WellPoint CFO's affairs exposed by lawsuit

In this era of hyper-scrutiny of corporate ethics, even messy personal lives can fell the career of a "well-loved and well-respected" executive. Such appears to be the case with David C. Colby, whom WellPoint Inc. forced to resign as its vice chairman and chief financial officer on May 30 for violating the company's code of conduct in a "non-business" way.

 

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