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The first Consumer Value Store (CVS), selling health and beauty products, was founded in 1963, in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein and Ralph Hoagland. By 1964, CVS had 17 stores that sold primarily beauty products. In 1967, CVS opened its first stores with pharmacy departments in Warwick, Rhode Island, and ...
CVS pharmacy Inc. CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [6] Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963. [7]
Concurrent Versions System ( CVS, or Concurrent Versioning System) is a version control system originally developed by Dick Grune in July 1986. [4] CVS operates as a front end to Revision Control System (RCS), an earlier system which operates on single files. It expands upon RCS by adding support for repository-level change tracking, and a ...
Caremark was founded as a physician and pharmacy benefits management company in 1993. [1] It was founded in Birmingham, Alabama as MedPartners, Inc. by former HealthSouth Corporation chief executive Richard Scrushy. [1] New Enterprise Associates was an initial investor in the company. [2] MedPartners went public in February 1995. [3]
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Karen S. Lynch (née Rohan, born December 30, 1963) is an American businesswoman and the president and chief executive officer of CVS Health. Lynch serves on the board of directors of AHIP, CVS Health, and U.S. Bancorp. In 2015, she became the first female president of Aetna. She has held executive positions at Magellan Health Services and Cigna.
MinuteClinic is a division of CVS Health (NYSE: CVS) that provides retail clinic services. [2] MinuteClinic was initially started as QuickMedx [3] by Dr. Douglas Smith and his patient Rick Krieger, along with Stephen Pontius in Minneapolis, Minnesota. MinuteClinic has more than 1,100 locations in 33 states and the District of Columbia.
Merlo announced his retirement from CVS on November 6, 2020 with January 31, 2021 being his last day. He was succeeded by Karen S. Lynch, then Executive Vice President, CVS Health and President, Aetna at the time. Over the course of his tenure, CVS stock rose from $33.21 to $72.08, a 217% gain in share price. Comparatively, the S&P 500 grew 280%.
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