APNewsbreak: Livestrong CEO resigns after less than 1 year
AUSTIN, Texas (AP) The chief executive of the Livestrong cancer foundation has resigned after less than one year on the job to focus on her family.
Chandini Portteus was brought in to help bolster the foundation as it struggles to recover from declines in revenues and donations after founder Lance Armstrong's performance-enhancing drug use scandal.
According to publicly released financial records, Livestrong had a 29 percent drop in revenue in 2014, the second straight year of sharp declines, before Portteus arrived.
In a statement Tuesday to The Associated Press, Portteus and Livestrong board chair Candice Aaron say Portteus is leaving immediately for personal reasons.
Portteus came to Livestrong from Susan G. Komen (KOH'-men) for the Cure, the world's largest breast cancer foundation. Portteus called her time with Livestrong a ''privilege and an honor.''