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Larry Merlo's Email & Phone Number

Former CEO of CVS Pharmacy


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About Larry Merlo

📖 Summary

Larry Merlo is a seasoned leader in the healthcare industry, known for his transformative leadership as the former CEO of CVS Pharmacy. With a career spanning over four decades, Merlo has left an indelible mark on the healthcare landscape through his dedication to improving access to affordable, high-quality care for millions of Americans.

Merlo joined CVS Pharmacy in 1990 and quickly worked his way up the ranks, showcasing his expertise in pharmacy operations and management. His strategic vision and unwavering commitment to innovation propelled him to the role of CEO in 2011, where he steered the company through a period of unprecedented growth and change.

During his tenure at the helm of CVS Pharmacy, Merlo led the charge to redefine the role of the traditional pharmacy. He championed the integration of healthcare services into the retail setting, aiming to create a seamless, holistic experience for patients. Under his leadership, CVS Pharmacy became a one-stop destination for health and wellness, offering a wide array of services such as flu shots, medication adherence programs, and preventive care screenings.

One of Merlo's most notable achievements was the acquisition of Aetna, a major health insurance provider, in 2018. This groundbreaking merger marked a pivotal moment for the healthcare industry, as it sought to bridge the gap between medical care and pharmacy services. With a keen understanding of the evolving healthcare landscape, Merlo forged a path to a more integrated, patient-centric model of care, solidifying CVS Pharmacy's position as a trailblazer in the industry.

While at the helm, Merlo was a vocal advocate for addressing the opioid epidemic, leveraging CVS Pharmacy's vast network of retail locations to implement policies aimed at combatting prescription drug abuse. His initiatives included limiting the supply of opioids dispensed for certain prescriptions and deploying safe medication disposal units in stores to prevent unused medications from falling into the wrong hands.

Merlo's commitment to social responsibility extended beyond the company's operations, as he led initiatives to promote diversity, equity, and inclusion within CVS Pharmacy's workforce. Under his leadership, the company established bold targets for increasing diverse representation at all levels of the organization, fostering a workplace culture that embraced differences and provided equal opportunities for all employees.

Merlo's impact on the healthcare industry goes far beyond his tenure at CVS Pharmacy. His forward-thinking approach and unwavering dedication to improving patient care have solidified his legacy as a visionary leader. As he continues to chart new paths in his journey, Merlo's influence will continue to shape the future of healthcare, leaving a lasting impression on all those who benefit from his tireless efforts to make a meaningful difference in the lives of others.


Frequently Asked Questions about Larry Merlo

What is Larry Merlo doing now?

Merlo serves on the board of the National Association of Chain Drug Stores (NACDS) and the University of Pittsburgh's board of trustees. He is also a member of the Business Roundtable.


How much does Larry Merlo make a year?

Merlo was one of the highest earners among major national payer CEOs in 2020, bringing in total compensation of $23 million for the year. He earned a $1.6 million salary, $4.1 million in option awards and $4.7 million in nonequity incentive plan compensation, according to the proxy.Apr 4, 2022


When did Larry Merlo retire from CVS?

CVS Health Corporation has announced that its board of directors has appointed Karen S. Lynch as the company's next president and CEO, effective February 1, 2021. Current CEO and President Larry J. Merlo plans to retire on May 31, 2021.Nov 6, 2020


Who was the old CEO of CVS?

Larry J. Merlo is the former president and CEO of CVS Health. He graduated from Charleroi Area High School in 1973 and from the University of Pittsburgh School of Pharmacy in 1978.


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