CVS Health CEO David Joyner has ruled out a breakup of the company, following speculation about its future. In his first earnings call since taking over, Joyner emphasized the importance of CVS's diversified portfolio, including its pharmacy benefit management business and health insurance arm Aetna. He committed to improving the latter, which has struggled with high utilization levels, but did not indicate plans to divest any major businesses.
Source: https://www.forbes.com/sites/brucejapsen/2024/11/11/cvs-health-path-forward-becomes-clear-and-breakup-unlikely/