CVS adds 4 new board members in deal with Glenview Capital

CVS strikes deal with activist Glenview Capital for four board seats
CVS Health struck a deal with dissident Glenview Capital, giving the investor four board seats. Glenview had been pushing for changes at the health-care giant and had met with former CEO Karen Lynch prior to her ouster.
CVS adds four new board members in deal with Glenview Capital
CVS Health said on Monday it added four new members to its board including hedge fund Glenview Capital's chief executive Larry Robbins as part of a standstill agreement with the activist investor. Shares of CVS rose 2% to $54.
CVS Adds Glenview’s Robbins to Board Under Activist Pressure
CVS Health Corp. named Glenview Capital Management founder Larry Robbins to its board as part of an agreement with the activist firm that’s been pressuring the company for change.
CVS Adds to Board in Deal With Glenview
CVS Health is adding four new members to its board in an agreement with Glenview Capital Management, a hedge fund that pushed for changes at the healthcare company. The new members include Glenview Chief Executive Larry Robbins, as well as three other ...
Activist Investor Glenview Capital Gets Four Seats On CVS Board
The board of directors at CVS is being expanded to 16 members to accommodate the new appointees. The other new directors are Leslie Norwalk, Guy Sansone and Doug Schulman. Glenview Capital has amassed a sizable stake in CVS stock and is agitating for change, including helping to precipitate Lynch's removal as CEO.
CVS Health bulks its board up to 16 members, adds hedge fund CEO
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant.
CVS Health Adds Four Board Seats In Deal With Hedge Fund
CVS Health said four new members will be added to its board from the hedge fund Glenview Capital, which had been pushing for changes at the diversified healthcare giant.
CVS Expands Board Amid Investor Pressure, Adds Glenview CEO and Industry Experts
As we strive to improve financial and operational performance, these new members will bring fresh ideas and strong market and industry experience, CVS Health Executive Chairman Roger Farah said in a statement. The action coincides with CVS trying to restore investor trust and answer Glenview's worries about unrealized potential.
CVS adds Glenview Capital Management founder to board
CVS has withdrawn its guidance for this year and offered investors no outlook for the next amid struggles in both the pharmacy and insurance businesses.
CVS Health names four new board members in deal with activist investor
CVS Health said on Monday it named four new members to its board of directors as part of a deal with activist investor Glenview Capital as the healthcare company continues to fight its way out of its brutal 2024.
Activist investor Glenview secures 4 board seats at CVS Health
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CVS Health appoints four new directors following agreement with Glenview
The board of directors of CVS Health (CVS) announced the appointment of four new board members: Leslie Norwalk, Larry Robbins, Guy Sansone, and Doug Shulman, following discussions with Glenview ...
Glenview, Sachem Head, Third Point buy CVS shares during Q3-filings
Three prominent investment firms bet changes are in the offing at ailing healthcare giant CVS Health and added to existing ...