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
IndustryHealth Care Plans
Full Time Employees295,000

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. Derica W. RiceExec. VP & Pres of CVS Caremark2.98MN/A1965
Amounts are as of December 31, 2018 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.

Description

CVS Health Corporation provides health services and plans in the United States. Its Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, Medicare Part D, clinical, disease management, and medical spend management services. The company's Retail/LTC segment sells prescription drugs and general merchandise, such as over-the-counter drugs, beauty products, cosmetics, and personal care products, as well as provides health care services through its MinuteClinic walk-in medical clinics. Its Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management, Medicare plans, PDPs, Medicaid health care management services, workers' compensation administrative services, and health information technology products and services. The company's customers include employers, insurance companies, unions, government employee groups, health plans, Medicare Part D prescription drug plans, Medicaid managed care plans, plans offered on public health insurance exchanges and private health insurance exchanges, other sponsors of health benefit plans, individuals, college students, workers, labor groups, and expatriates. As of December 31, 2018, it had approximately 40 leased on-site pharmacies, 25 leased retail specialty pharmacy stores, 20 specialty mail order pharmacies, and 90 branches for infusion and enteral services; and 9,900 retail locations and 1,100 MinuteClinic locations, as well as operated an online retail pharmacy Websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.

Corporate Governance

CVS Health Corporation’s ISS Governance QualityScore as of April 1, 2019 is 2. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 1; Compensation: 6.

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 a 10 indicates higher governance risk.