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Can the new CVS CEO handle the Aetna challenge?
As CVS Health's new CEO David Joyner steps into the top job, 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.
4d
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 ...
6d
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 ...
7d
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 ...
4d
CVS needs ‘realistic targets’ it can exceed says analyst after CEO dismissal
As the new CEO at CVS, Joyner’s strategic partner will be CFO Tom Cowhey, who was promoted to the role in January after ...
HealthLeaders Media
4d
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 ...
4d
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 ...
Fierce Healthcare
7d
CVS ousts Karen Lynch, taps Caremark head as new CEO
It's a tumultuous time at industry giant CVS Health, and on Friday the company revealed a shakeup at the top that now has ...
7d
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 ...
7d
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.
3d
CVS Is Closing Hundreds of Stores by the End of 2024
The retailer announced plans in 2021 to shutter nearly 900 stores between 2022 and 2024. Here are the details on this year's ...
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Karen Lynch
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