DRAPER, Utah – Feb. 25, 2013 – 1-800 CONTACTS announced today that Tim Roush has been named chief marketing officer. In this role, Roush will be responsible for leading all marketing initiatives and partnering with 1-800 CONTACT’s leadership team to drive profitable growth.
Roush is a marketing veteran who has more than 20 years experience and a proven track record of success in corporate strategy, sales, marketing and product development. He most recently served as chief executive officer for Creta Farms USA where he was responsible for the re-launch of the business in the United States, developing brand position and marketing plans. Prior to joining Creta Farms USA, Roush spent five years at Sara Lee Corporation leading the company’s most profitable business unit, lunch and dinner brands, with sales exceeding $1.4 billion.
Roush gained valuable retail marketing experience in the automobile, health care products, baby care and youth products industries. Leading several product launches, numerous marketing campaigns, developing growth strategies and successfully repositioning consumer brands, Roush brings the experience necessary to lead the marketing team of the largest online retailer of contact lenses in the United States.
“With more than 38 million people wearing contact lenses and more than 140 million people wearing glasses, we have a significant opportunity to attract new customers to our 1-800 CONTACTS and glasses.com brands. Tim’s leadership, experience and success in corporate strategy and brand marketing will help position us for continued growth,” said Brian Bethers, president of 1-800 CONTACTS.
Roush received his bachelor’s degree from Brigham Young University. He also holds a master’s degree in business administration with concentrations in marketing and finance from Pennsylvania State University.
Gene Rodriguez, Public Relations Director
317-488-6168 or 317-677-5946
1-800 CONTACTS, Inc., a subsidiary of WellPoint, Inc., is the largest retailer of contact lenses in the United States, and is dedicated to making it easier for consumers to purchase contact lenses. 1-800 CONTACTS offers all of the most popular brands of contact lenses at competitive prices while delivering exceptional customer service. The company has served more than 8 million customers, stocks more than 15 million contact lenses, and delivers more than 200,000 contact lenses every day directly to customers. Through its award-winning website, www.1800contacts.com, and its easy-to-remember, toll-free telephone number “1-800 CONTACTS” (1-800-266-8288), the company ships an industry leading 98 percent of its orders within one business day of receipt and verification of prescriptions. Through its Glasses.com division, the company offers leading name-brand glasses, free In-Home Try-On, free shipping, free returns and innovative solutions for the consumer interested in purchasing glasses online. Glasses.com is dedicated to changing the way the world buys glasses.
Salt Lake City, Utah —February, 15, 2013— 1-800 CONTACTS is delivering on a vision to expand in Utah. Today, along with the Governor’s Office of Economic Development (GOED) and Economic Development Corporation of Utah (EDCUtah), the company announced an expansion that will bring 654 new jobs to Salt Lake County.
“Businesses demonstrate confidence in Utah when they choose to expand in our State,” Governor Gary R. Herbert said. “That investment is proof of our business-friendly environment, stable regulatory environment, job-ready workforce and eagerness to work with companies who want to grow in Utah.”
The company has entered into an agreement with the state that will bring more than $35 million in new state tax revenue and more than $455 million in new state wages over the lifetime of the agreement. These wages will be at least 125 percent of Salt Lake County’s average annual wage including benefits. 1-800-CONTACTS will invest $59 million in a new facility.
1-800 CONTACTS is the largest retailer of contact lenses in the United States. Founded in 1995, 1-800 CONTACTS launched Glasses.com in 2011, extending its mission of offering exceptional customer service to glasses wearers. In 2012, WellPoint, Inc., which is expanding its efforts to build trusted relationships with consumers across the entire company, acquired 1-800 CONTACTS.
“1-800 CONTACTS currently serves more than 3 million customers annually. There are more than 38 million people wearing contact lenses and more than 140 million people wearing glasses in the United States,” said Brian Bethers, president of 1-800 CONTACTS. “Clearly, we are in a very large market, and we see a tremendous growth opportunity for our company. We appreciate this partnership with the Governor’s Office of Economic Development, which will help us continue to grow and deliver our superior level of service and expanding product line to more customers. We have made our home in Utah since our founding and look forward to creating more jobs in our home state.”
“It is gratifying to watch Utah companies become world leaders in their fields, and when partnering with the state has helped make a contribution to their growth and ability to remain in Utah we know our business support systems are working the way they are intended ,” GOED executive director Spencer Eccles said.
“We are pleased to see an established Utah company like 1-800 CONTACTS expand its corporate headquarters in the State,” said Jeff Edwards, president and CEO of EDCUtah. “This expansion of R & D, manufacturing, fulfillment, technology and customer support functions demonstrates Utah’s quality workforce and diverse business environment.”
The GOED Board of Directors has approved a post-performance Economic Development Tax Increment Financing refundable tax credit (EDTIF) of $8,801,310, or 25 percent of the new state revenue paid by the company over the 15 year life of the agreement.
The Governor’s Office of Economic Development (GOED) charter is based on Governor Gary Herbert’s commitment to economic development statewide. Utah’s economic development vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business destination. The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state. GOED accomplishes this mission through the administration of programs that are based around targeted industries or “economic clusters” that demonstrate the best potential for development. GOED utilizes state resources and private sector contracts to fulfill its mission. For more information please contact: Michael Sullivan, 801-538-8811 or email@example.com.
Gene Rodriguez, Public Relations Director
Michael Sullivan, GOED Communications Director
INDIANAPOLIS--(BUSINESS WIRE)--Jun. 20, 2012-- WellPoint, Inc. (NYSE: WLP) today announced the completion of its acquisition of 1-800 CONTACTS, Inc. 1-800 CONTACTS is the largest direct-to-consumer retailer of contact lenses in the U.S., providing consumers with a convenient and affordable way to purchase contact lenses through its easy-to-remember, toll-free telephone number, "1-800 CONTACTS" and its www.contacts.com web site; or glasses through its glasses.com web site. The company serves approximately 3.3 million customers.
"We are extremely pleased to finalize our agreement even sooner than anticipated," said Angela F. Braly, chair, president and chief executive officer of WellPoint. "1-800 CONTACTS is an extraordinary company and we look forward to working together to deliver greater value to consumers and convenient access to care. WellPoint and 1-800 CONTACTS have complementary capabilities and assets, and we can now focus on leveraging 1-800 CONTACTS' industry-leading platform to help grow direct-to-consumer relationships across the country and further supplement and expand our vision business."
1-800 CONTACTS will remain headquartered in Draper, Utah, and becomes a wholly owned operating division of WellPoint.
At WellPoint, we believe there is an important connection between our members' health and well-being and the value we bring our customers and shareholders. So each day we work to improve the health of our members and their communities. And, we can make a real difference since we have nearly 34 million people in our branded health plans, and more than 62 million people served through our subsidiaries. As an independent licensee of the Blue Cross and Blue Shield Association, WellPoint serves 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, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), and Wisconsin. In a majority of these service areas, WellPoint's plans do business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia and Empire Blue Cross Blue Shield, or Empire Blue Cross (in the New York service areas). WellPoint also serves customers throughout the country as UniCare and in certain California, Arizona and Nevada markets through our CareMore subsidiary. Additional information about WellPoint is available at www.wellpoint.com.
Source: WellPoint, Inc.
Michael Kleinman, 317-488-6713
Kristin Binns, 917-697-7802
Jill Becher, 414-234-1573
WellPoint and its representatives may from time to time make written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 ("PSLRA"), including statements in this press release, in presentations, in filings with the Securities and Exchange Commission, or SEC, in reports to shareholders and in meetings with analysts and investors. The projections referenced in this press release are forward-looking and they are intended to be covered by the safe harbor for "forward-looking statements" provided by PSLRA. Words such as "expect(s)", "feel(s)", "believe(s)", "will", "may", "anticipate(s)", "intend", "estimate", "project" and similar expressions are intended to identify forward-looking statements, which generally are not historical in nature. These statements include, but are not limited to, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include: those discussed and identified in our public filings with the SEC; increased government participation in, or regulation or taxation of health benefits and managed care operations, including, but not limited to, the impact of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010; the outcome of the proceeding pending before the U.S. Supreme Court challenging the constitutionality of such acts; trends in health care costs and utilization rates; our ability to secure sufficient premium rates including regulatory approval for and implementation of such rates; our ability to contract with providers consistent with past practice; competitor pricing below market trends of increasing costs; reduced enrollment, as well as a negative change in our health care product mix; risks and uncertainties regarding Medicare and Medicaid programs, including those related to non-compliance with the complex regulations imposed thereon and funding risks with respect to revenue received from participation therein; a downgrade in our financial strength ratings; litigation and investigations targeted at health benefits companies and our ability to resolve litigation and investigations within estimates; medical malpractice or professional liability claims or other risks related to health care services provided by our subsidiaries; our ability to repurchase shares of our common stock and pay dividends on our common stock due to the adequacy of our cash flow and earnings and other considerations; non-compliance by any party with the Express Scripts, Inc. pharmacy benefit management services agreement, which could result in financial penalties, our inability to meet customer demands, and sanctions imposed by government entities, including the Centers for Medicare & Medicaid Services; events that result in negative publicity for us or the health benefits industry; failure to effectively maintain and modernize our information systems and e-business organization and to maintain good relationships with third party vendors for information system resources; events that may negatively affect our license with the Blue Cross and Blue Shield Association; possible impairment of the value of our intangible assets if future results do not adequately support goodwill and other intangible assets; intense competition to attract and retain employees; unauthorized disclosure of member sensitive or confidential information; changes in the economic and market conditions, as well as regulations that may negatively affect our investment portfolios and liquidity; possible restrictions in the payment of dividends by our subsidiaries and increases in required minimum levels of capital and the potential negative effect from our substantial amount of outstanding indebtedness; general risks associated with mergers and acquisitions; various laws and provisions in our governing documents that may prevent or discourage takeovers and business combinations; future public health epidemics and catastrophes; and general economic downturns. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Except to the extent otherwise required by federal securities law, we do not undertake any obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are also urged to carefully review and consider the various disclosures in our SEC reports.