Fierce Healthcare August 7, 2024
CVS Health is making changes at the top of its Aetna division as the insurer navigates choppy waters.
The company said in its earnings report released Wednesday morning that CEO Karen Lynch will take over direct control of the health benefits segment, and will be overseeing its “day-to-day” operations alongside Chief Financial Officer Tom Cowhey.
Aetna President Brian Kane, who joined CVS in September to lead the insurance segment, will depart the company, according to the release.
“Our integrated model and our strategy are enabling us to execute in a challenging environment and we are delivering the value our customers demand,” Lynch said in the press release. “We are taking action today to ensure we make the most of our...