Cano Health CEO resigns, shares jump

Cano Health

16/06/2023 22:28

** Shares of health insurer Cano Health  CANO.N  up 17.6% at
$1.47 in extended trading
    ** Co says board and Dr. Marlow Hernandez agreed for him to
resign immediately as CEO and continue to serve on board
    ** Names Mark Kent, chief strategy officer, as interim
executive chief
    ** Shareholders including Cooperstone, Gold & Sternlicht on
April 10 issued an open letter with the need to replace CEO
    ** Up to Friday's close, stock had fallen 8.8% so far in
2023

 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))