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cvs appoints dr sreekanth chaguturu as president of health care delivery
CVS Health has appointed Dr. Sreekanth Chaguturu as president of Health Care Delivery, succeeding Mike Pykosz, who is departing the company. Chaguturu, previously the executive vice president and chief medical officer, aims to enhance patient care across CVS's services, including Oak Street Health clinics and MinuteClinic. The leadership change comes amid financial challenges for CVS, including lower reimbursement rates and rising medical costs, contributing to a nearly 20% drop in stock prices this year.
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