WellPoint (WLP) CEO Angela Braly, under fire from shareholders for the health insurer's poor...

|By:, SA News Editor

WellPoint (WLP) CEO Angela Braly, under fire from shareholders for the health insurer's poor performance, may have bought herself time with the recent $4.9B acquisition of Amerigroup, which is due to close in 2013. With stability important, "it would be unusual to remove a CEO in the middle of a major acquisition," says business professor Erik Gordon.