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CVS Health Corp.'s new Chief Executive Officer David Joyner offered investors no guidance on the company's expected financial performance for 2024 or 2025 in Wednesday's earnings report, the first of his tenure.

The company did announce a new president for its troubled Aetna insurance unit, where Steve Nelson, a former CEO of UnitedHealth Group Inc.'s insurance division, will start today. He will have to grapple with the rising medical costs and decreased government payments that crimped the unit's returns and attracted the ire of activist investor Glenview Capital Management.

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