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CFO's Departure Spurs Another Conseco Selloff
Updated from 12:31 p.m. EST.
Conseco (CNC Quote) plunged anew Wednesday as the company's financial chief left without explanation after just a year on the job.
The stock fell 21% Wednesday afternoon as the Carmel, Ind., insurer and lender told investors CFO Chuck Chokel would depart to "pursue other interests." Operating chief Bill Shea will replace Chokel till a permanent replacement can be found, the company said. ...
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