WedMD Appoints New CEO

The most popular online medical diagnosis website is getting new leadership. Cavan Redmond, a former executive at Pfizer, was named WebMD’s (NASDAQ:WBMD) Chief Executive Officer on Friday. Anthony Vuolo had been serving at interim CEO since January while the company found a new leader. He will be returning to his original job as chief financial officer. The search for a new CEO came in January because of a decision to put WebMD up for sale. Former CEO Wayne Gattinella was ousted because of that decision. Since then, the company has been looking for his replacement.WebMD has been down since calling off the sale of the company and is still slightly down on this news, lower by four tenths of a percent to $22.93.