CVS Health Corporation (CVS)

66.63 -0.22 (-0.33%) At close: 04:00PM EDT

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	5.12M	N/A	1963
Mr. Thomas Francis Cowhey	Executive VP & CFO	1.83M	N/A	1972
Mr. Tilak Mandadi	Executive VP of Ventures and Chief Digital, Data, Analytics & Technology Officer	2.38M	N/A	1965
Mr. Samrat S. Khichi Esq.	Executive VP, Chief Policy Officer & General Counsel	3.39M	N/A	1967
Mr. Prem S. Shah Pharm.D	Executive VP, Chief Pharmacy Officer and President of Pharmacy & Consumer Wellness	2.58M	N/A	1980
Mr. Vijay Patel	Senior Director of Business Development & CVS Health and Partner & Co-Founder	N/A	N/A	N/A
Mr. James David Clark	Senior VP, Controller & Chief Accounting Officer	N/A	N/A	1965
Mr. David A. Falkowski	Executive VP & Chief Compliance Officer	N/A	N/A	N/A
Ms. Heidi B. Capozzi	Executive VP & Chief People Officer	N/A	N/A	1970
Mr. J. David Joyner CEBS	Executive Vice President & President of CVS Caremark	N/A	N/A	1965

Amounts are as of 31 December 2023, 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 solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness 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 Health Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, specialty and mail order pharmacy, clinical, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, CMS, plans offered on public health insurance, and other sponsors of health benefit plans. The Pharmacy & Consumer Wellness segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. It operates online retail pharmacy websites, LTC pharmacies and on-site pharmacies, retail specialty pharmacy stores, compounding pharmacies and branches for infusion and enteral nutrition services. 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 1 October 2024 is 1. The pillar scores are Audit: 8; Board: 2; Shareholder rights: 1; 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.