David C. Colby, former CFO of WellPoint … Asked to Resign for “Unspecified code of conduct Violations”
What on earth was going on at WellPoint all these years? The golden boy, former CFO David C. Colby, was asked to step down for unspecified “code of conduct” violations. That would be code for scandal.
Colby, the company said in a statement, had committed unspecified violations of its code of conduct. An investigation uncovered nothing illegal and the alleged infringement was unrelated to WellPoint business, the company said. But Colby was out nonetheless and WellPoint would have nothing more to say. Women who said they dated him during his 10 years at WellPoint and accompanied him on business trips across the U.S. and Europe haven’t been so reticent. They described amorous entanglements that could embarrass the company if they became public — as it seemed they might, considering that at least four women signed up with a Hollywood producer who said he was shopping for development deals for their stories. (LA Times)
The producer, Larry Garrison, president of Thousand Oaks-based SilverCreek Entertainment, said he called WellPoint after DiCarlo agreed in early May to sell him her story. At least four of the women who agreed to participate in a media, book, movie and film-rights deal with Garrison also have retained DiCarlo’s lawyer in Los Angeles, Mark Hathaway.