WellPoint says CEO search to take three to six months
WellPoint is seeking a replacement for former CEO Angela Braly, who stepped down Aug. 28 amid shareholder discontent. The company plans to hire a search firm within the next week.
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WellPoint management team gets board support, CFO says
Almost two weeks after Angela Braly was forced out as WellPoint Inc. CEO, the management team she put in place has been told by the board it will stay, said Chief Financial Officer Wayne Deveydt.
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WellPoint plans debt offerings to fund Amerigroup acquisition
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Departing CEO Braly due to get $15M exit package
WellPoint Inc. is expected to give about $15 million in cash, stock and benefits to former CEO Angela Braly on her way out the door, based on the terms of a separation agreement filed by the company Wednesday morning. And the payout could be even more lucrative based on the company’s future stock price.
WellPoint launches search for new CEO after Braly resignation
Investors are looking for a CEO who can right the Indianapolis-based company’s financial performance and integrate WellPoint’s recent deals to buy Medicaid insurer Amerigroup Corp. and vision company 1-800-Contacts Inc.
Braly’s departure occurred sooner than many expected
Even though CEO Angela Braly was facing withering criticism, analysts thought WellPoint would be reluctant to change CEOs while its $4.9 billion acquisition of Amerigroup Corp. was pending.
WellPoint CEO’s critics suggesting replacements
Another plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement. Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco Health Solutions Inc.
Big WellPoint investor Royal Capital calls for CEO’s ouster
Royal Capital Management LLC is calling for the ouster of WellPoint Inc. CEO Angela Braly in a letter to the health insurer, saying she has “failed miserably.”
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Truck fleet insurer’s move to diversify gains traction
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WellPoint least popular insurer in poll of hospital execs
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