program and revised the survey questions and methodology this year to highlight strengths and gaps in the industry. The goal is to identify best practices and promote the strategic use of healthcare IT to elevate the health and care of communities around the world.

For a full list of winners, visit