CVS · CVS HEALTH Corp

$97.16 +2.17 (+2.28%) At close · Aug 14

Market Cap

$124.26B

1.28B

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Joyner	CEO	$1,500,000	—	$14,499,931	$0	$4,695,900	$453,609	$21,214,084
J. David Joyner	President and Chief Executive Officer	$1,500,000	—	$14,499,931	$0	$4,695,900	$453,609	$21,214,084
Prem S. Shah	Executive Vice President and Group President	$1,100,000	—	$7,199,920	$1,799,993	$3,013,000	$266,297	$13,379,210
Prem Shah	—	$1,100,000	—	$7,199,920	$1,799,993	$3,013,000	$266,297	$13,379,210
Steven H. Nelson	Executive Vice President and President, Aetna	$1,000,000	—	$5,799,915	$1,449,994	$2,988,000	$349,201	$11,587,110
Tilak Mandadi	Executive Vice President, Ventures and Chief Experience and Technology Officer	$1,000,000	—	$5,599,965	$1,399,996	$2,561,000	$416,755	$10,977,716
Brian O. Newman	Executive Vice President and Chief Financial Officer	$696,970	—	$5,599,950	$1,399,989	$1,562,000	$161,599	$9,420,508
Thomas F. Cowhey	Former Executive Vice President and Chief Financial Officer	$420,833	—	$4,399,978	$1,099,995	$0	$791,235	$6,715,138

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Karen Lynch	Former President and Chief Executive Officer	$1,191,781	—	$14,399,857	$3,599,985	$2,383,562	$1,856,281	$23,431,466
J. David Joyner	President and Chief Executive Officer	$1,103,495	—	$4,499,890	$11,999,997	$0	$205,410	$17,808,792
David Joyner	CEO	$1,103,495	—	$4,499,890	$11,999,997	$0	$205,410	$17,808,792
Prem S. Shah	Executive Vice President and Group President	$972,917	—	$4,799,848	$7,199,977	$0	$293,113	$13,265,855
Prem Shah	—	$972,917	—	$4,799,848	$7,199,977	$0	$293,113	$13,265,855
Tilak Mandadi	Executive Vice President Ventures, and Chief Digital, Data, Analytics and Technology Officer	$1,000,000	—	$8,199,843	$1,299,989	$583,000	$278,511	$11,361,343
Thomas F. Cowhey	Former Executive Vice President and Chief Financial Officer	$998,387	—	$4,799,848	$1,199,982	$436,000	$208,434	$7,644,364
Heidi B. Capozzi	Executive Vice President and Chief People Officer	$265,625	$1,500,000	$4,999,989	—	—	$85,134	$6,850,748

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Karen Lynch	Former President and Chief Executive Officer	$1,500,000	—	$12,374,971	$4,124,992	$2,992,000	$623,071	$21,615,034
Shawn Guertin	Former Executive Vice President, Chief Financial Officer and President of Health Services	$989,583	—	$7,499,980	$2,499,999	$1,439,000	$65,572	$12,494,134
Samrat S. Khichi	Executive Vice President, Chief Policy Officer and General Counsel	$753,409	$2,000,000	$7,374,948	$1,124,996	$626,000	$7,150	$11,886,503
Tilak Mandadi	Executive Vice President Ventures, and Chief Digital, Data, Analytics and Technology Officer	$1,000,000	—	$4,874,990	$1,624,993	$1,246,000	$135,862	$8,881,845
Prem S. Shah	Executive Vice President and Group President	$950,000	—	$4,499,937	$1,499,989	$1,421,000	$211,440	$8,582,366
Prem Shah	—	$950,000	—	$4,499,937	$1,499,989	$1,421,000	$211,440	$8,582,366
Thomas F. Cowhey	Senior Vice President and Interim Chief Financial Officer	$771,250	—	$2,187,397	$562,490	$788,000	$268,705	$4,579,937

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Karen Lynch	Former President and Chief Executive Officer	$1,487,500	—	$12,374,946	$4,124,984	$2,975,000	$354,625	$21,317,055
Shawn Guertin	Former Executive Vice President, Chief Financial Officer and President of Health Services	$1,250,000	—	$7,499,943	$2,499,998	$3,270,000	$110,772	$14,630,713
Tilak Mandadi	Executive Vice President Ventures, and Chief Digital, Data, Analytics and Technology Officer	$437,500	$2,773,375	$9,799,983	—	$981,000	$0	$13,991,858
Alan Lotvin	Former Executive Vice President and President – Pharmacy Services	$1,000,000	—	$5,624,957	$1,874,986	$2,242,000	$241,807	$10,983,750
Prem Shah	—	$916,667	—	$4,999,820	$999,999	$1,949,000	$149,732	$9,015,218
Prem S. Shah	Executive Vice President and Group President	$916,667	—	$4,999,820	$999,999	$1,949,000	$149,732	$9,015,218

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Karen Lynch	President and Chief Executive Officer	$1,429,167	—	$9,749,990	$3,249,997	$5,616,000	$343,258	$20,388,412
Jonathan C. Roberts	Executive Vice President and Chief Operating Officer	$1,237,500	—	$7,499,993	$2,499,994	$3,887,000	$230,094	$15,354,581
Shawn Guertin	Former Executive Vice President, Chief Financial Officer and President of Health Services	$738,636	$1,000,000	$8,249,980	$1,749,999	$2,585,000	$15,615	$14,339,230
Alan Lotvin	Former Executive Vice President and President – Pharmacy Services	$962,500	—	$5,249,995	$1,749,990	$2,887,000	$162,075	$11,011,560
Eva Boratto	Former Executive Vice President and Chief Financial Officer	$933,333	—	$4,499,996	$1,499,993	$2,513,000	$439,368	$9,885,690
Troyen A. Brennan	Executive Vice President and Chief Medical Officer	$843,750	—	$4,312,477	$1,437,498	$2,109,000	$90,539	$8,793,264
Larry Merlo	Former President and Chief Executive Officer	$679,167	—	—	—	$2,438,000	$666,905	$3,784,072

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Larry Merlo	Former President and Chief Executive Officer	$1,630,000	—	—	$4,185,131	$4,694,000	$658,942	$23,043,822
Jonathan C. Roberts	Executive Vice President and Chief Operating Officer	$1,200,000	—	$6,374,952	$2,092,561	$3,024,000	$309,699	$13,001,212
Karen Lynch	President and Chief Executive Officer	$1,214,615	—	$5,624,957	$1,846,381	$2,538,000	$83,963	$11,307,916
Eva Boratto	Former Executive Vice President and Chief Financial Officer	$962,500	—	$4,499,966	$1,477,098	$1,819,000	$162,589	$8,921,153
Alan Lotvin	Former Executive Vice President and President – Pharmacy Services	$831,250	—	$3,749,972	$1,230,918	$1,577,000	$83,035	$7,472,175

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Larry Merlo	Former President and Chief Executive Officer	$1,630,000	—	$20,249,968	$3,374,998	$10,625,000	$571,783	$36,451,749
Thomas M. Moriarty	Executive Vice President, Chief Policy and External Affairs Officer and General Counsel	$920,833	$1,000,000	$16,124,957	$1,249,999	$3,751,000	$108,145	$23,154,934
Jonathan C. Roberts	Executive Vice President and Chief Operating Officer	$1,200,000	—	$5,624,971	$1,874,996	$6,127,000	$221,413	$15,048,380
Derica W. Rice	Executive Vice President and President – CVS Caremark	$1,087,500	$250,000	$4,499,969	$1,499,997	$3,145,611	$143,142	$10,626,219
Eva Boratto	Former Executive Vice President and Chief Financial Officer	$850,000	—	$3,749,981	$1,249,999	$3,588,000	$126,243	$9,564,223

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Larry Merlo	President and Chief Executive Officer	$1,630,000	—	$10,124,947	$3,374,995	$6,142,000	$667,156	$21,939,098
Jonathan C. Roberts	Executive Vice President and Chief Operating Officer	$1,162,500	—	$9,624,917	$2,124,994	$2,927,000	$227,557	$16,066,968
Thomas M. Moriarty	Executive Vice President, Chief Policy and External Affairs Officer and General Counsel	$825,000	—	$6,749,933	$1,249,993	$2,081,500	$77,430	$10,983,856
Eva Boratto	Executive Vice President and Chief Financial Officer	$630,303	—	$4,799,831	$299,997	$1,164,200	$78,090	$6,972,421

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Larry Merlo	President and Chief Executive Officer	$1,630,000	—	$3,374,960	$3,374,998	$3,118,800	$754,106	$12,252,864
Jonathan C. Roberts	Executive Vice President and Chief Operating Officer	$1,033,333	—	$1,999,953	$1,999,994	$1,605,000	$244,484	$6,882,764
Thomas M. Moriarty	Executive Vice President, Chief Policy and External Affairs Officer and General Counsel	$750,000	—	$1,249,971	$1,249,998	$1,160,000	$102,585	$4,512,554

Executive changes

Person	Role	Change	Effective	Filed
John E. Gallina	Director	Appointed	2026-03-19	2026-03-19
Amy L. Compton-Phillips	Executive Vice President and Chief Medical Officer	Appointed	2025-05-19	2025-04-08
Brian O. Newman	Executive Vice President and Chief Financial Officer	Appointed	2025-05-12	2025-04-08
Doug Shulman	Board of Directors	Appointed	2024-11-17	2024-11-18
Guy Sansone	Board of Directors	Appointed	2024-11-17	2024-11-18
Larry Robbins	Board of Directors	Appointed	2024-11-17	2024-11-18
Leslie Norwalk	Board of Directors	Appointed	2024-11-17	2024-11-18
Steven H. Nelson	Executive Vice President and President of Aetna	Appointed	2024-11-06	2024-11-06
Prem S. Shah	Executive Vice President and Group President	Appointed	2024-11-06	2024-11-06
Roger N. Farah	Executive Chairman of the Board	Appointed	2024-10-17	2024-10-18
Karen S. Lynch	member of the Board	Resigned	2024-10-17	2024-10-18
Karen S. Lynch	President and Chief Executive Officer	Resigned	2024-10-17	2024-10-18
J. David Joyner	member of the Board	Appointed	—	2024-10-18
J. David Joyner	President and Chief Executive Officer	Appointed	2024-10-17	2024-10-18
Thomas F. Cowhey	Executive Vice President and Chief Financial Officer	Appointed	2024-01-05	2024-01-05
Thomas F. Cowhey	Interim Chief Financial Officer	Appointed	2023-10-13	2023-10-16
Michael F. Mahoney	Board of Directors	Appointed	2023-11-01	2023-09-21
J. Scott Kirby	Board	Appointed	2023-10-01	2023-07-20
J. David Joyner	President, Pharmacy Services	Appointed	2023-01-30	2023-01-23
Jeffrey R. Balser, M.D., Ph.D.	Board of Directors	Appointed	2022-09-12	2022-09-13

Key facts CIK 64803 CUSIP 126650100 13F (30d) 1803 filings 1737 filers Visit website Investor relations