Outgoing WellPoint CEO made over $20M last year

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Associated Press

Posted on April 2, 2013 at 6:02 PM

WASHINGTON (AP) — Wellpoint Inc. says the compensation paid to its outgoing CEO last year rose 56 percent, even as the company's shares slid on lower enrollment in its health plans.

Angela Braly, who resigned in August, received 2012 compensation valued at $20.6 million, according to an Associated Press analysis of the company's proxy statement. Most of the increase came from stock options.

Braly received a $1.2 million salary. Her compensation included a performance-related bonus of nearly $1.4 million. She got stock options and awards totaling $17.8 million, up from about $10 million in 2011.

The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.

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