The leaders of the three companies have warned it will take time for the effort to meet its goal of improving care for their workers. (Photo: Shutterstock)

Jack Stoddard, a longtime health-care executive, has been named as chief operating officer of the new health venture being launched by Amazon.com Inc., JPMorgan Chase & Co. and Berkshire Hathaway Inc.

Stoddard started Tuesday, according to a statement from the still-nameless health venture. He'll work with Atul Gawande, the Harvard surgeon and writer who was named in June to run the initiative.

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