WebMD Names CEO Wygod to Added Post of Chairman After Long Resigns

WebMD (HLTH Quote - Cramer on HLTH - Stock Picks) named Chief Executive Martin J. Wygod to the additional post of chairman, where he will replace W. Michael Long, who resigned from the company.

Wygod will continue in his role as CEO of the online health care concern. Last week, TheStreet.com's Tish Williams took a look at WebMD's recent acquisitions, alliances and financial results.

Shares of WebMD, which is based in Elmwood Park, N.J., lost 75 cents, or 13.6%, to $4.84 in recent Nasdaq trading. Earlier in Monday's session, the stock hit a 52-week low of $4.