NEW BRUNSWICK, N.J. — Johnson & Johnson announced Monday the appointment of Larry Merlo as non-executive chair designate for the future, listed New Consumer Health Company’s Board of Directors. Merlo previously served as president and CEO of CVS Health and brings over 30 years of purpose-driven and transformative health leadership to the Board for the
WOONSOCKET, R.I. — CVS Health is now administering COVID-19 vaccines in skilled nursing facilities in 49 states, with the rollout beginning in 36 states and Washington, D.C. last week. Start dates were as follows: December 21: Connecticut, Florida, Kentucky, Maine, Nevada, New Hampshire, New York, Ohio, Oklahoma, Oregon, Vermont December 23: Maryland December 28: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas,
WOONSOCKET, R.I. — Few executives have had the impact on the chain drug industry that Larry Merlo has had. But as he gets ready to retire after a career spanning more than four decades, framing his accomplishments within the retail pharmacy alone — as enormous as they are — would be limiting. Merlo, who has
WOONSOCKET, R.I. — CVS Health announced that president and chief executive officer Larry Merlo, executive vice president and chief financial officer Eva Boratto, and executive vice president and president, Aetna Karen Lynch, who will become the company’s next president and CEO on February 1, will participate in a fireside chat with investors at the J.P.
WOONSOCKET, R.I. — CVS Health has formally launched its COVID-19 vaccination program for long-term care facilities, whose residents have been disproportionality impacted by the pandemic. CVS Pharmacy teams will administer the first dose of the Pfizer vaccine in facilities across 12 states this week, and the company expects to vaccinate up to four million residents
WOONSOCKET, R.I.— CVS Health announced on Monday that Larry Merlo, president and chief executive officer; and Eva Boratto, executive vice president and chief financial officer; and Karen Lynch, executive vice president and president of Aetna will be participating in a fireside chat with investors at the Evercore ISI 3rd Annual Global HealthCONx Conference on December
The evolution of CVS Health during Larry Merlo’s tenure as president and chief executive officer has been truly remarkable. Merlo, who earlier this month announced that he will retire on February 1 after a decade in the job, guided the transformation of the company from a drug store operator — albeit one that had, three
WOONSOCKET, R.I. — CVS Health’s board of directors announced on Friday that Larry Merlo, who has served as CEO of CVS Health for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president, CVS Health and president, Aetna, will become the company’s next president and chief executive officer,
WASHINGTON — CVS Health and Walgreens will work with the White House to provide COVID-19 vaccinations to long-term care facilities throughout the country when the vaccine becomes available, the two companies announced Friday. “Protecting the vulnerable has been the No. 1 priority of the Trump Administration’s response to COVID-19, and that commitment will continue through
NEW YORK — The COVID-19 pandemic has left few major business sectors untouched, and retail — as well as the supplier community that serves it — is adapting to a landscape transformed by profound changes in consumer behavior and priorities. To help the industry navigate these uncharted waters, Chain Drug Review and Mass Market Retailers
WOONSOCKET, R.I. — CVS Health on Wednesday posted second quarter revenue and earnings well ahead of Wall Street’s expectations. The company also boosted its full-year guidance, as Aetna sales continue to help lift the group’s overall bottom line. The company reported net income of $2.986 billion, or $2.26 a share, in the period ended June
WOONSOCKET, R.I. — The American health care system is undergoing a period of rapid transformation. With a global pandemic as the backdrop, CVS Health has released the 2020 Path to Better Health Study, where consumers and providers were asked for their thoughts on the state of health care and how they are navigating this evolving landscape.
WOONSOCKET, R.I. — CVS Health announced it will invest nearly $600 million over five years to advance employee, community and public policy initiatives that address inequality faced by Black people and other disenfranchised communities. The investment follows a commitment from president and CEO Larry Merlo to evaluate how the company operates and how it can use its
WOONSOCKET, R.I. — In an ongoing effort to help slow the spread of the virus, CVS Health expanded its COVID-19 testing program by announcing 38 additional test sites at select CVS Pharmacy drive-thru locations across Florida. The opening of additional test sites on Friday, June 26 add to the 81 locations previously opened in Florida. The opening of