cvs

Retail
CVS Names Finke President Of Health Care Benefits Segment

CVS Health has named Daniel Finke evp/CVS Health and president, health care benefits segment, effective February 1, 2021. Finke will succeed Karen Lynch, who will become president and CEO of CVS Health in February.

Financials
CVS Names Lynch CEO As Q3 Beats Wall Street

CVS Health beat a Wall Street estimate for third quarter income as its Retail/LTC division sales gained. The company’s board of directors has also appointed Karen Lynch, currently evp/CVS Health and president, Aetna, as the company’s next president and CEO as well as a member of the board.

Retail
CVS Health Looks To Hire 15K In Fourth Quarter

CVS Health said it is recruiting qualified candidates to fill 15,000 jobs. These new and existing positions will help the company continue to respond to the needs of communities across the country during the fall and winter months when the incidences of COVID-19 and the flu are expected to increase.

Retail
CVS Expanding Workforce In Arizona

In anticipation of the increased demand for influenza vaccinations and the likely ongoing presence of COVID-19 this fall, CVS Health said it is hiring for approximately 300 new jobs throughout Arizona over the coming months. 

Retail
CVS Establishes 1,000 COVID-19 Test Sites

Delivering on a commitment the company made in April, CVS Health will open additional COVID-19 test sites at select CVS Pharmacy drive-thru locations to establish a total of 1,000 sites across more than 30 states and Washington, D.C.

Retail
CVS Expanding COVID-19 Test Sites

Building on the company’s efforts to help slow the spread of the coronavirus, on Friday, May 15, CVS Health will open more than 50 COVID-19 test sites at select CVS Pharmacy drive-thru locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania. The opening of hundreds of additional test sites across the country will be announced over the next two weeks.

Retail
CVS To Expand COVID-19 Testing Capabilities

CVS Health joined with other pharmacy chains and retailers at the White House yesterday, April 27, to announce the next phase in COVID-19 testing. In addition to the large-scale test sites the company has been operating since March, CVS Health will utilize its expansive community presence to bring testing closer to home while maintaining strict safety standards.

Retail
CVS To Acquire Schnucks Pharmacies

CVS and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets Inc.’s retail and specialty pharmacy businesses. 

Retail
CVS Making Changes To Board Of Directors

CVS Health is making changes to its board of directors. Richard Swift, Richard Bracken and Mark Bertolini will not stand for reelection at the company’s 2020 annual meeting. The board will then be reduced from 16 to 13 directors in order to further align with corporate governance best practices, the company said.

Retail
CVS Expanding HealthHub Store Format

CVS is debuting its HealthHub store format in 15 locations across the Houston community. The retailer’s new store format is said to feature a broader range of health care services to help patients better manage chronic conditions; more products and services focused on overall health and wellness; and trusted advice and personalized care.

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