Medibank CEO George Savvides to retire - and far earlier than expected
Tim BinstedReporter
Updated
The shock early exit of Medibank Private chief executive George Savvides has raised the ire of some investors who have criticised the health insurer's board and its failure to consult shareholders.
The nation's biggest private health insurer said on Wednesday that Mr Savvides will retire in March next year, little more than a year after the federal government floated the company in a $5.7 billion IPO.
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
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