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CVS Health Stock Is Moving Higher Monday: What’s Going On?

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CVS Health Corporation (NYSE:CVS) shares are trading higher Monday after the company announced the addition of four new directors to its board. Here’s what you need to know.

What To Know: CVS Health has appointed four new members to its board including Larry Robbins, Leslie Norwalk, Guy Sansone and Doug Shulman. The appointments come as a result of discussions with activist investor Glenview Capital Management, a major stakeholder.

The new board members bring varied expertise. Norwalk will join the Health Services Committee, Sansone will join the Audit Committee and Shulman will join the Management Planning and Development Committee. Robbins, who is the CEO of Glenview, will also join the board.

CVS Health’s board now consists of 16 members in …

Full story available on Benzinga.com

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