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Merlo announced his retirement from CVS on November 6, 2020 with January 31, 2021 being his last day. He was succeeded by Karen S. Lynch, then Executive Vice President, CVS Health and President, Aetna at the time. [10] Over the course of his tenure, CVS stock rose from $33.21 to $72.08, a 217% gain in share price. Comparatively, the S&P 500 ...
Karen S. Lynch (née Rohan, born December 30, 1963) is an American businesswoman and the president and chief executive officer of CVS Health. Lynch serves on the board of directors of AHIP, CVS Health, and U.S. Bancorp. In 2015, she became the first female president of Aetna. She has held executive positions at Magellan Health Services and Cigna.
CVS Health Corporation. CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group.
PROVIDENCE – A former senior vice president at CVS Health who helped oversee the pharmacy chain’s pandemic response is suing his ex-employer, accusing the company of illegally reneging on his ...
cvs.com. Footnotes / references[ 5 ] CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [ 6 ] Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963. [ 7 ] The chain was owned by its original holding company Melville Corporation ...
(Reuters) -CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs. The reductions, part of ...
October 30, 2023 at 4:40 PM. By Leroy Leo. (Reuters) -Some employees at CVS Health Corp and Walgreens Boots Alliance's U.S. pharmacies launched a three-day walkout starting Monday to push the ...
Gene J. Puskar / AP. CVS Health said it is cutting about 2,900 employees as part of a goal to reduce costs by $2 billion. The job cuts represents about 1% of the health care company's workforce, a ...