KAREN S. LYNCH, right, has been chosen to succeed Larry J. Merlo, left, as president and CEO of CVS Health. / COURTESY CVS HEALTH CORP.
CVS Health Corp. has picked its next president and CEO from among its current group of executive leaders. The company said Friday that veteran insurance executive Karen S. Lynch will replace Larry J. Merlo, who plans to retire February 1. The 64-year-old Merlo will step down after serving as president and CEO of the drugstore…

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