Lynch will be replaced by CVS Caremark president David Joyner, who will attempt to steer the health care giant through a worsening environment of rising medical costs. CVS, which had cut its ...

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CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under ...

Joyner, who is president of the company’s pharmacy benefit manager, CVS Caremark, takes over as president and CEO on Friday.

The Caremark pharmacy benefits management business that Joyner led is under scrutiny from the Federal Trade Commission, which alleged CVS and its rivals drove up insulin prices. Congress is ...

CVS Health CEO David Joyner promoted an internal executive, Prem Shah, as company group president and hired from the outside, Steve Nelson, a former UnitedHealthcare CEO.

Joyner most recently oversaw the company’s pharmacy services business as president of CVS Caremark, a similar position to the one Lynch held before she assumed the top job in February 2021.

The company appointed David Joyner, the head of CVS Caremark, its successful unit overseeing prescription drug benefits, as the new chief. The management change was accompanied by a dour financial ...

In September, the Federal Trade Commission took aim at big pharmacy benefits managers, including CVS subsidiary Caremark, accusing them of inflating insulin prices. “We are not surprised by the ...

Joyner, who served most recently as president of CVS Caremark, the company's pharmacy benefit management division, took the CEO role as of Oct. 17. He succeeds Karen Lynch, who "stepped down from ...