CVS’ Merlo earns $21.9M in 2018
as company absorbs Aetna

LARRY J. MERLO, CEO and president of CVS Health, saw his pay nearly double in 2018 over his 2017 total, even as the company posted a loss last year. / COURTESY CVS HEALTH
LARRY J. MERLO, CEO and president of CVS Health, saw his pay nearly double in 2018 over his 2017 total, even as the company posted a loss last year. / COURTESY CVS HEALTH
WOONSOCKET – CVS Health Corp. President and CEO Larry J. Merlo earned $21.9 million in 2018, nearly double what his total compensation was in 2017, according to the proxy statement filed by the retailer/pharmacy benefit manager/health insurer Friday. While Merlo’s salary and option awards remained the same as in 2017, at $1.6 million and $3.4…

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