CVS Health Corporation filed SEC Form 8-K: Regulation FD Disclosure
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 6, 2024, CVS Health Corporation (the “Company”) appointed Prem S. Shah as Executive Vice President and Group President, a newly created position within the Company. As Group President, Mr. Shah will be responsible for the operational performance and integrated value creation from CVS Caremark, CVS Pharmacy, and the Company’s Health Care Delivery businesses, including Oak Street Health and Signify Health. Mr. Shah, age 44, has most recently served as Executive Vice President, Chief Pharmacy Officer and President of Pharmacy & Consumer Wellness, the Company’s retail and pharmacy segment, since January 2023. Previously he served as Executive Vice President and Chief Pharmacy Officer of the Company beginning in November 2022, and as Co-President of Pharmacy & Consumer Wellness from January 2022 until January 2023. From June 2018 until November 2022 Mr. Shah was Executive Vice President of CVS Specialty, the Company’s specialty pharmacy business, and from January 2013 until June 2018 he was Vice President of CVS Specialty.
Mr. Shah has no family relationships with any of the Company’s directors or executive officers, and he has no interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. There is no arrangement or understanding between Mr. Shah and any other person pursuant to which Mr. Shah was appointed as an officer of the Company.
Item 7.01. | Regulation FD Disclosure. |
On November 6, 2024, the Company appointed Steven H. Nelson to the position of Executive Vice President and President of Aetna.
On November 6, 2024, the Company issued a press release announcing the appointment of Mr. Shah as Executive Vice President and Group President and the appointment of Mr. Nelson as Executive Vice President and President of Aetna. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this Item 7.01 shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit |
Description | |
99.1 | Press Release, dated November 6, 2024 (furnished under Item 7.01). | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 6, 2024 | CVS HEALTH CORPORATION | |||||
By: | /s/ Kristina V. Fink | |||||
Name: | Kristina V. Fink | |||||
Title: | Senior Vice President, Chief Governance Officer and Corporate Secretary |
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