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WellPoint (WLP) Director Lenox Baker has backed under-fire CEO Angela Braly, saying that she...

  • Sunday, August 12, 2012, 3:21 AM ET
    WellPoint (WLP) Director Lenox Baker has backed under-fire CEO Angela Braly, saying that she "has done a great job" and that there is no move by the board to fire her. In contrast, WellPoint shareholder Omega Advisors says, "There's a universal view that the CEO is the wrong CEO to lead the business," while Orbimed Advisors blames "management missteps," for WellPoint's poor performance.
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