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WebMD CEO Redmond leaving; company reports narrower loss |
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Yahoo! Tech/Internet News
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05/07/2013 at 20:16:36 |
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By Pallavi Ail and Adithya Venkatesan (Reuters) - WebMD Health Corp said Chief Executive Cavan Redmond will be leaving the health information provider, less than a year after the former Pfizer Inc executive was appointed to turn around the company's fortunes. Shares of the company, which reported a smaller first-quarter loss, were up about 16 percent at $29.50 in after-hours trading. They closed at $25.51 on the Nasdaq on Tuesday. The company said its senior vice president of strategic and corporate development, David Schlanger, will serve as interim CEO. ...
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