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.
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.
Tuesday Morning is working to build back traffic after store closures, Placer.ai reported, while CVS has made substantial visit gains at its locations.
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.
CVS Health chief operating officer Jon Roberts has provided the following update on the use of face coverings at CVS Pharmacy locations.
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.
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.
CVS Health said it has made a series of executive leadership assignments to support the company’s continued focus on innovation and strategic growth.
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.
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.