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WellPoint CEO Braly quits amid sagging results
San Francisco Chronicle

WellPoint Inc. President and CEO Angela Braly resigned Tuesday amid investor frustration with disappointing financial results at the nation’s second-largest health insurer. The Indianapolis-based company announced that its executive vice president and general counsel, John Cannon, will serve as interim president and CEO. With Braly’s departure, lead director Jackie Ward was named the non-executive chair of the board of directors, WellPoint said.