Becker's Healthcare December 4, 2024
Patsy Newitt

From layoffs to leadership appointments, here are nine updates from CVS Health in the last 60 days:

1. CVS Health is preparing to raise up to $2.5 billion through a bond sale.The company has engaged Barclays, Citigroup and Goldman Sachs to arrange investor calls, and the bonds will have hybrid characteristics, combining elements of debt and equity and are expected to be used to repurchase debt.

2. CVS Health named Len Shankman as president of Pharmacy and Consumer Wellness and Lucille Accetta as the chief pharmacy officer.

3. CVS Health also named Sreekanth Chaguturu, MD, president of healthcare delivery.

4. CVS Health added four members to its board of directors following “productive discussions” with hedge fund investor Glenview...

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