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CVS names new CEO in the wake of layoffs and poor stock performance

America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David Joyner replacing Karen Lynch.

USA TODAY on MSN · 20h

CVS names new CEO: David Joyner replacing Karen Lynch

CVS Health announced Friday it has appointed David Joyner as its new Chief Executive Officer, replacing Karen Lynch.

CBS News on MSN · 1d

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health said Friday CEO Karen Lynch has stepped down after the pharmacy chain once again warned its earnings will fall short of Wall Street's forecasts. Lynch will be replaced by CVS Caremark president David Joyner,

CVS Shares Fall

The Wall Street Journal on MSN · 1d

CVS Shares Fall After Earnings Warning, CEO Ouster

The company said third-quarter results will fall well below expectations, largely due to continued issues at its Aetna insurance unit.

Forbes · 22h

CVS Shares Fall 10% After Replacing CEO—Lowering Earnings Projections

CVS also released its projections for the company’s upcoming third quarter, saying it expects adjusted earnings of between $1.05 and $1.10 per share—an estimate that fell below analyst estimates of at least $1.69 per share, according to FactSet.

Reuters on MSN · 22h

CVS replaces CEO, pulls profit forecast as investor pressure mounts

CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast, as the struggling healthcare conglomerate seeks to turn around its fortunes amid rising investor pressure.

Thousands of CVS workers go on strike

Orange County Register · 15h

CVS Pharmacy workers are striking and plan to picket and rally in LA

The union represents nearly 7,000 CVS workers who are on strike to protest what leaders say are unlawful activities that have interfered with bargaining and prevented employees from reaching a

Yahoo · 12h

Thousands of CVS workers go on strike; allege unlawful labor practices

CVS pharmacy clerks and technicians walked off the job and onto picket lines at select locations Friday as their union pushes for a new contract and alleges unlawful labor practices.

ABC 7 Los Angeles on MSN · 12h

CVS workers across 7 SoCal stores strike for better pay, affordable healthcare

Workers at seven CVS Health stores across Southern California have gone on strike. The employees, who are part of the United Food and Commercial Workers Union, include staff from four stores in Los Angeles and three in Orange County.

CEO is out at major struggling national pharmacy chain

The CEO stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts.

18h

Events leading up to CVS Health CEO Lynch's departure

CVS Health CEO Karen Lynch is stepping down after nearly four years at the helm, as the healthcare conglomerate faces ...

14h

CVS Ousts C.E.O. as Sluggish Growth Spooks Investors

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state ...

20hon MSN

More pharmacy closures leave consumers in pharmacy deserts without access to medications

"As pharmacies close, more and more individuals are left without easy access to medications, with disproportionate ...

3hon MSN

What went wrong at CVS? Departing CEO Karen Lynch’s reign started brilliantly, then unraveled fast

A trifecta of problems, some that started before she took the top job, ended the reign of one of the most powerful women in ...

17h

CVS cuts outlook yet again — while swapping out CEO for a company veteran

The shift in management is not surprising as the company looks to level set its operations and strategically position itself ...

California Healthline1d

Helene and CVS Land Double Whammy for 25,000 Patients Who Survive on IV Nutrition

A Massachusetts woman ended up stranded in the hospital because CVS stopped providing the IV nutrition she needs to survive ...

WBRE Wilkes-Barre on MSN1d

Over $1,000 worth of items stolen from CVS

Police are searching for two people who they say stole over $1,000 worth of items from CVS. Lycoming Regional Police ...

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