CVS pharmacy and Walgreens store signs. Photos: Diego M. Radzinschi/ALM

Ed DeVaney, a longtime CVS Health® official, is the new president of the Woonsocket, R.I.-based company’s CVS Caremark® pharmacy benefit management business. He previously was named interim president in December 2024.

“Ed’s ability to build and grow a strong team culture, while prioritizing talent development, leads to strong business results,” CVS Health president and CEO David Joyner said in a statement. “His commitment shows every day in his deep understanding of our industry, his advocacy for our business, and a proven track record of anticipating and solving client needs.”

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