WOONSOCKET, R.I., Sept. 21,
2023 /PRNewswire/ -- CVS Health Corporation (NYSE:
CVS) has appointed Michael F.
Mahoney, Chairman and CEO of Boston Scientific Corporation
(NYSE: BSX), a global medical technology leader, to serve on the
Board of Directors (the "Board") of CVS Health, effective
November 1.
"Mike's focus throughout his career – to drive improvements in
health outcomes and increase access to care – align with our
mission at CVS Health," said CVS Health President and CEO
Karen S. Lynch. "Adding a
well-respected health care leader to our Board demonstrates our
continued focus on strengthening our engagement with consumers to
improve their health and well-being."
Mahoney became the CEO of Boston Scientific Corporation in 2012
and became Chairman of the company's Board of Directors in 2016.
With more than 45,000 global employees, Boston Scientific reaches
over 33 million patients each year, providing a range of
technologies and solutions that span cardiovascular interventions,
structural heart, electrophysiology, endoscopy, neuromodulation,
urology, and women's health.
"We're extremely pleased to have Mike join the Board," said
Roger N. Farah, Independent Chair of
the Board of CVS Health. "His knowledge and insight will be a
tremendous asset, as will his background in leading the development
of innovative solutions for patients."
Mahoney's career spans more than 25 years of success building
market-leading medical device, capital equipment and health care IT
businesses. Prior to Boston Scientific, he served as Worldwide
Chairman of the Medical Devices and Diagnostics division of Johnson
& Johnson. Mahoney previously was President and CEO of Global
Healthcare Exchange, a leading medical supply chain solutions
company. For the first 12 years of his career, he advanced through
a series of leadership roles at General Electric Medical Systems,
including as General Manager of its Healthcare Information
Technology business.
"CVS Health and Boston Scientific share many common goals, with
a primary focus on making a real difference for the people and
patients we serve," Mahoney said. "I hope that my experience within
the health care industry will help me work with the Board and the
management team to support and advance CVS Health's strategy."
Mahoney serves on the Board of the Boys & Girls Club of
Boston and as the chair of the
Board of Governors of the Boston
College Chief Executives Club. He previously served on the
Board of Directors of Baxter International Inc., a multinational
health care company. He earned his B.B.A. in Finance from the
University of Iowa and his M.B.A.
from Wake Forest University. He is
married and has three children.
About CVS Health
CVS Health® is the leading health
solutions company, delivering care like no one else can. We reach
more people and improve the health of communities across America
through our local presence, digital channels and over 300,000
dedicated colleagues – including more than 40,000 physicians,
pharmacists, nurses and nurse practitioners. Wherever and whenever
people need us, we help them with their health – whether that's
managing chronic diseases, staying compliant with their medications
or accessing affordable health and wellness services in the most
convenient ways. We help people navigate the health care system –
and their personal health care – by improving access, lowering
costs and being a trusted partner for every meaningful moment of
health. And we do it all with heart, each and every day. Follow
@CVSHealth on social media.
Media contact
Ethan
Slavin
860-273-6095
Ethan.Slavin@CVSHealth.com
Investor contact
Larry
McGrath
800-201-0938
InvestorInfo@CVSHealth.com
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SOURCE CVS Health