2006 Annual Salary Disclosure for WellPoint, Inc. Chief Executive Officer and Named Executive Officers
This document lists the annual salaries for WellPoint, Inc.'s Chief Executive Officer and other named executive officers as of February 22, 2007. It provides the salary amounts for each executive based on 2005 compensation data, as required for the company's 2006 annual meeting proxy statement. Bonus awards for 2006 had not yet been determined at the time of disclosure. The document also notes that one executive, Keith R. Faller, retired at the end of 2006.
Exhibit 10.40
SALARY INFORMATION FOR CHIEF EXECUTIVE OFFICER
AND NAMED EXECUTIVE OFFICERS
The following table sets forth as of February 22, 2007, the current annual salary of WellPoint, Inc.’s (the “Company”) Chief Executive Officer and each of the other “Named Executive Officers,” as determined for the Company’s Proxy Statement for its 2006 Annual Meeting of Shareholder, which was based on salary and annual bonus for 2005 as required by the Instructions to Item 402(a)(3) of Regulation S-K. The Company has not yet determined bonus awards for 2006 and therefore the identities of the other Named Executive Officers for the Company’s Proxy Statement for its 2007 Annual Meeting of Shareholders are not yet known.
| Named Executive Officer | Salary | ||
| Larry C. Glasscock | $ | 1,300,000 | |
| David C. Colby | $ | 710,000 | |
| Keith R. Faller1 | $ | 680,000 | |
| Joan E. Herman | $ | 685,000 | |
| John S. Watts, Jr. | $ | 710,000 | |
| 1 | Mr. Faller retired as of December 29, 2006. |
