Livestrong Foundation CEO Resigns After Less Than a Year

The chief executive and president of Livestrong resigned Tuesday after less than a year on the job, another blow to the cancer foundation that has struggled with sharp declines in donations and revenue since founder Lance Armstrong's performance-enhancing drug-use scandal.

Chandini Portteus said she wanted to focus on her family. She was brought in to help rebuild Livestrong, but the foundation now finds itself with yet another leadership change as its once-global brand continues to shrink. Greg Lee, the chief financial officer of Livestrong for nearly 10 years, will serve as president.