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CVS Caremark Corporation (CVS)

-NYSE

59.91 Jun 18, 4:02PM EDT

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CVS Caremark Corporation
One CVS Drive
Woonsocket, RI 02895
United States - Map
Phone: 401-765-1500
Fax: 401-762-2137
Website: http://www.info.cvscaremark.com

Details 
Index Membership:N/A
Sector:Services
Industry:Drug Stores
Full Time Employees:203,000

Business Summary 

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company’s Pharmacy Services segment offers pharmacy benefit management services, including plan design and administration, formulary management, discounted drug purchase arrangements, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, and disease management services. It primarily serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals. This segment operates its business under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, RxAmerica, and Accordant names. Its Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, and convenience foods, as well as provides photo finishing services. This segment sells its products through retail drugstores; online retail pharmacy Website CVS.com; onsite pharmacy stores; and retail health care clinics. As of December 31, 2012, the company operated 7,458 retail drugstores, 640 MinuteClinic locations, 31 retail specialty pharmacy stores, 12 specialty mail order pharmacies, and 5 mail order pharmacies. CVS Caremark Corporation was founded in 1892 and is based in Woonsocket, Rhode Island.

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Corporate Governance 
CVS Caremark Corporation’s ISS Governance QuickScore as of Jun 1, 2013 is 5. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 7; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Larry J. Merlo , 57
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
7.87M2.73M
Mr. David M. Denton , 47
Chief Financial Officer, Chief Accounting Officer, Exec. VP and Controller
2.81M195.00K
Mr. Jonathan C. Roberts , 57
Exec. VP and Pres of Pharmacy Benefit Management Bus.
3.70M1.00M
Mr. Per G. H. Lofberg , 66
Exec. VP
4.89M0.00
Mr. Mark S. Cosby , 54
Exec. VP and Pres of CVS Pharmacy
3.64M0.00
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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