CVS Health Corporation (CVS)

66.90 -2.42 (-3.49%) At close: 04:00PM EST

CVS Health Corporation

One CVS Drive
Woonsocket, RI 02895
United States
401 765 1500
https://www.cvshealth.com

Sector(s): Healthcare
Industry: Healthcare Plans
Full-time employees: 219,000

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Karen Sue Lynch	President, CEO & Director	4.82M	N/A	1963
Mr. Tilak Mandadi	Executive VP and Chief Digital, Data, Analytics & Technology Officer of CVS Health	4.19M	N/A	1964
Mr. Shawn Michael Guertin	President of Health Services, Executive VP & CFO (Leave of Absence)	4.63M	N/A	1964
Mr. Prem S. Shah Pharm.D	Executive VP, Chief Pharmacy Officer and President of Pharmacy & Consumer Wellness	3.02M	607.79k	1980
Mr. Thomas Francis Cowhey	Senior VP of Corporate Finance & Interim CFO	N/A	N/A	1972
Mr. James David Clark	Senior VP, Controller & Chief Accounting Officer	N/A	N/A	1965
Mr. Laurence F. McGrath	Senior Vice President of Business Development & Investor Relations	N/A	N/A	N/A
Mr. Samrat S. Khichi Esq.	Executive VP, Chief Policy Officer & General Counsel	N/A	N/A	1967
Mr. Norman de Greve	Chief Marketing Officer	N/A	N/A	N/A
Ms. Laurie P. Havanec	Executive VP & Chief People Officer	N/A	N/A	1961

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CVS Health Corporation provides health services in the United States. It operates through Health Care Benefits, Pharmacy Services, and Retail/LTC segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.

Corporate governance

CVS Health Corporation’s ISS governance QualityScore as of 28 November 2023 is 5. The pillar scores are Audit: 6; Board: 4; Shareholder rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.