– USA, IN – Anthem, Inc. (NYSE:ANTM) today announced that Gail K. Boudreaux has been named Chief Executive Officer and President and appointed to the Company’s Board of Directors, effective November 20, 2017. Joseph R. Swedish, Chairman, President and Chief Executive Officer, Anthem, will serve as Executive Chairman, Anthem Board of Directors, stepping down in May 2018, and serve as Senior Advisor through May 2020.
“Gail Boudreaux is a decisive leader with deep expertise in the health care industry and an outstanding track record of driving results throughout her impressive career,” said George A. Schaefer, Jr., Lead Independent Director, Anthem Board of Directors. “The Anthem Board is confident Gail will draw from her extensive experience to deliver strong operating performance, excellent financial results and a laser focus on customer experience and shareholder value. In an evolving industry, Gail brings the right skills for the times.”
“The Board wants to thank Joe Swedish for his visionary leadership and steadfast commitment to expanding access to high quality, affordable health care during a dynamic time for our company and our industry,” continued Mr. Schaefer. “We are fortunate that, as a result of Joe’s leadership, we have a foundation of strong performance that allows us the opportunity to transition to a new Chief Executive Officer. During his tenure, Anthem has exceeded consensus earnings expectations every year; Anthem membership has grown by four million (or 11 percent) to 40 million; the average Anthem share price has approximately tripled; and operating revenue has increased 39 percent to over $89 billion. Joe has reinvigorated the company’s culture, built a strategic growth platform, and put Anthem on track to realize our vision of being America’s valued health partner. The entire board would like to express our gratitude to Joe for his invaluable contributions.”
“Gail is widely recognized as a very successful executive in the health care industry,” said Mr. Swedish. “I am confident that her depth of experience will be of great benefit to our company, our associates and our members. It has been a privilege to lead Anthem and work with our more than 53,000 associates across the nation. As we move ahead, I look forward to working closely with Gail in this new capacity.”
“For more than 75 years, Anthem has worked tirelessly to make a positive difference in the lives of Americans,” said Ms. Boudreaux. “I’m honored to lead the organization into the future and continue to improve the lives of those we serve. We are dedicated to connecting our customers to the right resources so that they can realize their health care goals while simplifying the health care experience for them.”
Ms. Boudreaux recently served as Chief Executive Officer, United Healthcare, the medical insurance subsidiary of UnitedHealth Group, where she had responsibility for approximately $120 Billion in revenue, managed 60,000 employees and grew membership by more than eight million members in just six years. Prior to United Healthcare, Ms. Boudreaux served as Executive Vice President of Health Care Services Corporation with responsibility for Blue Cross/Blue Shield plans in Illinois, Texas, Oklahoma, and New Mexico and earlier as President of Blue Cross/Blue Shield of Illinois. She began her career in Aetna’s Management Development Program, serving in a variety of capacities over the course of two decades. Ms. Boudreaux received a Bachelor’s Degree in Psychology from Dartmouth College, and received her MBA in Finance with distinction from Columbia University. She and her husband will be moving to Indianapolis over the next few months.
About Anthem, Inc.
Anthem is working to transform health care with trusted and caring solutions. Our health plan companies deliver quality products and services that give their members access to the care they need. With over 73 million people served by its affiliated companies, including more than 40 million within its family of plans, Anthem is one of the nation’s leading health benefits companies.
For more information : http://www.AnthemInc.com
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