PacifiCare’s CFO Resigns, Replacement Sought

PacifiCare Health Systems Inc., the largest operator of Medicare health-maintenance organizations, said Chief Financial Officer Robert Stearns resigned and Senior Vice President Mary C. Langsdorf will take over the position until a replacement is found. Stearns, 47, joined Santa Ana-based PacifiCare in July 1998. PacifiCare did not give a reason for his departure, but said it has begun a search for his replacement. PacifiCare fell $2.03 to close at $56.94 on Nasdaq, a 52-week low. The resignation was announced after the close of trading.