Thomas F.
Cowhey named Chief Financial Officer
Mike Pykosz
named President of Health Care Delivery
WOONSOCKET, R.I., Jan. 5, 2024
/PRNewswire/ -- CVS Health® (NYSE: CVS) today announced several
leadership updates, effective immediately:
- Senior Vice President of Corporate Finance and interim CFO,
Tom Cowhey, has been formally
appointed the company's next CFO.
- CEO of Oak Street Health and interim lead of Health Care
Delivery, Mike Pykosz, has been
formally appointed President of Health Care Delivery.
- CVS Health announced on October 13,
2023 the interim appointments, and that Shawn Guertin would be taking a leave of
absence. Guertin will be stepping down from his roles due to family
health reasons and will remain on personal leave and will leave the
company on May 31, 2024.
"We are fortunate to have someone of Tom's caliber and
experience already within CVS Health today and ready to take on the
role. His experience in health care is deep and broad, and he will
drive continuity for our strategy and delivering on our
commitments," said CVS Health President and CEO Karen S. Lynch. "Mike is a natural fit to lead
the execution of our health care delivery strategy. There is real
innovation and value to be unlocked as Mike unifies our
clinic-based and home health assets. The Board and I are fully
confident in Tom and Mike."
Cowhey joined CVS Health in February of 2022. He previously
served as Chief Financial Officer of Surgery Partners Inc., and
before that spent more than a decade at Aetna in various strategy
and finance roles. Since joining CVS Health, he has overseen
investor relations, corporate development, treasury, and finance
operations, working closely with Lynch and the Executive Leadership
Team to manage the company's overall financial strategy.
Pykosz joined CVS Health following the acquisition of Oak Street
Health on May 2, 2023. As CEO and a
co-founder of Oak Street, he built it into a leading multi-payor,
value-based primary care platform. During his time at CVS Health,
Pykosz has been focused on continuing to run the Oak Street Health
business, while also helping to unify all of CVS Health's care
delivery assets.
Lynch continued, "We fully support Shawn and his need to
prioritize his family during this time. We thank Shawn for all the
contributions he has made as a valuable member of our
team."
About CVS Health
CVS Health® is the leading health
solutions company, delivering care like no one else can. We reach
more people and improve the health of communities across America
through our local presence, digital channels and over 300,000
dedicated colleagues – including more than 40,000 physicians,
pharmacists, nurses and nurse practitioners. Wherever and whenever
people need us, we help them with their health – whether that's
managing chronic diseases, staying compliant with their medications
or accessing affordable health and wellness services in the most
convenient ways. We help people navigate the health care system –
and their personal health care – by improving access, lowering
costs and being a trusted partner for every meaningful moment of
health. And we do it all with heart, each and every day. Follow
@CVSHealth on social media.
Media contact
Ethan
Slavin
860-273-6095
SlavinE@cvshealth.com
Investor contact
Larry
McGrath
800-201-0938
InvestorInfo@CVSHealth.com
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SOURCE CVS Health