ARLINGTON, Va. — Larry Merlo, who stepped down as president and CEO of CVS Health in February, on Wednesday received the Sheldon W. Fantle Lifetime Achievement Award from the National Association of Chain Drug Stores. The honor, which recognizes individuals whose accomplishments and contributions to the chain drug industry over the course of their
WOONSOCKET, R.I. — CVS Health said Monday that Karen Lynch has assumed the position of president and chief executive officer at the company. In her new role, she will lead nearly 300,000 colleagues who are passionate about transforming health care to be simpler, more convenient and more personalized. As previously announced, Lynch is replacing
WOONSOCKET, R.I. — MMR’s sister publication Chain Drug Review has honored Larry Merlo, chief executive officer of CVS Health, with its Lifetime Achievement Award. It was not a difficult decision. In 10 years as CVS’ CEO, Merlo has remade the company, leading it into the next generation of health care while simonizing its appeal to
WOONSOCKET, R.I. — CVS Health has formally launched its COVID-19 vaccination program for long-term care facilities, whose residents have been disproportionality impacted by the pandemic. CVS Pharmacy teams will administer the first dose of the Pfizer vaccine in facilities across 12 states this week, and the company expects to vaccinate up to four million residents
WOONSOCKET, R.I. — CVS Health’s board of directors announced November 6 that Larry Merlo, who has served as chief executive officer of the company for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president of CVS Health and president of Aetna, will become the company’s president and
WOONSOCKET, R.I. — CVS Health’s board of directors announced on Friday that Larry Merlo, who has served as CEO of CVS Health for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president, CVS Health and president, Aetna, will become the company’s next president and chief executive officer, effective February 1,
NEW YORK — The COVID-19 pandemic has left few major business sectors untouched, and retail — as well as the supplier community that serves it — is adapting to a landscape transformed by profound changes in consumer behavior and priorities. To help the industry navigate these uncharted waters, Chain Drug Review and Mass Market Retailers
Editor’s note: This is the first in a series of articles on how retailers are responding to the COVID-19 crisis. This past month — for all Americans — has been unlike any other experienced in our lifetimes. The heroic efforts of health care professionals and others on the front lines of the pandemic have been
WOONSOCKET, R.I. — CVS Health announced on Thursday that it has successfully completed the first year of combined operations following the acquisition of Aetna in late 2018. The combined company has met or exceeded its first-year integration goals while introducing new, consumer-focused offerings as a result of its unmatched capabilities. CVS Health remains on track
WOONSOCKET, R.I.— CVS Health stock rose nearly 6% in pre-market trading on Wednesday after the company reported strong second quarter operating results for the three months ended June 30, 2019. Second quarter earnings beat Wall Street’s expectations, and the company significantly raised its own projection for full-year earnings. “We posted strong second quarter results, with
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work
SAN FRANCISCO — While speaking at the 37th Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel here, CVS Health chief executive officer Larry Merlo discussed efforts under way to integrate Aetna into its business. Those efforts include CVS opening the first of a series of concept stores next month in the Houston