Three Public Laboratories Choose New Presidents

LabCorp, Unilab and Meris start 1997 by bringing in new executive leadership

CEO SUMMARY: Three public laboratories experiencing serious financial pressure enter the new year with a change in presidents. It is a sign that stockholders and creditors are growing increasingly restless with these organizations’ inability to earn satisfactory profits.

Turnover among chief executive officers is usually not a good sign. During the last 45 days, three public

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