Angela Braly - WellPoint
Total Compensation: $9,844,212
Details: Braly, like Williams, earned more money in 2008 ($9,844,212) than in 2007 (9,094,271), increasing her option rewards by nearly $1.5 million, and also receiving a $200,000-plus bump in base salary, from $922,269 to $1,135,538. Braly's stock awards dropped from $2,160,159 to $1,750,015 because, according to the SEC, "performance-based restricted stock units awarded in 2008 were cancelled because our ROE target for 2008 was not met."
Braly's "other compensation" comprised use of a private jet for her and her family on business trips, just under $10,000 for legal services relating to her employment agreement and cash credits.
Related Articles:
Health plans need new approaches to profitability [1]
WellPoint pushes stock prices up, but not profits, by raising premiums [2]
WellPoint loses money for Q2, but still pleases investors [3]
Links:
[1] http://www.fiercehealthfinance.com/story/health-plans-need-new-approaches-to-profitability/2008-05-14
[2] http://www.fiercehealthfinance.com/story/wellpoint-pushes-stock-prices-not-profits-raising-premiums/2008-09-10
[3] http://www.fiercehealthcare.com/story/wellpoint-loses-money-q2-still-pleases-investors/2008-07-25
[4] http://www.fiercehealthcare.com/story/cignas-h-edward-hanway-ceo-compensation/2009-05-14
[5] http://www.fiercehealthcare.com/special-reports/total-package-health-plan-ceo-compensations-2008
[6] http://www.fiercehealthcare.com/story/coventry-health-cares-dale-wolf-ceo-compensation/2009-05-14