WebMD shakes up top management, CEO to leave

(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. …

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