John Cannon is a seasoned leader in the health care and legal fields, holding a J.D. from the University of Virginia School of Law. Born in October 1954, he served as the Interim President and CEO of Elevance Health, where...
John Cannon is a seasoned leader in the health care and legal fields, holding a J.D. from the University of Virginia School of Law. Born in October 1954, he served as the Interim President and CEO of Elevance Health, where he played a key role during a transitional phase. His career is notable for a significant moment in 2012 when he was appointed as Interim CEO and received a bonus of $500,000 in recognition of his performance. However, his journey took a surprising turn when he was terminated from his role as Executive Vice President and General Counsel of WellPoint, Inc. without cause in 2014. Interestingly, despite the challenges, Cannon has remained involved in the health care sector, reflecting his strong expertise and resilience. His compensation varied over the years, showing fluctuations linked to his performance and positions held, but he emphasized performance-based pay. Outside of his roles, he has had significant holdings in Elevance Health, dominating much of his wealth at peak times. This blend of legal prowess and executive leadership showcases a complex career marked by ups and downs that many can learn from.