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Article: WellPoint Appoints New Chief Financial Officer; Former Chief Financial Officer Resigns.

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PR Newswire
Article date:
May 31, 2007
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Wayne DeVeydt Named Company's New Executive Vice President and Chief Financial Officer

INDIANAPOLIS, May 31 /PRNewswire/ -- WellPoint, Inc. today announced that chairman, president and CEO, Larry C. Glasscock, and incoming president and CEO, Angela F. Braly, together with its Board of Directors, asked for and received the resignation of David C. Colby, WellPoint's chief financial officer. Concurrently, the Board has appointed Wayne S. DeVeydt as executive vice president and chief financial officer. All changes are effective immediately.

Based on an investigation performed by external legal counsel, it was concluded that David Colby violated the ...

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