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Karen Lynch, a superstar CEO championing the biggest of big ideas, is out. As chief of corner drugstore and health insurance colossus CVS, Lynch headed the largest Fortune 500 enterprise, measured ...
FILE - CVS Health President and Chief Executive Officer Karen Lynch speaks during a gathering at the Boston College's Chief Executives Club, Wednesday, Oct. 12, 2022, in Boston.
CVS Health President and Chief Executive Officer Karen Lynch speaks during a gathering at the Boston College's Chief Executives Club, Wednesday, October 12, 2022, in Boston. - Charles Krupa/AP/File
CVS cut its financial expectations for a third time this year in August, hurt by growing claims from its Medicare Advantage coverage, and Lynch had just taken over leadership of the insurance segment, which is where she served before becoming CEO. Her predecessor in the insurance wing, Brian Kane, left the company about a year after his arrival.
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled again Friday after CVS Health also warned of disappointing third-quarter earnings and said investors should not rely on guidance for that quarter that provided in August.
CEO Karen Lynch at CVS is out, with company shares down 19% this year and the chain struggling. NEW YORK (AP) — CEO Karen Lynch at CVS is out, with company shares ...
CVS CEO Karen Lynch talks with Fortune editor in chief Alyson Shontell at Fortune's 2023 MPW Summit in California on Oct. 9, 2023. Amid a challenging macro environment for insurers this year—the ...
Karen S. Lynch (née Rohan, born December 30, 1963) is an American businesswoman and the former president and chief executive officer (CEO) of CVS Health. Lynch is on the board of directors of AHIP and previously CVS Health and U.S. Bancorp. In 2015, she became the first female president of Aetna.