2005 Annual Salary Information 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 23, 2006, based on 2004 compensation data. It includes the names and salaries of each executive, noting the retirement dates for some individuals. The information is provided for disclosure in the company's 2005 annual meeting proxy statement. Bonus awards for 2005 had not yet been determined at the time of this disclosure.
Exhibit 10.57
SALARY INFORMATION FOR CHIEF EXECUTIVE OFFICER
AND NAMED EXECUTIVE OFFICERS
The following table sets forth as of February 23, 2006, 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 2005 Annual Meeting of Shareholders, which was based on salary and annual bonus for 2004 as required by the Instructions to Item 402(a)(3) of Regulation S-K. The Company has not yet determined bonus awards for 2005 and therefore the identities of the other Named Executive Officers for the Company’s Proxy Statement for its 2006 Annual Meeting of Shareholders are not yet known.
| Named Executive Officer | Salary | ||
| Larry C. Glasscock | $ | 1,250,000 | |
| Keith R. Faller | $ | 650,000 | |
| Thomas G. Snead, Jr.1 | $ | 580,000 | |
| David R. Frick2 | $ | 535,000 | |
| Michael L. Smith3 | $ | 535,000 | |
| 1 | Mr. Snead retired from the Company effective January 31, 2006. The salary amount shown for Mr. Snead was the salary in effect on the date of his retirement. |
| 2 | Mr. Frick retired from the Company effective July 1, 2005. The salary amount shown for Mr. Frick was the salary in effect on the date of his retirement. |
| 3 | Mr. Smith retired from the Company effective January 31, 2005. The salary amount shown for Mr. Smith was the salary in effect on the date of his retirement. |
