INDIANAPOLIS, Feb. 16 /PRNewswire-FirstCall/ -- For the second time in two years, David C. Colby, WellPoint, Inc.'s executive vice president and chief financial officer (CFO), has been named the best chief financial officer in America for the managed care sector by Institutional Investor magazine. This is Institutional Investor magazine’s second annual ranking of CFOs.
Colby ranked highest in his sector from an Institutional Investor magazine survey of nearly 1,400 portfolio managers and sell-side equity analysts at more than 400 firms who were asked to identify the most noteworthy financial executives. Those polled represent $5.4 trillion in equity holdings.
“We are very proud that David has once again received this well-deserved recognition,” said Larry C. Glasscock, WellPoint’s president and chief executive officer. “WellPoint’s reputation for excellence within the financial community reflects the outstanding contributions of our CFO, his entire team of skilled professionals and a company-wide commitment to a business process based on operational and financial integrity.”
WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. WellPoint, Inc. is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), Wisconsin; and through HealthLink and UniCare. Additional information about WellPoint is available at http://www.wellpoint.com/ .
WellPoint, Inc.
CONTACT: Deborah New of WellPoint, Inc., +1-317-488-6350
Web site: http://www.wellpoint.com/