Athenahealth Inc. co-founder Jonathan Bush stepped down as president and chief executive amid takeover pressure from an activist hedge fund and roughly a week after apologizing for domestic abuse involving his then-wife more than a decade ago. The health-software company on Wednesday said that the departure of Mr. Bush was effective immediately and that the firm had begun exploring strategic alternatives, a move that could lead to a sale or other changes.

Source: Wall Street Journal June 06, 2018 13:52 UTC