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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 ...
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.
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
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 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.
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 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.
When CVS Health abruptly announced that high-profile CEO Karen Lynch was leaving immediately, to be replaced by company executive David Joyner, another announcement followed in smaller type ...