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WellPoint Names Angela Braly CEO
By Yoji Cole

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Angela F. Braly will become the 12th current woman CEO of a Fortune 500 company when she takes the helm at WellPoint.

 

Braly will become the new president and CEO of Indianapolis-based WellPoint, the nation's largest health insurer, effective June 1. WellPoint is No. 47 on The 2006 DiversityInc Top 50 Companies for Diversity® list. WellPoint is No. 30 on the 2006 Fortune 500 list.

 

Braly will replace outgoing Chairman, President and CEO Larry C. Glasscock, who is retiring from WellPoint's day-to-day operations to attend to family needs. Glasscock will continue to serve as the chairman of WellPoint's board of directors..

 

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"Angela has the right combination of intellect, health-policy knowledge, strategic vision, business experience and execution ability, and she is well-suited to lead WellPoint's future success," said Glasscock in a statement. "She has partnered with me on every major strategic initiative ... our board of directors enthusiastically approved Angela's selection as a strong endorsement of our company's strategy, performance, culture and leadership team."

 

Since 2005, Braly has served as a WellPoint executive vice president, with operational responsibility for the nation's largest Medicare-claims processing business, the federal employees' health-benefits business, public-policy development, government relations, legal affairs, marketing and social-responsibility initiatives.

 

Prior to her current position, Braly served as CEO and president of Blue Cross Blue Shield of Missouri, formerly RightChoice.

 

Representation of women among Fortune 500 CEOs has grown slowly but steadily throughout the last decade. The Fortune 500 counted three female CEOs in 2000, six in 2002 and nine in 2005. Below is a list of current female CEOs and their companies.

 

 

·    Indra Nooyi, PepsiCo (No. 18 on the 2006 DiversityInc Top 50)

·    Anne Mulcahy, Xerox, one of DiversityInc's 25 Noteworthy Companies

·    Patricia A. Woertz, Archer Daniels Midland.

·    Brenda Barnes, Sara Lee

·    Mary Sammons, Rite Aid

·    Patricia Russo, Lucent Technologies

·    Susan Ivey, Reynolds American

·    Andrea Jung, Avon Products

·    Marion O. Sandler, Golden West Financial

·    Paula Rosput Reynolds, Safeco

·    Margaret Whitman, eBay

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