November 12, 2008
CVS Caremark Names Troyen Brennan, MD, EVP, Chief Medical Officer
WOONSOCKET, R.I., Nov. 12 /PRNewswire-FirstCall/ -- CVS Caremark today announced that it has appointed Troyen A. Brennan, MD, as executive vice president, chief medical officer. In this newly created role, Dr. Brennan will assume responsibility for the company's MinuteClinic, Accordant Health Care, clinical and medical affairs, and health care strategy.
"Troy Brennan is a highly regarded national health care expert who not only understands the challenges of health care today, but has hands on experience with all aspects of the health care delivery system. As a former practicing physician, hospital administrator with background in quality care measurement, and leader of a top health care insurer, Troy's experience will help strengthen our company's integrated approach to improving access, affordability and quality of care," said Tom Ryan, Chairman, CEO and President of CVS Caremark. "He is a great addition to our management team."
Brennan said he is excited to join the nation's largest pharmacy health care company. "CVS Caremark has integrated retail pharmacy, pharmacy management services and health care clinics to reach more than four million consumers every day. The company is positioned like no other to help improve outcomes and lower overall health care costs. I look forward to helping CVS Caremark further its mission to increase access to affordable, high quality pharmacy care through its proactive pharmacy care model," he said.
Most recently, Brennan served as chief medical officer for Aetna Inc., the nation's third largest health insurer. At Aetna, he was responsible for clinical operations, national quality management, disease management and other programs. Prior to Aetna, Brennan was President and CEO of Brigham and Women's Physicians Organization in Boston, MA, and also previously served that hospital as Director of Quality Measurement and Improvement. He is a member of the Institute of Medicine of the National Academy of Sciences.
Brennan has his MD and MPH from Yale Medical School, a JD from Yale Law School and a Masters Degree from Oxford University, where he was a Rhodes Scholar. He graduated with a BS from Southern Methodist University in Texas. He has served on the faculties of Harvard Medical School, Harvard Law School and the Harvard School of Public Health.
About CVS Caremark
CVS Caremark is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 6,800 CVS/pharmacy and Longs Drugs stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at http://cvscaremark.com/investors, as well as through the Newsroom section of the Company's Web site, at http://cvscaremark.com/newsroom.
Media Contact: Investor Contact: Eileen Howard Dunn Nancy Christal Senior Vice President Senior Vice President Corporate Communications & Investor Relations Community Relations (914) 722-4704 (401) 770-4561
CONTACT: Media Contact: Eileen Howard Dunn, Senior Vice PresidentCorporate Communications & Community Relations, +1-401-770-4561, or InvestorContact: Nancy Christal, Senior Vice President Investor Relations,+1-914-722-4704, both of CVS Caremark
Web site: http://cvscaremark.com/investors