Larry Glasscock News

Ind. WellPoint Asks for Resignation of Chief Financial Officer, Appoints CFO

Indianapolis-based WellPoint, Inc. today announced that chairman, president and CEO, Larry C. Glasscock, and incoming president and CEO, Angela F. Braly, together with its Board of Directors, asked for and received the resignation of David C. Colby, WellPoint’s chief financial …

Ind. WellPoint Offers Product in All States to Largest Employers, Individuals

Indianpolis-based WellPoint, Inc. recently announced that it will make its new consumer-driven health plan (CDHP) products and services available in all states and to all markets, from the largest national employer to an individual member, beginning Jan. 1, 2007. Previously, …

WellPoint Names New Charitable Foundation President

Indianapolis-based WellPoint, Inc. recently announced that Caroline “Caz” Matthews, currently president of Blue Cross Blue Shield of Georgia, has been named president of the WellPoint Foundation. She will lead the company’s philanthropic and social responsibility programs, according to the company’s …

Calif. Blue Cross Spent 78.9 Percent of Premium on Patients In 2004-05

For the fifth year running, Blue Cross of California has spent less than 80 percent of premium dollars on patient care, according to a report released by the California Medical Association. Blue Cross, the state’s largest for-profit health insurer, spent …

WellPoint Ranked 2nd in BusinessWeek Poll of Nation’s Top Performers

Indianapolic-based WellPoint, Inc. has been named to the BusinessWeek 50, the magazine’s annual list of the 50 top-performing companies in the Standard & Poor’s 500. WellPoint ranks No. 2 on the 2006 list, which appears in the April 3 issue …

WellPoint’s David C.Colby Named Top CFO for Third Consecutive Year

For the third consecutive year, David C. Colby, WellPoint, Inc.’s executive vice president and chief financial officer, has been named the best chief financial officer in America for the managed care sector by Institutional Investor magazine. This is Institutional Investor …

WellPoint , Inc. Ranked Top Company for Executive Women

Indianapolis-based WellPoint, Inc. said that it was named one of the top 30 companies for executive women by the National Association for Female Executives (NAFE). This is the seventh consecutive year WellPoint has been named a leading national company for …

Business Moves

Bollinger, MLW Services Bollinger Inc. has acquired MLW Services Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue in executive capacities with Bollinger. According to …

WellPoint and WellChoice Complete Major Merger

WellPoint, Inc. and WellChoice, Inc. have completed their merger that they first announced on Sept. 27, 2005. The value of the transaction at that time was estimated to be $6.5 billion. “Our focus as a combined company is to become …

People

WellPoint, Inc. announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer. “As chief strategy officer, Marjorie will have a key role in ensuring …