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Tag: CVS Caremark

CVS Health CEO Karen Lynch will be replaced by Caremark PBM CEO David Joyner

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CVS Health CEO Karen Lynch will be replaced by Caremark PBM CEO David Joyner

CVS Health CEO Karen S. Lynch speaks Monday, Dec. 4 at The Jazz at Lincoln … (+) Center in New York. Jamel Toppin CVS Health announced Friday that Chief Executive Officer Karen Lynch has resigned as the company's top executive and will be replaced by David Joyner, who previously ran the company's pharmacy benefits business […]

CVS will cut nearly 3,000 jobs as it plans AI investments — and is considering a breakup

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CVS will cut nearly 3,000 jobs as it plans AI investments — and is considering a breakup

CVS Health Corporation (CVS) will cut approximately 2,900 jobs as part of a $2 billion, multi-year cost-savings initiative aimed at reducing spending and increasing investment in technology. “To achieve this goal and position ourselves for sustainable growth, we will reduce our workforce by less than 1 percent – ​​approximately 2,900 colleagues at CVS Health,” a […]