Shares tumble as CEO quits
Thursday, March 27, 2003 | 9:40 a.m.
SUNRISE, Fla. -- Pediatrix Medical Group Inc., the largest health-care provider for premature or sick newborns and their mothers in the United States, said Chief Executive Kris Bratberg resigned, less than three months after starting the job.
The firm's shares fell as much as 19 percent this morning.
Bratberg, 40, stepped down for personal reasons, Pediatrix said in a statement. Company spokesman Bob Kneeley declined to elaborate. Bratberg was replaced by co-founder and Chairman Roger Medel. Medel, 56, was chief executive from 1979 until Jan. 1, when Bratberg took over.
The resignation comes amid a review of one of the company's acquisitions by the U.S. Federal Trade Commission. The FTC has twice asked Pediatrix for information about the purchase of Magella Healthcare Corp. in the past year. The FTC has sought information about both companies and the markets they serve.
archive
- Most Read
- Discussed
- Most E-mailed
- Google Maps glitch renames Henderson
- Fight snapshot: Pacquiao is a hit with Jimmy Kimmel, and vice versa
- Vegas is inspiring, but not buying, ideas for tourism ads
- Rebels’ win raises a few what-ifs
- Wood: Not the renewable energy some had in mind
- Pinnacle CEO resigns after meeting confrontation
- Quagga mussels a toxic threat to Lake Mead
- As earnings fall, Riviera unsure if bankruptcy can be avoided
- Trial set for parents of boy, 4, who died in hot vehicle
- Not all doctors agree with AMA support of bill
Blogs
Robin Leach's Las Vegas Celebrity Watch
Who are the Final Four on Dancing With the Stars?
Politics: Ralston's Flash
Drugs bring Nevada governor, first lady back together (1 Comment)
Elsewhere
Macau's gambling industry faces nightmare of water rationing (1 Comment)
Top Chef: Las Vegas
Top Chef Odds Week 11: And then there were six
Politics: The Early Line
Rep. Berkley livens health care debate with story of her own (1 Comment)
Now and Then
Wranglers to face familiar foe and that's putting it mildly
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s DWTS dream is in danger
Calendar »
- 10 Tue
- 11 Wed
- 12 Thu
- 13 Fri
- 14 Sat
-
Las Vegas Wranglers vs. Utah Grizzlies
Orleans Hotel-Casino
-
Leaving Springfield at Beauty Bar
Beauty Bar | 10 p.m. to 11:59 p.m.
-
Justin Sayne and Dignity at Moon
Moon Nightclub | 10:30 p.m. to 11:59 p.m.
-
Lily Tomlin at the Hollywood Theatre
Hollywood Theatre at MGM Grand
-
2nd Annual Go-Go Cup at Blush
Blush Boutique Nightclub | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
Technorati









