Karen S. Lynch

CVS Health Announces Wage Increases

Retrieved on: 
Wednesday, August 4, 2021
Woonsocket, Rhode Island, CVS Health, Karen S. Lynch, CVS, Companies, Health care, Economy of the United States

WOONSOCKET, R.I., Aug. 4, 2021 /PRNewswire/ --CVS Health (NYSE: CVS) is making a significant investment in its employees by raising the minimum enterprise hourly wage to $15 an hour effective July 2022, with incremental increases to the company's competitive hourly rates starting this month.

Key Points: 
  • WOONSOCKET, R.I., Aug. 4, 2021 /PRNewswire/ --CVS Health (NYSE: CVS) is making a significant investment in its employees by raising the minimum enterprise hourly wage to $15 an hour effective July 2022, with incremental increases to the company's competitive hourly rates starting this month.
  • "Attracting and retaining top talent across our businesses is critical as we continue to redefine what it means to meet people's health needs," said CVS Health President and CEO Karen S. Lynch.
  • Moving to $15 an hour next year will mark a more than 60 percent increase in the CVS Health minimum enterprise hourly wage over a four-year period.
  • CVS Health is the leading health solutions company, delivering care in ways no one else can.

New CVS Health Study Finds People Are Taking Greater Control of Their Health as a Result of the Pandemic

Retrieved on: 
Thursday, July 8, 2021
Health, Health Economics, Articles, Health policy, Health care, CVS Health, Woonsocket, Rhode Island, Health system, Karen S. Lynch

The study reveals people's changing viewpoints toward their own health as well as generational and gender preferences in how they would like their health care delivered.

Key Points: 
  • The study reveals people's changing viewpoints toward their own health as well as generational and gender preferences in how they would like their health care delivered.
  • "Over the past year and a half, we have witnessed a dramatic shift in consumer health care preferences and needs," notes CVS Health President and CEO Karen S. Lynch.
  • "These shifts toward personalized care have the potential to impact our health care system well past the pandemic, with many people taking a more engaged approach to their own health.
  • While the COVID-19 pandemic has created opportunities to accelerate and improve health care, the Health Care Insights Study also found many people have been struggling.

CVS Health Appoints Shawn Guertin Chief Financial Officer

Retrieved on: 
Tuesday, May 18, 2021
Woonsocket, Rhode Island, Health care, CVS Health, Aetna, Karen S. Lynch, Companies, Economy of the United States, CVS

b'WOONSOCKET, R.I., May 18, 2021 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced it has appointed Shawn Guertin as Executive Vice President and Chief Financial Officer, effective May 28, 2021.\n"Shawn is an extraordinary leader with a proven track record of developing financial strategies to help companies drive transformation," said CVS Health President and CEO Karen S. Lynch.

Key Points: 
  • b'WOONSOCKET, R.I., May 18, 2021 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced it has appointed Shawn Guertin as Executive Vice President and Chief Financial Officer, effective May 28, 2021.\n"Shawn is an extraordinary leader with a proven track record of developing financial strategies to help companies drive transformation," said CVS Health President and CEO Karen S. Lynch.
  • "His deep and broad health care experience will be invaluable and I\'m confident he will play an integral role as we transform CVS Health to become an even bigger part of consumers\' everyday health.
  • "\nGuertin spent eight years at Aetna where he was Executive Vice President, Chief Financial Officer and Chief Enterprise Risk Officer.
  • Earlier in his career, Guertin was chief actuary and chief financial officer at Coventry Health Care, a leading health plan acquired by Aetna in 2012.