Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

WellPoint CEO Compensation Slips

Your article was successfully shared with the contacts you provided.

INDIANAPOLIS (AP) — WellPoint Inc. earned a little less in 2011, and so did the earnings of its chairman, Angela Braly.

WellPoint, Indianapolis (NYSE:WLP), says total 2011 net income fell 8% in 2011, to about $2.7 billion, as a result of a $150 million hit at its Medicare Advantage business.

Braly’s total compensation fell about 2%, to about $13 million. She received a $1.1 million salary, a performance-related bonus of about $2 million, and about $10 million in stock and option awards, according to calculations based on information in reports filed with the U.S. Securities and Exchange Commission.

WellPoint runs Blue Cross and Blue Shield plans in 14 states.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.