Angela Braly Explained

Angela Braly
Birth Date:1961 7, mf=yes[1]
Birth Place:Dallas, Texas, U.S.
Known For:Ex-President & CEO, WellPoint (now Elevance Health)
Nationality:American
Education:Texas Tech University
Southern Methodist University (JD)

Angela Fick Braly (born July 2, 1961, in Dallas, Texas) is an American executive. She served as president and chief executive officer of WellPoint (now Elevance Health), a large U.S.-based provider of health insurance, and was a member of the company's board of directors. She assumed those responsibilities on June 1, 2007, following several high-profile roles for the company. She resigned in August 2012 due to shareholder criticism.[2] Since May 2016, she has been a member of the board of directors of ExxonMobil.[3]

Early life

Angela Braly received her undergraduate degree from Texas Tech University in 1982 and her Juris Doctor from Southern Methodist University School of Law.[4] [5] She graduated from Richardson High School in 1979.[6]

Career

She was a partner in the St. Louis law firm of Lewis, Rice & Fingersh, L.C.

In January 1999, she joined WellPoint as general counsel for RightCHOICE (currently Anthem Blue Cross and Blue Shield in Missouri). She also oversaw the Missouri plan's government relations efforts. During that time, she managed the legal strategy resulting in the creation of The Missouri Foundation for Health, which serves the health care needs of underinsured and uninsured people in Missouri. She later became president and CEO of the Missouri plan, managing all aspects of the business and setting strategies to meet customer needs.

She served as executive vice president, general counsel and chief public affairs officer for WellPoint. In that role, she was responsible for public policy development, government relations, legal affairs, corporate communications, marketing, and social responsibility initiatives. She also had operational responsibility for the nation's largest Medicare claims processing business and the federal employee health benefits business. Braly was also a key strategist during WellPoint's acquisition of New-York based WellChoice in 2005.

On February 24, 2010, Braly gave testimony to Congress defending Wellpoint's insurance premium increases. She served as vice-chairman of the executive committee of The Business Council for 2011 and 2012.[7]

She was recognized by the St. Louis Business Journal as one of the 25 Most Influential Women in Business for 2000 and was named one of Modern Healthcare's Top 25 Women in Healthcare in 2007. Forbes listed Braly as the sixteenth most powerful woman in the world in 2007,[8] fourth most powerful in 2008,[9] and eighth most powerful in 2009.[10] Fortune ranked Braly the fourth most powerful woman in business in America in 2007,[11] fifth most powerful in 2008.,[12] and fourth most powerful in 2009.[13]

In May 2013, Braly was named by Indiana Governor Mike Pence to the board of the Indiana Economic Development Corporation.[14]

Personal life

As of April 2009, Braly had the 306th highest compensation for a U.S. CEO, having earned $4.07 million, which is 74th among females.[15] She owns $4.6 million worth of WellPoint stock, or 0.02% of the company.[16]

In 2007, Braly earned $14.9 million, mostly in stock options.[17] Her total compensation was $8.7 million in 2008, and $13.1 million in 2009.[18]

Braly generally supports Republican and conservative political candidates.[19]

External links

Notes and References

  1. Web site: Baker_ D Lenox _Director at WellPoint_ Incorporated_ Lenox Dial . www.docstoc.com . 26 January 2022 . https://archive.today/20141226013302/http://www.docstoc.com/docs/165235110/Baker_-D-Lenox-_Director-at-WellPoint_-Incorporated_-Lenox-Dial . 26 December 2014 . dead.
  2. News: WellPoint's CEO Braly Resigns Amid Shareholder Criticism. Bloomberg .
  3. News: Angela Braly elected to ExxonMobil Board . . May 25, 2016 . June 24, 2019 . June 24, 2019 . https://web.archive.org/web/20190624005310/https://corporate.exxonmobil.com/en/News/Newsroom/News-releases/2016/0525_Angela-Braly-elected-to-ExxonMobil-Board . dead .
  4. University. Texas Tech. 1982. La Ventana, vol. 057. en. 163, 173, 177, 189, 207, 283, 341, 481. 2346/48648.
  5. Web site: This Won't Hurt a Bit. David. Whelan. . 1 September 2007.
  6. Book: Current Biography Yearbook 2011. 2011. H.W. Wilson. Ipswich, MA. 9780824211219. 76–79. Braly, Angela F.. https://archive.org/details/currentbiography0000unse_z0h6/page/76.
  7. http://www.thebusinesscouncil.org/about/excommittee.aspx The Business Council, Official website, Executive Committee
    1. 16 Angela Braly
    . Whelan. David. 2007-08-30. Forbes. 2009-05-10. https://web.archive.org/web/20090428211111/http://www.forbes.com/lists/2007/11/biz-07women_Angela-Braly_G3XV.html. 28 April 2009 . live.
    1. 4 Angela Braly
    . Schmall. Emily. 2008-08-27. Forbes. 2009-05-10. https://web.archive.org/web/20090501061049/http://www.forbes.com/lists/2008/11/biz_powerwomen08_Angela-Braly_G3XV.html. 1 May 2009 . live.
    1. 8 Angela Braly
    . Casserly . Meghan . August 19, 2009. Forbes.
  8. 4. Angela Braly. Fortune. 2009-05-10 . Katie . Benner . Eugenia . Levenson . Rupali . Arora.
  9. 5. Angela Braly. Fortune. 2009-05-10 . 2008-10-16.
  10. 4. Angela Braly. Fortune. 21 January 2010 . 2009-09-15. https://web.archive.org/web/20100113123332/https://money.cnn.com/galleries/2009/fortune/0909/gallery.most_powerful_women.fortune/4.html. 13 January 2010 . live.
  11. News: Cook, Tony. Former WellPoint CEO appointed to IEDC board. 7 May 2013. Indianapolis Star. 7 May 2013.
  12. The Highest-Paid Women In Corporate America: Methodology. https://web.archive.org/web/20080913200358/http://www.forbes.com/2008/09/10/highest-paid-women-lead-cz_sd_bz_0910women_methodology_2.html. dead. September 13, 2008. DeCarlo. Scott. Zajac, Brian. September 10, 2009. Forbes.
    1. 306 Angela F Braly
    . 2009-04-22. Forbes. 2009-05-10. https://web.archive.org/web/20090610152624/http://www.forbes.com/lists/2009/12/best-boss-09_Angela-F-Braly_XR4S.html. 10 June 2009 . live.
  13. http://www.indystar.com/apps/pbcs.dll/article?AID=/20080622/BUSINESS/806220328/1003/BUSINESS&GID=HFaE/urnnEXRgRs7hdcbhTqjvxgVru781Kgiy3oOEMQ%3D IndyStar.com - For Hoosier CEOs, '07 pay was plentiful
  14. News: WellPoint hikes CEO's pay package. Helfand, Duke. April 2, 2010. Los Angeles Times. 3 April 2010. https://web.archive.org/web/20100406103734/http://articles.latimes.com/2010/apr/02/business/la-fi-wellpoint3-2010apr03. 6 April 2010 . live.
  15. Web site: Angela Braly Political Campaign Contributions . NewsMeat . 2010-02-25 . dead . https://web.archive.org/web/20110604114554/http://www.newsmeat.com/ceo_political_donations/Angela_Braly.php . 2011-06-04 .