|WellPoint Names Annmarie Hagan President of Specialty Businesses and Dani Fjelstad President of Dental Business|
Mike Walsh Announces Retirement
Indianapolis, IN – December 6, 2012 – WellPoint, Inc. (NYSE:WLP) announced today that Annmarie Hagan has been named president of the company’s Specialty Businesses, effective immediately. WellPoint’s Specialty businesses include dental, disability, life, vision and workers’ compensation. In addition, Dani Fjelstad has been named president of WellPoint’s Dental business. Mike Walsh announced his retirement from WellPoint, after serving as president of the company’s Specialty Business, and previously as president of DeCare Dental since 1987. Walsh will continue supporting WellPoint in a business consulting role after his retirement, focusing on innovation and driving Specialty Business growth.
Hagan is an experienced operational and financial leader with a proven track record of driving profitable growth and setting strategic direction. Most recently, she served as the chief operating officer for WellPoint’s Specialty businesses. Since joining WellPoint, her role and responsibilities have included strategy development and positioning WellPoint’s Disability/Life, Workers Compensation and Vision businesses for strong growth in the future. In her expanded role, Hagan will also be responsible for driving overall revenue and profit growth across all Specialty businesses including Dental. She is committed to meeting the needs of our customers and further diversifying WellPoint’s specialty earnings stream.
Prior to joining WellPoint, Hagan served as executive vice president and chief financial officer at Cigna. Hagan received her bachelor of science in Finance and Accounting from Drexel University in Philadelphia.
“Annmarie’s knowledge of the industry, her history of driving success and her deep operational and financial background will help drive the success of the Specialty Businesses at WellPoint,” said Lori Beer, executive vice president of WellPoint’s Specialty Businesses and Information Technology. “I’m confident that under her leadership, the Specialty Businesses will continue to grow profitably and provide the products and services that will benefit our consumers.”
Fjelstad, who will now be at the helm of WellPoint’s Dental business, will be responsible for the overall positioning, growth and performance of WellPoint’s Dental business through new products, service excellence and network development.
“I would like to congratulate Annmarie and Dani on their new roles, and thank Mike for his years of service to WellPoint. Mike is a true pioneer in Dental benefits and has driven significant increases in membership and revenue at both WellPoint and DeCare Dental,” said Beer. “I wish him the best of luck in his well-deserved retirement and look forward to working with Mike in his consultant role.”
About WellPoint, Inc.
At WellPoint, we believe there is an important connection between our members’ health and well-being—and the value we bring our customers and shareholders. So each day we work to improve the health of our members and their communities. And, we can make a real difference since we have more than 33 million people in our branded health plans, and approximately 64 million people served through our subsidiaries. As an independent licensee of the Blue Cross and Blue Shield Association, WellPoint serves members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), and Wisconsin. In a majority of these service areas, WellPoint’s plans do business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia and Empire Blue Cross Blue Shield, or Empire Blue Cross (in the New York service areas). WellPoint also serves customers throughout the country as UniCare and in certain California, Arizona and Nevada markets through our CareMore subsidiary. Our 1-800 CONTACTS, Inc. subsidiary offers customers online sales of contact lenses, eyeglasses and other ocular products. Additional information about WellPoint is available at http://www.wellpoint.com/.