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Wednesday June 19th 2013

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Posts Tagged ‘Wellpoint resignation’

Bowing to Investor Pressure, WellPoint CEO Quits

Bowing to Investor Pressure, WellPoint CEO Quits

Wellpoint announced that Angela Braly, 51, had stepped down effective immediately. Braly had been dogged by criticism over WellPoint's slumping stock, managerial blunders and disappointing earnings. She also caught the ire of consumers and even President Obama in 2010 for trying to raise rates by up to 39% in California. The Indianapolis company [...]