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Press release from PR Newswire

CVS Caremark Appoints New Chief Information Officer

Wednesday, June 27, 2012

CVS Caremark Appoints New Chief Information Officer12:15 EDT Wednesday, June 27, 2012Stephen J. Gold joins the company from Avaya, Inc.WOONSOCKET, R.I., June 27, 2012 /PRNewswire/ -- CVS Caremark (NYSE: CVS) today announced the appointment of Stephen J. Gold to the position of Chief Information Officer.  Gold joins CVS Caremark on July 9 and will focus on bringing new and differentiating technology solutions to the company's retail and pharmacy benefit management businesses. (Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO ) Gold has more than 30 years of experience in designing and implementing large-scale technology initiatives in the PBM, eCommerce and retail industries. He joins CVS Caremark from Avaya, Inc. where he held the position of CIO. Prior to that, he served as the CIO and chief technology officer for the eCommerce solutions provider GSI Commerce, Inc.  Gold also served more than 12 years in various IT leadership positions with Merck & Company, Inc. and Medco Health Solutions."Steve is a proven technology leader with a track record of delivering leading-edge solutions to business," said Larry J. Merlo, President and CEO of CVS Caremark. "Technology is important to us as a pharmacy innovation company enabling us to drive solutions to improve quality, cost and access to health care for millions of Americans. I'm confident Steve will bring strong vision and introduce innovations that will position us for ongoing success."Gold, age 53, holds a B.S. in Computer Science from St. John's University. About CVS CaremarkCVS Caremark is dedicated to helping people on their path to better health as the largest integrated pharmacy company in the United States. Through the company's more than 7,300 CVS/pharmacy stores; its leading pharmacy benefit manager serving more than 60 million plan members; and its retail health clinic system, the largest in the nation with approximately 600 MinuteClinic locations, it is a market leader in mail order, retail and specialty pharmacy, retail clinics, and Medicare Part D Prescription Drug Plans.  As a pharmacy innovation company with an unmatched breadth of capabilities, CVS Caremark continually strives to improve health and lower costs by developing new approaches such as its unique Pharmacy Advisor® program that helps people with chronic diseases such as diabetes obtain and stay on their medications.  Find more information about how CVS Caremark is reinventing pharmacy for better health at info.cvscaremark.com.Media Contact:Carolyn CastelCorporate CommunicationsCarolyn.castel@cvscaremark.com(401) 770-5717  SOURCE CVS Caremark