WellPoint Names New CEO

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WellPoint Inc. Chief Executive Larry Glasscock is retiring on June 1 and will be replaced by Executive Vice President Angela Braley.


The 58-year-old Glasscock, who was named to the head position in 1999, will continue to serve as chairman of the company’s board.


Braley currently oversees the company’s Medicare claims processing business and federal employees’ health benefits unit as well as other sections.


Indianapolis-based WellPoint is the parent company of Thousand Oaks-based Blue Cross of California.

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