CVS to replace CEO Karen Lynch with executive David Joyner


A general view shows a CVS Health Customer Care Center sign at the CVS Health Corp headquarters in Woonsocket, Rhode Island, U.S., Oct. 30, 2023.

Faith Ninivaggi | Reuters

for a long time CVS Health Executive David Joyner replaced Karen Lynch as CEO as the company strives to deliver stronger profits and stock performance, CVS announced Friday.

The move, which took effect Thursday, comes as CVS shares have fallen nearly 20% this year.

This is breaking news. Update to get updates.

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