UnitedHealth Group Inc. formed a new “public responsibility committee” within its board to enhance governance and oversight as the embattled health-care conglomerate tries to repair its standing with shareholders, regulators and the public.
The committee “will monitor and oversee financial, regulatory, and reputational risks,” the company said in a filing Wednesday. UnitedHealth also named a new lead independent director, the former Vanguard Group chief F. William McNabb, who has served on the board since 2018.