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Lowe’s names insurance exec to board

Mooresville, N.C. -- Angela F. Braly, 52, has been named to the Lowe’s board of directors, with a term expiring at Lowe’s 2014 annual meeting of shareholders. This brings Lowe’s board of directors to 12 members, 11 of whom are independent.

Braly is former chair, president and CEO of WellPoint, Inc., one of the nation’s largest health benefits companies. She served as WellPoint’s president and CEO from 2007 until 2012, and was also chair of the board from 2010 until 2012. She was president and CEO of Blue Cross Blue Shield of Missouri from 2003 to 2005.  In addition to her new role on the Lowe’s board of directors, Braly also serves on the board of The Procter & Gamble Company.

Braly will serve on the audit and governance committees of the board.

© 2014