CVS Health CEO Lynch steps down as the drug-store chain struggles to right its path
- Posted on October 18, 2024
- By NPR
- 3 Views
CVS Health CEO Lynch steps down as the drug-store chain struggles to right its path
CVS Health CEO Karen Lynch has stepped down, with company shares sinking 19% this year and the health-care giant struggling on several fronts. CVS Health also warned of disappointing third-quarter earnings and said investors should not rely on guidance it laid out in August. Lynch will be replaced by veteran CVS Health executive David Joyner.