Jon Roberts

Wellness, beauty and pharmacy retailer CVS continues to drive operational efficiency and execution, as well as further investments in innovation to meet the changing needs of today's customers. With building block strategies in place, including enhancements in the customer experience, digital and mobile initiatives, the retailer plans a strong outlook for 2014 and beyond. The retailer has significantly invested in digital capabilities for a stronger integrated multichannel offering. Going forward, CVS will maintain continuous improvement with investments to improve cost structure and service to customers. 

WOONSOCKET, R.I. — CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1. During the company's analyst meeting in December 2011, Per Lofberg, PBM president, announced his intention to extend his employment agreement with CVS Caremark through December 2013, as previously reported by Drug Store News. On Friday, the company announced that Roberts would assume the role of president of the PBM business in September. He will continue to report to Lofberg. Lofberg will continue to report to Larry

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Randy Falkenrath as SVP specialty pharmacy, with responsibility for the ongoing development of clinical programs and product management to support the company's specialty pharmacy business. Falkenrath brings more than 26 years of experience in the health plan, pharmaceutical and medical device industries to his new position at CVS Caremark. Over the past nine months, Falkenrath worked within the company's specialty field operations group. Prior to joining CVS Caremark, Falkenrath was SVP specialty pharmacy and business development for UnitedHealthcare's commercial pharmacy benefit management business. Previously, Falkenrath was a partner in

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