CVS Health reported $1.8 billion in net income for the first quarter, a 58.5% leap, as revenue increased 7% to $94.6 billion.

Thomas Cowhey, the current CFO, will leave the position, according to people familiar with the situation. The timing of his departure is unclear. A spokesperson for CVS declined to comment.

Earnings came in at $2.25 a share on revenue of $94.6 billion in the quarter, way above analysts' expectations.

Larry Mcgrath; Executive Vice President, Chief Strategy Officer and Chief Strategic Advisor to the CEO; CVS Health Corp J. David Joyner; President, Chief Executive Officer, Director; CVS Health Corp ...

(Reuters) - CVS Health's chief financial officer, Thomas Cowhey, intends to step down, Bloomberg News reported on Monday, amid the health insurer's ongoing efforts to effect a turnaround ...

C VS Health (NYSE:CVS) finance chief Thomas Cowhey is set to step down amid the company's ongoing turnaround efforts led by CEO David Joyn, Bloomberg reported, citing sources with knowledge of the ...

Thomas Cowhey, the current CFO, will step down from his role and become an adviser to Joyner, the company said on Tuesday, confirming an earlier Bloomberg News report. He will be succeeded by ...

He replaces Thomas Cowhey as CFO and will receive a base salary of $1 million. Cowhey will become a strategic adviser to Joyner, effective May 12, after little over a year as CFO. CVS expects its ...

CVS is shaking up its management ranks as newly installed CEO David Joyner tries to put his stamp on the health-care conglomerate.

Update: The revised post adds the company press release and outlook. CVS Health (NYSE:CVS) finance chief Thomas Cowhey will step down amid the company's ongoing turnaround efforts led by CEO David ...