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Tag: Larry J. Merlo

CVS Health CEO’s pay increased 5% in 2022 despite opioid settlements

WOONSOCKET – CVS Health Corp. CEO Karen Lynch's total compensation increased 5% in 2022, despite a one-time bonus reduction after the company agreed to...
CVS HEALTH earned a profit of $727.7 million in the third quarter of 2020. / AP FILE PHOTO/CAROLYN KASTER

CVS sees Q3 profit grow to $727.7M

WOONSOCKET – CVS Health Corp. earned $727.7 million in the third quarter of 2020, an increase from $703.6 million one year prior, the company...

CVS Health picks Lynch to lead company as president, CEO; Merlo...

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...

CVS posts strong 2Q, with virus delaying elective procedures

CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the pandemic, and it raised its profit expectations for the...
CVS HEALTH is opening 10 new drive-thru COVID-19 testing sites in Rhode Island as part of a larger national effort. / COURTESY CVS HEALTH CORP.

CVS to open 10 new COVID-19 test sites in R.I.

WOONSOCKET – CVS Health Corp. is opening 10 new COVID-19 testing sites at CVS Pharmacy drive-thru locations in Rhode Island, the company announced on...

CVS Health reports 40% profit jump in Q1 on pandemic purchasing

WOONSOCKET – CVS Health Corp. made a profit of $2 billion in the first quarter, a 40.1% increase year over year, the company reported...

CVS Health reports 40% profit jump in Q1 on pandemic purchasing

WOONSOCKET – CVS Health Corp. made a profit of $2 billion in the first quarter, a 40.1% increase year over year, the company reported...
CVS HEALTH announced plans to fill 50,000 full-time, part-time and temporary roles amid the COVID-19 pandemic. / AP FILE PHOTO/CAROLYN KASTER

CVS plans to hire 50K, add benefits for employees during COVID-19...

WOONSOCKET – CVS Health Corp. plans to hire 50,000 full-time, part-time and temporary employees in the United States in response to the COVID-19 pandemic,...
CVS HEALTH EARNED A PROFIT OF $6.6 BILLION IN 2019. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS profits total $6.6B in 2019 following Aetna acquisition

WOONSOCKET – CVS Health Corp. posted a profit of $6.6 billion in 2019, or $5.08 per diluted share, according to the company Tuesday. The company...
CVS HEALTH CORP. reported a $1.9 billion profit in the second quarter, exceeding expectations. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS posts $1.9B profit in Q2 with Aetna profit boost

WOONSOCKET – CVS Health Corp. reported net income of $1.9 billion, or $1.49 per diluted share, in the second quarter, a turnaround from a...
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