Content about Larry Merlo

June 27, 2012
CVS Caremark names new CIO

CVS Caremark has announced the appointment of Stephen Gold as CIO.

May 10, 2012
CVS Caremark annual stockholders meeting rings optimistic tone

It was a rainy Thursday morning in Woonsocket, R.I., but that didn’t dissuade CVS Caremark stockholders from flocking to the company’s sprawling headquarters to attend its annual meeting of stockholders — an event that proved to be one filled with optimism as president and CEO Larry Merlo provided key highlights of 2011 and discussed how the company is reinventing pharmacy and capitalizing on its “integration sweet spots.”

May 2, 2012
CVS Caremark's integrated model drives positive outcomes, fuels 'terrific' Q1

CVS Caremark president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with the company's first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations, and its integrated assets continue to demonstrate success and improve patient lives.

April 13, 2012
What your shoppers say about you: Meet C2B Mobile Insights

“We want to make sure we’re talking to our members where and how they want to be spoken to.”
 That was something Sam’s Club VP health and family care Jason Reiser said to me for the special report we did on the company that appeared on the cover of our April 2 issue.

March 30, 2012
CVS Caremark announces PBM succession plan

CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1.

January 20, 2012
10 Keys: CVS Caremark looks to unlock full potential, reinvent Rx

In this issue of DSN, we explore what we believe are 10 keys to driving growth across CVS' network and transforming the retail health landscape.

December 20, 2011
At Analyst Day, CVS Caremark unveils host of new initiatives across the board — front-end, pharmacy, clinics and PBM

At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

December 5, 2011
With Grant Pill assuming new responsibilities at CVS, 2011 shapes up to be big year for company

The year 2011 has shaped up to be quite the year for CVS Caremark, with Larry Merlo taking the helm following the retirement of Tom Ryan, longtime CVS/pharmacy executive Mike Bloom resigning and Judy Sansone assuming responsibility for the merchandising organization at CVS/pharmacy.

November 3, 2011
CVS' Merlo: PBM continues to demonstrate success

CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

October 11, 2011
Merlo takes the helm

CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


October 11, 2011
PBM postioned to ‘effectively compete’

At press time, the industry was weighing the potential merger of pharmacy benefit manager rivals Express Scripts and Medco Health Solutions, but executives at CVS Caremark remain more confident than ever that its PBM business is ideally positioned to “effectively compete."


October 11, 2011
Trailblazer embarks on new chapter

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


October 11, 2011
Urban stores, ExtraCare bolster front end

CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


October 7, 2011
Urban stores, ExtraCare bolster front end

CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


August 29, 2011
CVS Caremark's new chapter continues with appointment of CVS/pharmacy president

The news that CVS Caremark has appointed a new president of CVS/pharmacy, Mark Cosby, is yet one more page in the new chapter for the Woonsocket, R.I.-based powerhouse.

August 22, 2011
CVS Caremark names new president of CVS/pharmacy

CVS Caremark has appointed former Macy’s executive Mark Cosby as president of CVS/pharmacy, effective Oct. 1.

August 8, 2011
ESI-Medco not a done deal

So, who’s afraid of a bigger, badder Express Scripts-Medco? Apparently not its competitors.

August 4, 2011
Merlo: CVS Caremark positioned to 'effectively compete' in PBM industry

CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the pharmacy benefit management business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head-on at the start of Thursday morning’s conference call.

July 29, 2011
Merlo to Senate committee: Lowering corporate tax rate can help reduce healthcare costs, bolster economy

Lowering the maximum corporate tax rate could allow CVS Caremark to accelerate investments in U.S. jobs, technology and infrastructure — all of which could ultimately help lower healthcare costs and bolster the economy. That was a key message that CVS Caremark president and CEO Larry Merlo had for the Senate Finance Committee during a recent hearing.

July 28, 2011
CVS serves as title sponsor for 2011 National Urban League Conference

CVS Caremark is welcoming thousands of delegates to the 2011 National Urban League Conference as a title sponsor of the event that is taking place in Boston this week.

May 31, 2011
CVS Caremark lands PBM contract with FEP

In a major win for its pharmacy benefit management business, CVS Caremark will handle the $3 billion mail-order and specialty prescription drug benefit for the Federal Employee Program starting January 2012, which, for the last three years, had been handled by rival Medco Health Solutions.

May 23, 2011
Annual Meeting memories

It was a busy 2011 Annual Meeting. And DSN covered it all.

May 23, 2011
Don’t call it the end of an era

Neither one of the co-
recipients of this year’s Fantle Award would want you to call it the end of an era. 


May 13, 2011
Merlo will continue legacy left behind by Ryan

As reported, CVS Caremark's annual meeting of stockholders was of special importance as it marked the beginning of a new chapter for both CVS Caremark and its former chairman and CEO Tom Ryan, who officially retired from the company after more than 30 years of service.

May 11, 2011
CVS' Merlo outlines factors for future growth

CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.

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