CVS Health overview

CVS Health is a pharmacy company, offering services from advising on prescriptions to helping manage chronic and specialty conditions to providing quality walk-in medical care and pharmacy benefits management. Founded in 1892 and based in Woonsocket, R.I., CVS serves both individuals and businesses. The corporation was ranked eighth on the Fortune 500 list in 2019 after reporting a 2018 revenue of $194.579bn.

CVS Health has 7,700 retail pharmacies, more than 900 walk-in medical clinics, 65 million pharmacy benefit manager plan members, and specialty pharmacy services.

In August 2018, the company revealed that its retail medical clinic, MinuteClinic, would be introducing a new virtual healthcare offering to 9 states across North America. Taking advantage of Teladoc’s technology platform, patients will be able to receive care through the CVS Pharmacy app. 

CVS Health acquired Aetna, a health insurance company, in November 2018 for $69bn. The company also owns CVS Pharmacy (a pharmacy chain), Caremark (a pharmacy benefits manager), Coram (an infusion services provider) and MinuteClinic (the largest walk-in medical clinic company in the US).

At their 2019 investor day, CVS Health revealed that it would commit to rolling out 1,500 of its health-centred stores, called HealthHubs, by the end of 2021.

In November 2019 CVS delivered a medical prescription from a CVS pharmacy to a consumer's home via drone. The company used the services of drone systems developer Matternet to help complete the delivery. CVS plans to to continue developing a drone delivery system in partnership with UPS, focusing on utilising them in rural communities where delivery can be difficult.

Map showing the location of CVS Health

Woonsocket, United States

Need more insight?

Speak to us about commissioning some bespoke research.

Find out more

Key people

Cameron Smith Executive Director
David Joyner Executive Vice President of Sales and Marketing, CVS/Caremark
Adam Pellegrini SVP Consumer Health Products
Hanley Wheeler SVP Operation East
Nancy Christal Senior Vice President, Investor Relations
Richard Swift Member of the Board of Directors
Jean-Pierre Millon Member of the Board of Directors
David Brown Member of the Board of Directors
Troyen Brennan, M.D. Executive Vice President and Chief Medical Officer
Ahmad Ghrouf Pharmacy Manager
Eva Boratto Senior Vice President, Controller and Chief Accounting Officer
Jay Jayaraman Sr. Director - Financial Optimization
Anne Finucane Member of the Board of Directors
Larry Merlo President & CEO
Tony White Member of the Board of Directors
David Dorman Non-Executive Member of the Board of Directors
Jonathan C. Roberts President Caremark Pharmacy Services and Executive Vice President of CVS Caremark Caremark
Papatya Tankut Vice President, Pharmacy Affairs
William Weldon Board Member
Nancy-Ann DeParle Member of the Board of Directors
Eileen Howard Boone SVP of Corporate Social Responsibility & Philanthropy, President of CVS Health Foundation
Shivpratap Singh Senior Advisor
David Abbet Senior Director, User Experience Strategy & Design
Richard Bracken Member of the Board of Directors
Jamie J. Pappas Director, Social Media & Corporate Web
Lisa Bisaccia Executive Vice President and Chief Human Resources Officer
Claus Torp Jensen CTO & Head of Architecture
Claus Torp Jensen CTO and Head of Architecture
Alecia DeCoudreaux Member of the Board of Directors
Norman de Greve Chief Marketing Officer
Norm de Greve Chief Marketing Officer
Catherine Lewenberg VP, Retail Omnichannel Digital
Erin Condon VP, Front Store and Omnichannel Marketing
Firdaus Bhathena Chief Digital Officer
Joshua Flum Executive Vice President, Enterprise Strategy & Digital
Cara McNulty President, Behavioral Health & EAP
Jeff Goddard Senior Vice President & Chief Financial Officer Caremark
David Kline Chief Operating Officer, Medicare Diversified Distribution Business
Cory Deeter Director of Cloud Financial Operations and Cloud Security Enablemen
Vikas Soni Sr Advisor, Application Develop
Tim Tompkins Vice President & Deputy Chief Information Security Officer
Min-Hwei Liu Director, Data Protection and Enablement, On-Prem and Cloud,
Ajoy Kodali Senior Vice President
Alan M. Lotvin, M.D. President, CVS Caremark & Executive Vice President, CVS Health
Chandra McMahon Senior Vice President & CISO
Sri Bhargav Krishna Adusumilli Senior Frontend Developer
Michael Waychowsky Sales Director
Ramesh Srinivasan Director of Marketing
Harry Travis Senior Vice President Member Services Operations
Runbin Dong Lead Director, Commercialization
Thomas Kehl Senior Advisor, Digital Product
Angela Wells Digital Sales - Senior Data Analyst
Karen S. Lynch President and Chief Executive Officer
Vijay Patel Co-Founder & Partner CVS Health Ventures | Enterprise Business Development
Thaddeus Diamond Lead Director, Product
Shawn M. Guertin Chief Financial Officer
Anurag Setty Senior Manager, Data Science
Steve Sorsveen Principle Digital Talent Sourcing Partner
Joneigh S. Khaldun Vice President and Chief Health Equity Officer
David Rimshnick Executive Director of Data Science
Violetta Ostafin EVP and Chief Strategy Officer
Gowtham Kethineedi Sr Product Manager
Sreekanth Chaguturu Chief Medical Officer
Tilak Mandadi Executive Vice President and Chief Data, Digital and Technology Officer
Ashley Herbison Director, Product Development
Michael Peri Lead Director
Amar A. Desai President
Shari Slate Senior Vice President and Chief Diversity, equity and Inclusion Officer
Ian Corbin Senior Manager, ML Platform
Tom Cowhey Chief Financial Officer
Heidi Capozzi EVP and CPO
David Joyner President and CEO