CVS Health (CVS) CEO Karen Lynch will be replaced by longtime executive David Joyner following extended profit struggles, according to the Wall Street...
report on this headline as the pharmacy chain shares preliminary guidance for its third quarter while withdrawing its 2024 profit forecasts reported in the second quarter on August 7.Health CBS Health Replacing CEO Karen Lynch naming David Joyner as the company's new leader amid some ongoing financial struggles here.
So again, that kind of signals the direction there of CV S and where it's going, which maybe comes as a slight surprise.That, of course, is is is a part of the narrative here this morning, and I think that this move doesn't necessarily come as a massive surprise.Just given the fact that CV S like you were saying, has far underperformed the broader market this year has been under a bit of pressure.
It is off the lows that that we saw in early, uh, earlier pre market trading, but again under a bit of pressure on the news of the new CEO, but also the, uh, preliminary results that were announced here this morning. Please be advised that the Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, and the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, Grand Chief Cody Thomas of the Confederacy of Treaty No.
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