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Wright Medical Group Inc. (WMGI), the artificial-joint maker that last year settled U.S. accusations it paid doctors to use its products, fell the most in more than two years after its chief executive officer resigned.
Gary D. Henley, CEO since 2006, resigned yesterday before a board meeting called to discuss management’s oversight of the company’s "ongoing compliance program," Arlington, Tennessee- based Wright said in a statement today. David D. Stevens, the board chairman, has been appointed interim CEO until a replacement can be found, the company said. |
