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Quotes & Info
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| WLP > SEC Filings for WLP > Form 8-K on 22-Feb-2013 | All Recent SEC Filings |
22-Feb-2013
Change in Directors or Principal Officers
On February 20, 2013, the Board of Directors of WellPoint, Inc. (the "Company") elected Joseph R. Swedish as a Director of the Company effective as of March 25, 2013, with a term to expire at the annual meeting of shareholders in May 2013, at which time he will stand for re-election. Mr. Swedish was also appointed to the Executive Committee of the Board of Directors of the Company effective as of March 25, 2013.
As previously announced, Mr. Swedish will be the Chief Executive Officer of the Company effective as of March 25, 2013. Mr. Swedish's election to the Board of Directors was pursuant to the terms of the offer letter between Mr. Swedish and the Company dated February 6, 2013 (the "Offer Letter"), a copy of which was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 12, 2013. As an executive officer of the Company, Mr. Swedish will not participate in the Company's director compensation program, but rather will receive the compensation as set forth in the Offer Letter. There are no relationships between Mr. Swedish and the Company that would require disclosure under Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.
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