C-SUITE

CVS Pharmacy names president

BY David Salazar

CVS Pharmacy has tapped an insider as its new leader.

Kevin Hourican has been appointed president of CVS Pharmacy. He succeeds Helena Foulkes, who left the company to become CEO of Hudson’s Bay Company in February. Hourican had been serving as president while the company looked for a successor.

Hourican joined CVS Health in 2012, and most recently served as executive VP, retail pharmacy, CVS Pharmacy. Before that, he was CVS Pharmacy’s senior VP of operations for the East division. Prior to CVS, he held leadership positions at Macy’s and Sears Roebuck.

“We’re pleased to have Kevin at the helm of CVS Pharmacy,” CVS Health COO Jon Roberts said. “He has a proven track record of bringing innovative new programs and services to our patients and a strong ability to lead our retail pharmacy team. We believe that Kevin will bring his extensive consumer and retail skills to our front store business as well and I have no doubt he will be able to further transform our stores to become the front door of health care for consumers, patients and caregivers.”

CVS Pharmacy operates nearly 10,000 pharmacies in 49 states, the District of Columbia and Puerto Rico. In his new role, Hourican will lead the CVS Pharmacy team in delivering innovative health solutions to create a simpler, more responsive, and affordable experience for consumers, the company said.

Hourican assumes leadership as CVS Health is in the midst of its pending acquisition of health insurer Aetna.

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