David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.
A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023.executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.
"In light of continued elevated medical cost pressures in the Health Care Benefits segment, investors should no longer rely on the Company's previous guidance provided on its second quarter 2024 earnings call on August 7, 2024," CVS said in the release.CVS' board had engaged strategic advisors
Health Care Industry Breaking News: Business CVS Health Corp Earnings Karen Lynch Business News
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CVS Health CEO Lynch steps down, Joyner named to the postCVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner as the health care giant continues to struggle with rising costs.
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