UHS CEO to step down from the hospital company in January

/ / News

Universal Health Services Inc. said Tuesday that longtime CEO Alan Miller will step down and his son, Marc Miller, who currently serves as president of the hospital company, will replace him in January. Alan Miller, who is 82, founded UHS in 1979. Universal’s stock so far this year is down 22.5%. The S&P 500 has gained 5.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.