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Anthem Names John Gallina Chief Financial Officer

INDIANAPOLIS, May 04, 2016 (BUSINESS WIRE) -- Anthem, Inc. ANTM, +0.13% announced today that John E. Gallina has been named Executive Vice President and Chief Financial Officer, effective June 1, 2016. Mr. Gallina succeeds Wayne S. DeVeydt, who, after more than a decade of service to Anthem, including 9 years in the Executive Vice President and Chief Financial Officer role, has decided to step down from the position effective May 31, 2016 due to family commitments and philanthropic work.

Mr. Gallina has been with Anthem or one of its affiliated companies since 1994. Mr. Gallina currently serves as Senior Vice President, Chief Financial Officer, for Anthem’s Commercial and Specialty Business Division. Mr. Gallina has also served in other leadership positions at Anthem, including Senior Vice President, Chief Accounting Officer and Chief Risk Officer, Senior Vice President, Internal Audit and Continuous Improvement, and Chief Financial Officer for Comprehensive Health Services. Prior to joining Anthem, Mr. Gallina spent 12 years with Coopers & Lybrand.

“Throughout his tenure at Anthem, Wayne DeVeydt has committed his considerable talents to serve our company,” said Joseph R. Swedish, Chairman, President and Chief Executive Officer, Anthem. “Wayne has been a valued member of our executive team and has played an important role during a period of dynamic change in our industry. Wayne informed me earlier this year that he was considering stepping down at some point in 2016 in order to spend more time with his family and to focus on charitable causes which have become increasingly important to him. Given the progress we have made with regard to the regulatory review of our Cigna acquisition and the work underway to identify the new leadership team for the combined company, Wayne felt that it would be best to step down from his role at this point. On behalf of the Board of Directors, I would like to thank Wayne for his service to our company. On a personal note, it has been a great pleasure to work with Wayne. I know I speak for all Anthem associates in thanking Wayne for his leadership, partnership and commitment, and wishing him and his family well as they begin this new chapter in their lives.”

Mr. Swedish added, “We are pleased to name John Gallina as Anthem’s Executive Vice President and Chief Financial Officer. John has been an instrumental member of our organization for many years. I have worked closely with John and I am confident that he has the expertise and readiness to take on this important responsibility as Chief Financial Officer for our company. John’s long tenure and experience in our Finance organization, together with his broad recognition as a leader within our company, will be invaluable as he begins this new role.”

“It has been a great privilege to serve as Chief Financial Officer of Anthem and to have the opportunity to work with such an extraordinary organization,” said Mr. DeVeydt. “While the decision to step down from my role was not easy, it is the right thing for my family and me at this time. I am pleased that John has been appointed as my successor and he will be a great asset in this new role.”

“I am honored to assume the role of Chief Financial Officer at this important time in Anthem’s history,” said Mr. Gallina. “I look forward to...