Security for Wellpoint CEO

angela_brady.jpgThe company's proxy statement discloses that $151,000 was spent last year to provide extra security to Chief Executive Angela Braly. She's on the road a lot, including any number of trips to Washington where she has testified before Congress. Footnoted.org, which found the citation, says that the expenditures appear to be new. All this predates Wellpoint's recent decision to jack up rates at its Anthem Blue Cross subsidiary by up to 39 percent, so goodness knows what the security detail must look like now. From the filing:

In light of growing concerns regarding the safety of Ms. Braly and her family as a result of the national health care debate, we provided Ms. Braly with additional security, including personal security during travel, a security-enhanced vehicle and in-home security.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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