Company
CVS Health
Description
Merlo has held the top job at the company for the past decade, after joining CVS Health as a pharmacist 40 years ago. He will continue to serve on the company’s board until the next shareholders’ meeting in May 2021, and will officially retire on May 31.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months