UnitedHealth Group Inc. announced several changes to bolster its governance procedures.
Five board seats will be filled by new independent directors over the next three years in order to bring "new experiences, expertise and perspectives into its membership." A new senior executive position, "chief legal officer," will be established. The current "chief ethics officer" and "chief administrative officer" positions will be made into senior executive positions. A separate position of "secretary to the board," will be established to ensure the board's "activities and recordkeeping are in line with best corporate practices."
