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WellPoint names hospital executive Swedish new CEO
San Francisco Chronicle

Health insurer WellPoint Inc. surprised analysts and investors Tuesday when it announced that a veteran hospital executive who has never run a public company will become its next CEO. The Indianapolis company said after markets closed that Trinity Health Corp. CEO Joseph Swedish will take over March 25, replacing interim CEO John Cannon. Swedish, 61, will be charged with guiding the nation’s second-largest health insurer through sweeping changes, as the industry prepares to cover millions of newly insured people who gain coverage under the health care overhaul.