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CVS Health Names New CEO as it Posts Stronger Revenue

CVS Health Names New CEO as it Posts Stronger Revenue

CVS Health Corp. posted sales growth in the latest quarter as more diagnostic testing during the Covid-19 pandemic helped boost the company’s retail b

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CVS Health Corp. posted sales growth in the latest quarter as more diagnostic testing during the Covid-19 pandemic helped boost the company’s retail business.

The pharmacy company, based in Woonsocket, R.I., also named its next chief executive. It plans to elevate Karen Lynch, president of CVS’s Aetna insurance unit, upon the retirement of the current leader, Larry Merlo, next year. Ms. Lynch will take the job Feb. 1, CVS said.

CVS…

This post first appeared on wsj.com

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