CGI Group Seen Rebounding From Obamacare Website Failure

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CGI Group Inc. Chief Executive Officer Michael Roach told investors at a conference two weeks before the debut of the Obamacare website that the contract marked the start of a “long-term relationship” and a “significant growth opportunity.”

Instead, Canada’s biggest technology company is now a visible face for software snags on the U.S. government site for the 2010 Patient Protection and Affordable Care Act. That’s made CGI known in the U.S. for the wrong reasons, prompting a five-day stock slide and threatening to dent its reputation.