Totally announced Friday the resignation of Chief Executive Officer Clare Wexler.
Wexler, who has been at the helm of the digital services company since last May, is stepping down with immediate effect for personal reasons.
Wendy Lawrence, the Managing Director of subsidiary Totally Health, will be acting as Chief Executive as the company searches for a replacement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Lawrence previously worked for BUPA Health Dialog and has run her own company, working closely with NHS and Social Care organisations across England, Wales and Scotland.
Her NHS career spans 23 years during which time she was Chief Executive of three large Primary Care Trusts with a combined budget of £460m.
Totally delivers publishing and internet and communications services to businesses and the healthcare sector.
Shares plunged 11.29% to 1.38p at 11:29 Friday.
RD
-
Adidas, Nike or Jordans - could collectable trainers make you rich?The right pair of trainers can fetch six figures. Here's how you can start collecting vintage Adidas, Nike or Jordans now
-
Early bird ISA investors flock to global funds, India and the USThere’s been an increase in investors maxing out their ISA at the start of the new tax year. But where are they putting their cash and why does it make sense to be an early bird investor?
