February 18, 2025- CVS Health® has named Ed DeVaney president of the company’s CVS Caremark® pharmacy benefit management business. He was named interim president in December 2024. DeVaney will report to Prem Shah, group president, CVS Health.
DeVaney joined CVS Health in 2005, growing his career across CVS Caremark and Aetna, most recently leading CVS Caremark sales and account management as president, Employer & Health Plans, where he was responsible for growing and retaining CVS’ customer base across the PBM’s lines of business, including government services and coalitions. He also was responsible for our PBM Marketing team. Before joining CVS Health, Ed managed client relationships at Hewitt Associates, focusing on health care consulting and benefits administration.