Not Being Compliant? Wright Medical's CEO Quickly Resigns

Wright Medical's CEO abruptly resigned before a board meeting to discuss management and how it was handling the company's ongoing compliance program. Gary Henley also resigned from the board of directors. The company also got rid of Frank Bono, senior VP and chief technology officer for "failing to exhibit appropriate regard for the company's ongoing compliance program." David D. Stevens has been named the interim president and CEO of the company.--Maria Fontanazza