CVS Health shook up its executive suite, adding responsibilities for several members of the company’s executive leadership team.
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The moves, made by chief executive officer Karen Lynch, come at a difficult time for retail pharmacies, which have seen their stock prices battered on Wall Street in recent weeks. The CVS announcement also comes less than a week after rival Walgreens Boots Alliance chief executive officer Roz Brewer was stepping down after less than three years on the job.
“Our leaders are deploying the full set of our capabilities to improve overall health, lower costs, and provide broad access to care for the people and communities we serve,” Lynch said in a statement.* Shawn Guertin will continue as Chief Financial Officer, adding the new role of President of Health Services.
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