Anthem Names John Gallina To Succed Wayne De Veydt As CFO, Backs FY16 Guidance

(RTTNews) - Anthem, Inc. (ANTM) Wednesday announced the appointment of John Gallina as executive vice president and chief financial officer, effective June 1, 2016. Gallina succeeds Wayne DeVeydt, who has decided to step down on May 31, 2016.

Gallina has been with Anthem or one of its affiliated companies since 1994 and currently serves as senior vice president, chief financial officer, for Anthem's Commercial and Specialty Business Division.

Anthem said it continues to expect net income for full year 2016 to be greater than $9.65 per share, including greater than $1.15 per share of net unfavorable items. Excluding these items, adjusted net income is still expected to be greater than $10.80 per share. This guidance includes no additional net adjustment items beyond those reported in our first quarter 2016 earnings release.

On average, 20 analysts polled by Thomson Reuters expected the company to earn $10.89 per share. Analysts estimates usually exclude special items.