Sunday, November 24, 2024

Healthcare Finance: CDC Director Resigns after Public Disclosure of Stock Holdings

“Brenda Fitzgerald, MD, has resigned her post as director for the Centers for Disease Control and Prevention after it was reported that she bought shares of a tobacco company a month into her tenure.”

“Fitzgerald became director of the CDC in July, bought stock in Japan Tobacco in August 2017, and sold it at the end of October. A day after the purchase, she toured the CDC’s Tobacco Laboratory, which studies the toxic effects of tobacco and tobacco products, according to NPR.”

“Fitzgerald had already drawn Congressional ire for not divesting financial ties to other companies…” Read the full article here.

Source: CDC director resigns after trading tobacco stock in apparent conflict of interest – By Jeff Lagasse, January 31, 2018. Healthcare Finance News

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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