Larry Merlo Bio | Wiki
Larry Merlo is a well-known American business executive who was the former president and CEO of CVS Health. He first joined CVS Pharmacy in 1990, when Peoples was acquired by CVS. From January 1994 to March 1998, he served as senior vice president of stores and then Executive Vice President from March 1998 to January 2007. In addition, he was behind the decision that CVS would limit access to opioid painkillers in 2017.
Larry Merlo Age
He was born in Pittsburgh, Pennsylvania, in the United States in 1956. Merlo is 67 years old.
Larry Merlo Height
He is a man of average stature. Griffith stands at a height of 5 ft 7 in ( approx. 1.7m ).
Larry Merlo Family
He was born in Pittsburgh, Pennsylvania, in the United States to his supportive parents. Griffith holds American nationality. He is the son of a machinist and homemaker. His father died of tobacco-related cancer when the senior was just 57 years of age thus he takes tobacco campaigns personally. His mother died from lung cancer from smoking cigarettes.
Larry Merlo Wife
She married her loving college sweetheart, Lee Ann in 1978. Along with his wife, they endowed the Larry and Lee Ann Merlo Student Leadership Fund Award. The Award provides need-based assistance to students in Pitt’s Doctor of Pharmacy Program. The duo are parents of one daughter Kristen Merlo and his family resides in East Greenwich, Rhode Island.
Larry Merlo Education
He received his high school diploma from Charleroi Area High School in 1973. Merlo then enrolled at the University of Pittsburgh School of Pharmacy where he graduated with his degree in 1978.
Larry Merlo Cvs | Cvs Ceo
He served as president of CVS Health since May 2010 and as CEO since March 2011. In his position, he developed the company into the largest pharmacy healthcare provider in the United States. He first joined CVS Pharmacy in 1990, when Peoples was acquired by CVS. Merlo has spearheaded several initiatives aimed at making the company a leader in pharmaceutical innovation.
He announced that CVS Health would stop selling tobacco in all of its stores in 2014. The company has developed apprenticeship programs for pharmaceutical technicians. Moreover, he has also provided scholarships to pharmacy students and worked to encourage students from underrepresented communities to consider STEM careers. From January 1994 to March 1998 he was senior vice president of stores.
Furthermore, Merlo also worked as Executive Vice President, executive vice president of CVS Caremark, president of CVS Pharmacy, and COO until March 2011. Merlo was named number 31 by Fortune Magazine as the Biz Person of the Year in 2014. Along with his daughter Kristen, joined First Lady Michelle Obama as one of her special guests at the 2015 State of the Union Address on January 20. In addition, he received Pitt’s 2010 School of Pharmacy Distinguished Alumni Award.
Larry Merlo Retirement
He served as CEO of CVS Health for a decade until he stepped down from his role in February 2020. His role as CEO and president was taken over by Karen Lynch, who was currently the president of the Aetna business segment.
Larry Merlo House
He resides in East Greenwich, Rhode Island along with his wife Lee Ann. However, he has not shared any information regarding his house and the amenities available.
Larry Merlo Compensation
Merlo earned $36.5 million in total compensation in 2019. The pay was about $10 million ahead of the next-highest earner, Centene Corporation’s Michael Neidorff.
Larry Merlo Salary
As president of CVS Health, he received a $23,043,822 salary down 37 percent from 2019. His current salary as a board member of NACDS and the University of Pittsburgh’s board of trustees is $250,000 annually.
Larry Merlo Net Worth
Merlo is a 67-year-old American business executive who has worked for over 20 years at CVS Health earning a decent fortune. His net worth is $85 Million.
What Is Larry Merlo Doing Now
Currently, he serves on the board of the National Association of Chain Drug Stores (NACDS) and the University of Pittsburgh’s board of trustees. Also, he is a member of the Business Roundtable.
Who Is Larry Merlo
Merlo is a 67-year-old American business executive who was the former president and CEO of CVS Health. He first joined CVS Pharmacy in 1990, when Peoples was acquired by CVS. From January 1994 to March 1998, he served as senior vice president of stores and then Executive Vice President from March 1998 to January 2007. Currently, he serves on the board of the National Association of Chain Drug Stores (NACDS) and the University of Pittsburgh’s board of trustees. In addition, he was behind the decision that CVS would limit access to opioid painkillers in 2017.
How Old Is Larry Merlo
Merlo is 67 years old born in Pittsburgh, Pennsylvania, in the United States in 1956.