Business Briefs: Unum names McCarthy COO

Business Briefs: Unum names McCarthy COO

December 17th, 2011 Staff and Wire Reports in Business Diary

Unum names McCarthy COO

Chattanooga-based Unum Group on Friday announced that Kevin P. McCarthy will become chief operating officer of the company Jan. 1.

He will take his new job for the insurer in addition to maintaining his role as president and chief executive officer of its largest business unit, Unum US.

"Kevin has a long track record of success with our company," said Thomas R. Watjen, chief executive officer of Unum, "and this is a natural extension of his role as head of our enterprise operating committee."

McCarthy was named earlier this year to lead the group that focuses on capital growth opportunities.

Delta to expand at LaGuardia

NEW YORK -- Delta Air Lines Inc. is boosting its flying out of New York's LaGuardia airport, adding routes that target American Airlines and put it in a better position to compete.

Delta says the additions make it the biggest airline between the New York area and cities in the U.S. That should help it grab more business travelers.

The list of added cities reads like a map of the hubs of competing airlines. Delta is adding Miami and Dallas, both American Airlines hubs. It also will fly to Houston and Denver, which are both United hubs, and Charlotte, which is a hub for US Airways.

EPB outpaces schedule on grid

The city's power provider is ahead of schedule in installing smart grid switches. EPB President Harold DePriest told utility directors Friday that more than 970 of the IntelliRuptor Pulsecloser switches will be installed by February as part of the utility's $220 million network upgrade.

The switches help identify problems and are expected to eventually generate $40 million a year in savings to customers, EPB spokeswoman Danna Bailey said. EPB has so far received $77 million of a $111.7 million federal grant to help pay for the improvements.