Dallas, Texas
Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County w ...
) is an American executive. She served as president and chief executive officer of WellPoint (now
Anthem
An anthem is a musical composition of celebration, usually used as a symbol for a distinct group, particularly the national anthems of countries. Originally, and in music theory and religious contexts, it also refers more particularly to short ...
), a large U.S.-based provider of
health insurance
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among ma ...
, and was a member of the company's
board of directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
. 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. Since May 2016, she has been a member of the board of directors of
ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, ...
.
Early life
Angela Braly received her undergraduate degree from
Texas Tech University
Texas Tech University (Texas Tech, Tech, or TTU) is a public research university in Lubbock, Texas. Established on , and called Texas Technological College until 1969, it is the main institution of the five-institution Texas Tech University Sys ...
in 1982 and her
Juris Doctor
The Juris Doctor (J.D. or JD), also known as Doctor of Jurisprudence (J.D., JD, D.Jur., or DJur), is a graduate-entry professional degree in law
and one of several Doctor of Law degrees. The J.D. is the standard degree obtained to practice law ...
from
Southern Methodist University School of Law
Southern Methodist University, SMU Dedman School of Law, commonly referred to as SMU Law School or Dedman School of Law is a law school located in Dallas, Texas. It was founded in February 1925. SMU Law School is located on the campus of its pare ...
. She graduated from
Richardson High School
Richardson High School (RHS) is a magnet high school in Richardson, Texas, United States with approximately 2,770 students and a student/teacher ratio of approximately 15:1 in the 20182019 school year. It is the oldest high school in the Richardso ...
in 1979.
Career
She was a partner in the
St. Louis
St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the bi-state metropolitan area, which e ...
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
The Business Council is an organization of business leaders headquartered in Washington, D.C.The Business Council, Official website, Executive Committee
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
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' listed Braly as the sixteenth most powerful woman in the world in 2007, fourth most powerful in 2008, and eighth most powerful in 2009. ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (1931 film) ...
'' ranked Braly the fourth most powerful woman in business in America in 2007, fifth most powerful in 2008., and fourth most powerful in 2009.
In May 2013, Braly was named by Indiana Governor Mike Pence to the board of the Indiana Economic Development Corporation.
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. She owns $4.6 million worth of WellPoint stock, or 0.02% of the company.
In 2007, Braly earned $14.9 million, mostly in stock options. Her total compensation was $8.7 million in 2008, and $13.1 million in 2009.
Braly generally supports
Republican
Republican can refer to:
Political ideology
* An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law.
** Republicanism, the ideology in support of republics or agains ...