Anthem names John Gallina CFO, sticks with 2016 earnings outlook
Health insurer Anthem Inc. on Wednesday named John Gallina as its new finance chief, replacing Wayne DeVeydt, who is retiring. Gallina, who has been with Anthem since 1994, will assume the role on June 1. The executive is currently senior vice president and CFO of the company's commercial and specialty business division. The company said it is still expecting 2016 earnings of more than $9.65 a share, and adjusted earnings of more than $10.80 a share. The FactSet consensus is for $10.91 a share. Shares were not yet active in premarket trade, but are up 1.2% in the year so far, while the S&P 500 is up about 1%.
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