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There’s a new power player at CVS
CVS Replaces CEO Karen Lynch with Caremark Head in Latest Shake-Up
David Joyner will take over as the company heads in a new direction to stabilize its finances. CVS Health’s reshuffling has reached the highest level of the organization, with the healthcare giant moving to replace its CEO as it searches for a new formula.
There’s a new power player at CVS after Karen Lynch’s dismissal—but he’s not CEO
Roger Farah, who worked behind the scenes to right Ralph Lauren and Tory Burch, will become Executive Chairman at CVS.
CVS shakeup: Stock tumbles on abrupt news that David Joyner will replace CEO Karen Lynch
The struggling pharmacy chain said Friday that the change in leadership is effective immediately. Lynch had been CEO since early 2021. One of the nation’s largest healthcare companies is experiencing a seismic shakeup.
CVS needs ‘realistic targets’ it can exceed says analyst after CEO dismissal
Headquartered in Woonsocket, R.I., CVS owns the country’s largest pharmacy chain with more than 9,000 stores. By late 2022, Lynch helped lift CVS’s share price from $70 to roughly $110, and investors were onboard with her new strategy: Making CVS a one-stop shop for basic care,
3h
on MSN
Analysis-Can the new CVS CEO handle the Aetna challenge?
As CVS Health's new CEO David Joyner steps into the top job after Karen Lynch's quick departure on Friday, Wall Street ...
14h
As more CVS/Aetna layoffs loom, some CT lawmakers want more info from company
CVS Health plans to lay off more than 400 employees connected to its offices in Hartford. But it has declined to disclose how ...
STAT
4h
Behind CVS CEO’s ouster, a question: Do a pharmacy and a health insurer make sense together?
That has been the existential question for CVS Health for six years, since its $70 billion acquisition of the massive insurer ...
10h
What went wrong at CVS
That experience was in the back of my mind when reading about the struggles at CVS Health, which owns Aetna, and the ouster ...
The Pharma Letter
12h
CVS: Management change amid underperformance at Aetna
US financial services company’s Morningstar senior equity analyst Julie Utterback has published a new note regarding drug ...
12h
The continuing woes of CVS
The company is trying to have it all: drug stores, in-store primary health clinics, health insurance (Aetna), and a pharmacy ...
3d
on MSN
CVS names new CEO in the wake of layoffs and poor stock performance
America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David ...
Benefits Pro
11d
CVS layoffs will include more than 400 employees at Aetna
On the heels of its recent announcement that CVS Health will eliminate about 2,900 jobs nationwide, the health care giant is ...
3d
CVS Ousts C.E.O. as Sluggish Growth Spooks Investors
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state ...
Milford Mirror
3d
Change in top job at CVS comes amid Aetna layoffs in CT, other states
Aetna veteran Karen Lynch has been replaced as CEO of CVS Health, less than four years after getting the top job.
2d
on MSN
What went wrong at CVS? Departing CEO Karen Lynch’s reign started brilliantly, then unraveled fast
A trifecta of problems, some that started before she took the top job, ended the reign of one of the most powerful women in ...
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