The unexpected departure of long time chief executive William McGuire "who undoubtedly has been one of the most successful CEO's in corporate America over the past 10 years" according to analysts at Deutsche Bank (DB) quoted in this WashingtonPost.com article, didn't strengthen their position.
The appointing of second-in-command Stephen Hemsley to replace McGuire has eased Wall Street minds a bit as he "is regarded as one of the best operators in the industry" stated Merrill Lynch & Co. Inc. (MER) analyst Douglas Simpson.
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