CVS Health Adds 4 Board Seats In Deal With Hedge Fund

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, Glenview Capital reach deal that adds 4 board members
As CVS Health pushes to turn around its financial fortunes, it has entered into a deal with key investor Glenview Capital Management that will add four members to its board of directors. | As CVS Health pushes to turn around its financial fortunes,
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.
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. Most Read from BloombergIn Cleveland,
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 adds four new board members in deal with Glenview as CEO pursues a turnaround
CVS Health added Glenview Capital's top boss and three others to its board in a deal with the hedge fund, a month after the healthcare conglomerate tasked a new CEO with its turnaround efforts.
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CVS has withdrawn its guidance for this year and offered investors no outlook for the next amid struggles in both the pharmacy and insurance businesses.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 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 bulks its board up to 16 members, adds hedge fund Glenview’s CEO
CVS Health has added four new board members, including the chief executive of a hedge fund that has been critical of the struggling healthcare giant.
CVS adds four new board members in deal with Glenview Capital
CVS Health said on Monday it would add four new members to its board in an agreement with Glenview Capital Management, including the hedge fund's chief executive Larry Robbins. Longtime investor Glenview Capital Management bought 2.
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CVS Health Stock In Focus After Board Appoints 4 New Members Following Talks With Glenview Capital: Retail’s Not Sold
Shares of CVS Health Corp ($CVS) were in focus on Monday morning after the firm announced new board appointments following ...
CVS Health adds four new board members in Glenview Capital deal
CVS Health (NYSE:CVS) has added four new members to its board following “productive engagement” with activist investor ...
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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 ...