CVS - CVS Health Corporation

NYSE - NYSE Delayed price. Currency in USD

CVS Health Corporation

One CVS Drive
Woonsocket, RI 02895
United States
401-765-1500
http://www.cvshealth.com

SectorHealthcare
IndustryHealthcare Plans
Full-time employees290,000

Key executives

NameTitlePayExercisedYear born
Mr. Larry J. MerloPres, CEO & Director8.44MN/A1956
Ms. Eva C. BorattoExec. VP & CFO1.87M539.86k1967
Mr. Jonathan C. RobertsExec. VP & COO4.32MN/A1956
Mr. Thomas Michael MoriartyExec. VP, Chief Policy & External Affairs Officer and Gen. Counsel2.98MN/A1964
Mr. James David ClarkSr. VP, Controller & Chief Accounting OfficerN/AN/A1965
Amounts are as of 31 December 2018, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CVS Health Corporation provides health services and plans in the United States. The company's Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans (PDPs), Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail order, mail order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. Its Retail/LTC segment sells prescription and over-the-counter drugs, beauty and personal care products, and cosmetics; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to chronic care facilities and other care settings. As of December 31, 2019, it operated approximately 9,900 retail locations and 1,100 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. The company was founded in 1963 and is headquartered in Woonsocket, Rhode Island.

Corporate governance

CVS Health Corporation’s ISS governance QualityScore as of 3 December 2019 is 5. The pillar scores are Audit: 2; Board: 5; Shareholder rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.
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