CVS appoints Shawn Guertin CFO as Eva Boratto exits By Reuters


© Reuters. FILE PHOTO: The CVS brand is seen at one in every of their shops in Manhattan, New York, U.S., August 1, 2016. REUTERS/Andrew Kelly/File Picture

(Reuters) -Pharmacy chain operator CVS Well being (NYSE:) mentioned on Tuesday it had appointed former Aetna (NYSE:) chief monetary officer Shawn Guertin as CFO efficient Might 28, succeeding Eva Boratto who’s leaving the corporate after 11 years.

Guertin was with U.S. well being insurer Aetna for 8 years and served as its govt vp, chief monetary officer and chief enterprise danger officer. He additionally performed a key half in Aetna’s merger with CVS Well being in 2018, the corporate mentioned.

That is the second latest appointment from Aetna to CVS’ management, after Karen Lynch, president of Aetna, took over because the chief govt officer in February.

“Shawn is a unprecedented chief with a confirmed observe report of growing monetary methods to assist firms drive transformation,” Lynch mentioned.

CVS Well being additionally reaffirmed its 2021 adjusted earnings per share forecast vary of $7.56 to $7.68.

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