CVS names Karen S. Lynch as new president and CEO

CVS Pharmacy
This is a file image of CVS Pharmacy.

WOONSOCKET, R.I (WLNE) – CVS Health Corporation announced that its Board of Directors appointed Karen S. Lynch as the company’s next president and CEO effective Feb. 1, 2021.

Lynch currently serves as the Executive Vice President of CVS Health and the President of Aetna.

Current President and CEO Larry J. Merlo will continue to serve on the CVS Health’s Board of Directors and as Strategic Advisor to assist with the transition until his retirement on May 31.

“I am deeply honored to have the opportunity to succeed Larry and lead CVS Health on the next phase of our important journey to meet America’s health care needs,” Lynch said. “Together with the CVS Health leadership team and all of our colleagues, I will work to build on the strong foundation Larry has put in place to continue to make health care more accessible and affordable, driving better health outcomes for our consumers and communities.”

Merlo added, “Karen has been a key partner to me in our foundational work over the last two years, and her experience and vision will be critical in driving forward CVS Health’s journey of enhancing value for our customers as the nation’s leading health care company for years to come.”

Prior to joining Aetna in 2012, Lynch was the President of Magellan Health Services.

©WLNE-TV/ABC6 2020

 

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