The head of a large health insurer says he is turning day-to-day management duties over to another executive.
Larry Glasscock, 58, the chairman, president and chief executive officer of WellPoint Inc., Indianapolis, says he will be keeping the chairman title but passing the president and CEO titles on to Angela Braly, 45.
Glasscock has been president of WellPoint since 1999 and chairman since November 2005. Enrollment has grown to 34 million, from 6 million, since he became president, and revenue has increased to $60 billion, from $6 billion.