Becker's Healthcare August 7, 2024
CVS Health CEO Karen Lynch will take over leadership of Aetna after a difficult year for the insurer.
The company reported its second-quarter earnings Aug. 7. Revenue in CVS’ healthcare benefits segment dropped 40% from the second quarter of 2023.
Brian Kane, president of Aetna, is no longer with the company, Ms. Lynch told investors.
“We are disappointed by the current performance and outlook for the healthcare benefits segment, and I have decided to make leadership changes, effective immediately,” she said on an Aug. 7 call.
Mr. Kane was appointed executive vice president and CEO of Aetna in 2023, after serving as CFO of Humana. He replaced Daniel Finke, who stepped down for health reasons.
CVS...
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