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NEW YORK (AP) — Shares of WellPoint Inc. rose before Wednesday’s opening bell, after the insurance company’s CEO resigned amid investor frustration with the company’s disappointing financial results.

The Indianapolis-based company said late Tuesday Angela Braly is departing, and executive vice president and general counsel, John Cannon, will serve as interim president and CEO. In addition, lead director Jackie Ward was named the non-executive chair of the company’s board.

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