WellPoint (WLP) CEO Braly Resigns; Search Commences for Successor

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WellPoint, Inc. (NYSE: WLP) is actively searching for a candidate to succeed Angela F. Braly as the President and Chief Executive Officer of WellPoint, who has stepped down from those positions today. The Board of Directors has established a search committee to consider both internal and external candidates, with the assistance of a search firm.

In the interim, John Cannon, the Company’s Executive Vice President, General Counsel, Corporate Secretary and Chief Public Affairs Officer, will serve as interim President and CEO. WellPoint also announced that Jackie M. Ward, WellPoint’s Lead Director, has been named the Non-Executive Chair of the Board of Directors effective immediately.

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