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Anthem board adds members, ups share buyback authorization

Anthem Inc.'s board has added Antonio Neri as a member, effective Dec. 6.

Neri serves as president of Hewlett Packard Enterprise and will become CEO of that company on Feb. 1, 2018. His term on Anthem's board will expire at the 2018 annual shareholders meeting.

Additionally, Anthem's board increased the company's share repurchase authorization by $5 billion, resulting in a current total amount available for buybacks of about $7.3 billion. The company plans to use this authorization over a multiyear period.