New CEO at CVS begins to build his team with a goal of reviving the struggling health care giant
CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging
By TOM MURPHY
Published - Nov 06, 2024, 12:43 PM ET
Last Updated - Nov 06, 2024, 12:43 PM EST
AP Health Writer (AP) — CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging.
Shares jumped Wednesday along with markets as a whole surged on an election that will send Donald Trump back to the White House.
Joyner named UnitedHealth executive Steve Nelson as the leader of the company's troubled health insurance wing, Aetna. That appointment is effective immediately.
Prem Shah, who joined the company in 2013, will lead CVS Caremark, CVS Pharmacy, and the company’s Health Care Delivery businesses.
