Angela Braly has abruptly stepped down from her position as president and CEO of WellPoint, an Indianapolis-based Blue Cross Blue Shield licensee with some 34 million members covered by Blues plans in several states including California. The move came following calls for her replacement from investors.
A search committee has been established to consider both internal and external candidates, and John Cannon, WellPoint's executive vice president, general counsel, corporate secretary and chief public affairs officer, will serve as interim president and CEO, a news release said. The release also noted that Cannon told the board he did not wish to be considered as Braly's permanent replacement.
Also Jackie Ward, WellPoint's lead director, has been named “non-executive chair” of the board of directors, effective immediately, the release said.