WellPoint Appoints Ren Elder as President, Pharmacy Benefit Management and Senior Vice President for WellPoint
THOUSAND OAKS, Calif.--PRNewswire-FirstCall via COMTEX--WellPoint, Inc. (WLP) today announced the appointment of Renwyck "Ren" Elder as President, Pharmacy Benefit Management (PBM) and Senior Vice President of WellPoint. In this role, Elder will be responsible for developing and executing WellPoint's strategic direction and industry-transforming capabilities in pharmacy benefit management.
"Ren is a dynamic healthcare executive with a proven track record in building and leading successful organizations in pharmacy benefits administration and managed care industries," said Joan Herman, President and CEO, WellPoint Specialty, Senior & State Sponsored Business for WellPoint. "We are very excited that Ren will be joining our team as we continue to expand our PBM products, services and capabilities. Under Ren's leadership I expect our PBM will continue to grow, by delivering best in class PBM services to both WellPoint's own health plans and to our increasing list of external customers."
Elder has held extensive leadership roles throughout his career in pharmacy network development and management, provider management, pharmacy program analysis and client analytics, product development and clinical management. He recently comes from AdvancePCS (now Caremark Rx) where he held a range of leadership positions in the areas of pharmacy network strategies, strategic business consulting, and clinical services.
Elder is an active member of many professional affiliations including the Academy of Managed Care Pharmacy, National Association of Chain Drug Stores and National Counsel on Prescription Drug Programs. Elder holds an MBA and a BS in Pharmacy.
About WellPoint, Inc.
WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. WellPoint, Inc. is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), Wisconsin; and through HealthLink and UniCare. Additional information about WellPoint is available at www.wellpoint.com .
SOURCE WellPoint, Inc.
