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Press release from PR Newswire

CVS Caremark Appoints Thomas M. Moriarty as Executive Vice President and General Counsel

Monday, September 17, 2012

CVS Caremark Appoints Thomas M. Moriarty as Executive Vice President and General Counsel09:00 EDT Monday, September 17, 2012WOONSOCKET, R.I., Sept. 17, 2012 /PRNewswire/ -- CVS Caremark (NYSE: CVS) today announced that Thomas M. Moriarty has been named Executive Vice President and General Counsel of CVS Caremark.  CVS Caremark is the largest pharmacy innovation company in the United States, and across its integrated network is a market leader in mail order pharmacy, retail pharmacy, specialty pharmacy, and retail clinics, and is a leading provider of Medicare Part D Prescription Drug Plans.(Logo:  http://photos.prnewswire.com/prnh/20090226/NE75914LOGO )Moriarty, 49, most recently served as General Counsel at the Celgene Corporation, a biopharmaceutical company, where he was responsible for global legal strategy and served on the company's Management Committee.  Prior to that, Moriarty was General Counsel and Corporate Secretary at Medco Health Solutions."We're very excited to have Tom join our team," said Larry J. Merlo, President and CEO of CVS Caremark.  "He has a broad range of business experience and legal expertise that make him a perfect fit as our Executive Vice President and General Counsel.  He is extremely knowledgeable about pharmacy health care and the health care business generally and is widely regarded as one of the most capable and experienced general counsels in corporate America."  Moriarty succeeds Douglas Sgarro who retired in May after more than 14 years with the company.  Moriarty will have responsibility for CVS Caremark's legal department.  He will also be a member of the company's Executive Committee.Previously, Moriarty worked at various positions in the Office of General Counsel at Merck & Co., the global biopharmaceutical company. He began his career at the law firm of Mudge Rose Guthrie Alexander and Ferdon in New York.  He received his J.D. from the University of Virginia School of Law and a bachelor's degree in government and law from Lafayette College. About CVS Caremark CVS 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 approximately 7,400 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.SOURCE CVS CaremarkFor further information: Eileen Howard Boone, Corporate Communications, +1-401-770-4561; Carolyn Castel, Corporate Communications, +1-401-770-5717, carolyn.castel@cvscaremark.com; Nancy Christal, Investor Relations, +1-914-722-4704