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CVS Health Corporation (CVS)

NYSE - Nasdaq Real-time price. Currency in USD
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77.20+0.10 (+0.13%)
At close: 04:00PM EST
77.19 -0.01 (-0.01%)
After hours: 07:50PM EST

CVS Health Corporation

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

Sector(s)Healthcare
IndustryHealthcare Plans
Full-time employees219,000

Key executives

NameTitlePayExercisedYear born
Ms. Karen Sue LynchPresident, CEO & Director4.82MN/A1963
Mr. Tilak MandadiExecutive VP of Ventures and Chief Digital, Data, Analytics & Technology Officer4.19MN/A1965
Mr. Prem S. Shah Pharm.DExecutive VP, Chief Pharmacy Officer and President of Pharmacy & Consumer Wellness3.02M607.79k1980
Mr. Vijay PatelSenior Director of Business Development & CVS Health and Partner & Co-FounderN/AN/AN/A
Mr. Thomas Francis CowheyExecutive VP & CFON/AN/A1972
Mr. James David ClarkSenior VP, Controller & Chief Accounting OfficerN/AN/A1965
Mr. Laurence F. McGrathSenior Vice President of Business Development & Investor RelationsN/AN/AN/A
Mr. David A. FalkowskiExecutive VP & Chief Compliance OfficerN/AN/AN/A
Mr. Samrat S. Khichi Esq.Executive VP, Chief Policy Officer & General CounselN/AN/A1967
Ms. Laurie P. HavanecExecutive VP & Chief People OfficerN/AN/A1961
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 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, 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, CMS, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. 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 February 2024 is 5. The pillar scores are Audit: 7; 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.