Larry Merlo replaced Thomas M. Ryan in 2011 to become the next President and CEO of one of America’s leading publicly listed pharmacy retailer and healthcare company CVS Health Corporation. CVS CEO Larry helps the company to provide cost-effective and innovative healthcare products and services to communities, businesses, and people. In his leadership role, he has taken many critical decisions for the company, but the one that catapulted him to the league of superhero CEOs in 2014 was that all tobacco products should be removed from the company’s retail stores. Currently, he is focused on closing acquisition deal worth 69 billion USD with Aetna, Inc.
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CVS Competitors
The Fortune 500 retail pharmacy and healthcare firm CVS Health faces competition from:
- UnitedHealth Group
- Express Scripts Holding Co
- Anthem Inc.
Salary & Net Worth – Investors, Funding, & Valuation
It was reported that Larry Merlo earned more than 18 million USD in 2017. His package comprised a base salary of 1.6 million USD and annual incentive amounting to 2.3 million USD along with stock options and other compensations. Information about his net worth will be shared shortly.
CVS Health Corporation was estimated to have a net worth of about 71.18 billion USD in 2017. Funding and investors related information about the company will be presented after a while.
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Career & Education – Company, University, & College
Before becoming the President and CVS CEO, Merlo played many senior roles at CVS Health. From 2010 to 2011, he was the Chief Operating Officer. In 2007, he served CVS Pharmacy as its President for a span of three years. In the same period, he took charge of CVS Caremark as Executive Vice President. Prior to that, from 1998 to 2007, he served as the Executive Vice President of Stores and from 1994 to 1998, he was the Senior Vice President of Stores. His career started with Peoples Drug Stores, where he worked as Assistant Manager and then got promotion for the position of Regional Manager in 1990. In 1990, Peoples Drug was acquired by CVS and since then he has been associated with the company.
Larry earned his college degree from the University Of Pittsburgh School Of Pharmacy.
Contact Larry Merlo – Email Address | Twitter | LinkedIn
CVS Health CEO Larry’s email ID along with other contact details will be updated after a while.
CVS Health Customer Care Number | Help & Support
For feedback or queries, you can reach out company’s customer service team through their Contact Us page.
Wiki Trivia on Larry Merlo – Age, Wife, Family, & More
Larry, age 62, was brought up in a small town of Charleroi in Pittsburgh, Pennsylvania in 1956. His father was a mechanic at a Corning Glass factory and his mother was the lady of the house. When his father breathed his last, Merlo was still in college. His tuition fee was funded by a local pharmacy which he joined as a part-timer. He has no siblings. He and his wife Lee Ann Merlo are alumni of University of Pittsburgh. In 2014, Merlo was listed as the 8th best paid CEO in the US by CNN Money for earning a package of 22.9 million USD.
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