WebMD CEO Redmond leaving; company reports narrower loss

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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