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cvs health expands board adding hedge fund ceo and industry leaders

CVS Health has expanded its board to 16 members, adding four new directors, including Glenview Capital Management CEO Larry Robbins, who has been critical of the company. The move follows Glenview"s acquisition of a 1% stake and aims to enhance financial and operational performance amid ongoing challenges in CVS"s insurance business. Shares rose over 3% following the announcement.

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