Anthem turns into second-largest firm with girl as CEO


Adventures in Babysitting, how a former Xerox CEO got started

Anthem, the nation’s second-largest well being insurer, is now the second-largest firm in America with a lady as CEO.

Anthem named Gail Boudreaux to the job on Monday, changing Joseph Swedish.

The solely American firm with extra income and a lady as CEO is General Motors (GM), which has been led by Mary Barra since early 2014. IBM (IBM, Tech30), led by Virginia Rometty, and PepsiCo (PEP), led by Indra Nooyi, are the one different U.S. corporations among the many 50 largest with a lady in cost.

Earlier this 12 months, Fortune journal counted 32 corporations in its Fortune 500 with ladies as CEOs. But a number of have given up the highest job since then.

Those embrace Sheri McCoy, who resigned in August as CEO of Avon (AVP), and Irene Rosenfeld, who’s stepping down this month as CEO of Mondelez International (MDLZ), the maker of Oreos and Cadbury. Yahoo CEO Marissa Mayer left that firm after its sale to Verizon (VZ, Tech30).

Related: A historical past of girls within the Fortune 500

Boudreaux beforehand served as CEO of United Healthcare, a subsidiary of UnitedWell being Group (UNH), the one insurer bigger than Anthem (ANTX). But she left that firm in 2014 and has labored as a guide to the trade since then. Before United Healthcare, she labored at Blue Cross/Blue Shield and Aetna (AET).

Related: CVS and Aetna mega medical health insurance merger might set document

Swedish, 66, who had been CEO and chairman of Anthem, will function govt chairman by way of May. During his tenure, he tried to purchase rival Cigna (CI) for $54 billion, however that deal was blocked in court docket on antitrust grounds.

CNNMoney (New York) First revealed November 6, 2017: eight:39 AM ET

Source hyperlink

Leave a Reply

Your email address will not be published.