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Business
Becky Sullivan

Abbott CEO apologizes for the formula shortage as the first overseas shipment arrives

Empty baby formula shelves at a grocery store in Massachusetts on Friday. (Joseph Prezioso/AFP via Getty Images)

The CEO of Abbott, the company whose voluntary recall of several widely sold baby formula brands helped trigger a nationwide formula shortage, has apologized for the crisis, as the first overseas shipment of formula approved by President Biden arrived in the U.S. Sunday.

"We're sorry to every family we've let down since our voluntary recall exacerbated our nation's baby formula shortage," wrote CEO Robert Ford in an op-ed published Saturday in the Washington Post.

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