CVS Health Appoints Montgomery President Of CVS Pharmacy

CVS Health has appointed Neela Montgomery evp/president of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the U.S.

Montgomery, currently a board partner at venture capital firm Greycroft, most recently served as CEO of Crate & Barrel and has nearly 20 years of global retail experience. Prior to Crate & Barrel, she served as group executive board member of the Otto Group. Before joining Otto, she served as UK general merchandise director at Tesco.

“Neela is a seasoned retail industry leader with extensive digital and e-commerce experience,” said Karen Lynch, who will become president and CEO of CVS Health in February 2021. “She brings deep consumer insights that will allow us to better anticipate consumers’ changing needs and deliver even more value to our customers in local, personalized ways. Neela is well-positioned to lead CVS Pharmacy today and into the future.”

Montgomery will report directly to Lynch and become a member of the company’s executive team.