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Angela Braly

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New WellPoint CEO Consolidates Health Insurer's Business Units

Health insurer WellPoint Inc. (WLP) is consolidating its businesses into two main groups, one focused on commercial business, the other on government plans, while elevating two executives from within to lead these divisions.New Chief Executive Joseph Swedish announced the structural changes in a memo to employees Monday. He is putting his stamp on the management structure at the second-largest health insurer by membership, following UnitedHealth Group Inc. (UNH), after officially taking over in March.Mr. Swedish assumed leadership during a challenging time for health insurers, which are facing major changes under the health-care overhaul, including new costs and rules, plus the opportunity to add millions more customers starting next year. The hospital-industry veteran cited helpful structural changes from last year while announcing the new moves."I want to build on those improvements and further enhance the alignment of execution and accountability by consolidating our strategic busin...

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  1. WellPoint profit beats, but 2013 outlook "prudent"

    WellPoint Inc reported a higher-than-expected fourth-quarter profit on Wednesday as it kept medical costs down, but the second-largest U.S. health insurer said it wa...

  2. WellPoint 4th-Quarter Earnings Up 38% Amid Light Commercial Costs

    WellPoint Inc.'s (WLP) fourth-quarter earnings rose 38%, helped by light costs in the health insurer's commercial business and a tax settlement.The Indianapolis comp...

  3. WellPoint Sees CEO Decision Soon, Could Top 2012 View

    Health insurer WellPoint Inc. (WLP) said Tuesday it is getting close to selecting a new chief executive and 2012 earnings may be near the high end or slightly above ...

  4. WellPoint Earnings Improve, Guidance Held in Place

    WellPoint Inc.'s (WLP) third-quarter earnings edged higher, topping Wall Street expectations with help from lower taxes, but the health insurer maintained a cautious...

  5. Health Insurer WellPoint Replaces Head of Senior Business

    A WellPoint Inc. (WLP) executive hired earlier this year under former Chief Executive Angela Braly to head the health insurer's seniors-focused business has left the...

  6. CEO Turnover Highest in Six Months

    August recorded the highest number of CEO departures in six months, as a slow economic recovery continued to pressure chiefs to improve corporate performance, accord...

  7. WellPoint Sells Bonds at Higher Yields Than in May

    Health insurer WellPoint Inc. (WLP) tapped the U.S. debt markets for $3.25 billion as it gears up to fund its $4.5 billion acquisition of Amerigroup Corp. (AGP).The ...

  8. WellPoint Selling Bonds at Higher Yields Than in May

    Health insurer WellPoint Inc. (WLP) is tapping the U.S. debt markets for $3.25 billion as it gears up to fund its $4.5 billion acquisition of Amerigroup Corp. (AGP)....

  9. WellPoint Shares Rise as CEO Succession Talk Heats Up

    Health insurer WellPoint Inc should have its pick of several talented industry executives to replace Chief Executive Angela Braly, whose abrupt exit from the company...

  10. WellPoint Shares Climb After CEO Braly Steps Down

    The abrupt departure of WellPoint Inc. (WLP) Chief Executive Angela Braly boosted the health insurer's shares early Wednesday amid hopes a management change will lea...

  11. Wellpoint Takes Off as CEO Steps Down

    FBN’s Lauren Simonetti with a market check after the opening bell.

  12. WellPoint Up 7% In Wake Of CEO Departure

    Shares of WellPoint Inc. were up 7% at $61.23 early Wednesday, the day after the company announced its chief executive officer, Angela Braly, had resigned. WellPoint...

  1. WellPoint's Earnings Lifted by Light Health Usage

    Health insurer WellPoint Inc. (WLP) reported stronger first-quarter earnings, helped by a continued trend of Americans using health services lightly, while giving ne...

  2. WellPoint's First-Quarter Earnings Lifted by Light Health Usage

    Health insurer WellPoint Inc. (WLP) reported stronger first-quarter earnings, helped from a continued trend of Americans using health services lightly, while giving ...

  3. Ex-WellPoint CEO's Pay Up 55% in 2012

    WellPoint Inc.'s (WLP) former Chief Executive Angela Braly's compensation in 2012 rose 55% from a year earlier to $20.6 million, according to a regulatory filing Tue...

  4. California Insurance Commissioner Criticizes Wellpoint Rate Hikes

    California Insurance Commissioner Dave Jones called recent rate increases by WellPoint Inc.'s (WLP) Anthem Blue Cross Life and Health Insurance Company "excessive an...

  5. WellPoint Shares Slide as CEO Pick Surprises Investors

    WellPoint Inc. (WLP) shares slid Wednesday as investors digested the health insurers' unexpected decision to name nonprofit hospital leader Joseph R. Swedish, rather...

  6. WellPoint Names Hospital Veteran Swedish as New CEO

    WellPoint Inc. named Joseph R. Swedish as its new chief executive, unexpectedly turning to a hospital-industry veteran to lead the No. 2 health insurer through the c...

  7. WellPoint Earnings Up 38% Amid Light Commercial Costs

    WellPoint Inc.'s (WLP) fourth-quarter earnings rose 38%, helped by a tax settlement and light medical costs for people in the health insurer's commercial business.Th...

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