Forbes August 7, 2024
CVS Health chief executive Karen S. Lynch is taking over “day-to-day management” of the company’s Aetna health insurance business after its latest poor performance.
Lynch, who successfully ran Aetna for several years before she was promoted to become CVS president and chief executive in 2021, will oversee the nation’s third-largest health insurer with CVS Health chief financial officer Tom Cowhey. Leaving the company is Brian Kane, who was hired last year as Executive Vice President and President at Aetna following a stint consulting to private equity firms focused on healthcare services and working as health insurer Humana’s chief financial officer before that.
“Based on the current performance and outlook for the Health Care Benefits segment, the Company has decided to...
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