David Colby of WellPoint Named Top CFO in Managed Care.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Photo Editors/Business Editors/Health/Medical Writers MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4584348 THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. , Calif.--(BUSINESS WIRE)--March 1, 2004 WellPoint (NYSE NYSE See: New York Stock Exchange :WLP WLP WebLogic Portal (Bea Systems) WLP Wafer Level Packaging WLP Women's Learning Partnership (Bethesda, MD) WLP Workplace Learning & Performance WLP World Library Partnership, Inc. ), the nation's second largest health insurer, announced today that David C. Colby, the Company's executive vice president and chief financial officer, was named the best chief financial officer in America for the managed care sector by Institutional Investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. magazine. Colby ranked highest in his sector from an Institutional Investor magazine survey of 1,300 portfolio managers and sell-side equity analysts at more than 400 firms who were asked to identify the most noteworthy financial executives. Those polled represent $4.2 trillion in equity holdings. "We are very proud that David Colby has received this well deserved recognition," said Leonard D. Schaeffer, WellPoint's chairman and chief executive officer. "WellPoint's reputation for excellence within the financial community reflects the outstanding contributions of our CFO See Chief Financial Officer. , his team of skilled professionals and a company-wide commitment to a business process founded on operational and financial integrity." Schaeffer noted that FORTUNE magazine named WellPoint America's Most Admired health care company for an unprecedented sixth consecutive year earlier this week and ranked the Company first in its industry in the categories of quality of management, long-term investment, financial soundness, use of corporate assets and quality of products and services. WellPoint Health Networks Inc. serves the health care needs of more than 15 million medical members and approximately 46 million specialty members nationwide through Blue Cross of California, Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of Georgia, Blue Cross and Blue Shield of Missouri, Blue Cross Blue Shield of Wisconsin, HealthLink and UNICARE. Visit WellPoint on the web at www.wellpoint.com. Blue Cross of California, Blue Cross and Blue Shield of Georgia, Blue Cross and Blue Shield of Missouri and Blue Cross Blue Shield of Wisconsin are independent licensees of the Blue Cross and Blue Shield Association
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