CVS Health has announced changes in its management, with new CEO David Joyner promoting internal executive Prem Shah to group president and hiring Steve Nelson from UnitedHealth Group to lead Aetna. This move comes as the company faces financial challenges, including a significant drop in net income due to struggles with controlling costs in health insurance businesses and retail pharmacies.
Source: https://www.forbes.com/sites/brucejapsen/2024/11/06/new-cvs-health-ceo-shakes-up-management-commits-to-integrated-model/