Feb 12 WellPoint Inc, the No. 2 U.S.
health insurer, named Joseph Swedish as the company's chief
executive officer, more than five months after previous CEO
Angela Braly abruptly stepped down.
Swedish, who will replace interim CEO John Cannon, will take
charge effective March 25, the company said.
Braly resigned due to growing investor dissatisfaction at
Wellpoint's financial results.
After missing analysts' estimates in four consecutive
quarters, the health insurer last month reported
better-than-expected revenue in the fourth quarter, with Cannon
at the helm.
Swedish previously served as CEO for privately held Trinity