(Bloomberg) — WellPoint Inc. CEO Joseph R. Swedish won high marks from investors and analysts in his first public appearance since taking over for the ousted Angela Braly.
Swedish, 61, speaking yesterday during the Indianapolis-based health insurer’s first-quarter earnings call, announced profits that beat analysts’ estimates and proclaimed himself “optimistic” about the company’s future. The market responded by pushing shares up the most since the day after Braly left last August amid investor complaints.