Abbott CEO Apologizes for Baby Formula Shortages; Experts Weigh in on Crisis

Abbott CEO Apologizes for Baby Formula Shortages; Experts Weigh in on Crisis
Grocery store shelves where baby formula is typically stocked are locked and nearly empty in Washington, D.C., on May 11, 2022. Stefani Reynolds/AFP via Getty Images
Andrew Moran
Updated:
Abbott Laboratories CEO Robert Ford apologized for the nationwide baby food formula shortages in a Washington Post op-ed on May 21.

“And yes, we take great pride in manufacturing nutrition and formula to feed America’s infants, including our most vulnerable,” Ford wrote. “But the past few months have distressed us as they have you, and so I want to say: We’re sorry to every family we’ve let down since our voluntary recall exacerbated our nation’s baby formula shortage.”

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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