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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 analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical costs.
This 1 Challenge Will Test New CVS Health CEO David Joyner
The industry-wide rise in health coverage costs makes the company's Aetna unit the new leader's most difficult problem.
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 Aetna. The biggest pharmacy chain in the U.S. had already been moving beyond retail since its 2007 deal for pharmacy benefit manager Caremark.
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 ...
2d
on MSN
What went wrong at CVS? Departing CEO Karen Lynch’s reign started brilliantly, then unraveled fast
Karen Lynch, a superstar CEO championing the biggest of big ideas, is out. As chief of corner drugstore and health ...
HealthLeaders Media
11h
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 ...
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
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 ...
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 ...
Modern Healthcare
3d
CVS ousts CEO Karen Lynch, names Caremark head as new chief
CVS Health Corp. named David Joyner as its new CEO, ending a tumultuous tenure for current CEO Karen Lynch at the pharmacy ...
8h
CVS Health: Hold Rating Amid Health Care Benefits Segment Challenges and Future Prospects
CVS Health (CVS – Research Report), the Healthcare sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael ...
2d
Karen Lynch took over CVS with a story of trauma and loss. Her ouster is another twist.
During her time at the helm of CVS Health, former chief executive Karen Lynch often placed her complicated family history at ...
3d
on MSN
CVS replaces CEO as profits, share price suffer
The pharma chain giant recently engaged strategic advisors about possibly breaking off its insurance and retail business.
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