Analysts See CVS CFO Switch as Sign of Turnaround, not Trouble

Apr 11
Apr 11, 2025

Analysts and investors reacted favorably to CVS Health Corp.’s April 8 announcement that the company had hired a new chief financial officer and expected to “meet or exceed” the 2025 financial guidance it had outlined in February. CVS also hired a new chief medical officer, continuing its executive turnover that began last year and included the ousting of CEO Karen Lynch and Brian Kane, president of the Aetna health insurance subsidiary.

CVS hired Brian Newman as CFO, replacing Thomas Cowhey, who had been in that role since January 2024 after being the interim CFO for three months when Shawn Guertin took a leave of absence. Cowhey will serve as a strategic adviser to CVS CEO David Joyner, effective May 12.
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Tim Casey

Tim has been a reporter and editor for newspapers, websites and magazines for more than 20 years, including 10 years covering health care business topics. He has a deep knowledge of the managed care industry and pharmacy benefit management. He also has experience covering medical conferences and clinical and legislative health care issues. In 2014, the Society for Advancing Business Editing and Writing selected Tim as one of 15 journalists to participate in a national symposium on the Affordable Care Act. Tim has a B.A. in Psychology from the University of Notre Dame and an M.B.A. from Georgetown University.