Karen S. Lynch Biography
Karen S.Lynch is an American entrepreneur who currently serves as the president and CEO of CVS Health. Likewise, she is a member of the boards of directors of AHIP, CVS Health, and United States Bancorp.
How old is Karen S. Lynch? – Age
Lynch is 60 years old as of 2023. She was born on December 30, 1963, in Ware, Massachusetts, United States, where she also grew up.
How tall is Karen S. Lynch? – Height
She stands at a height of 5 feet 7 inches (1.70 m) tall.
Karen S. Lynch Mother, Father, Siblings – Family
Karen was born to her loving parents, the names of whom are unknown. Her mother committed suicide when she was just 12 years old. Karen and her three siblings were raised by their aunt when their mother died. In her early twenties, she lost her aunt to breast cancer, lung cancer, and emphysema.
Karen S. Lynch Education
Lynch graduated from Ware Junior/Senior High School in 1980. She holds a bachelor’s degree in accounting from Boston College’s Carroll School of Management and is a Certified Public Accountant (CPA). After graduating, she began her financial career at Ernst & Young’s Boston office, where she specialised in insurance.
Is Karen S. Lynch Married? – Husband
Karen has been married to her loving husband, Kevin M. Lynch, for quite a long time now. Her husband Kevin, is the CEO of the Quell Foundation, a non-profit organisation dedicated to reducing the amount of suicides, overdoses, and incarceration of persons suffering from mental diseases by eradicating the stigma associated with mental illness.
Karen S. Lynch Career
Lynch attributes her decision to pursue a career in health care to her family life experiences. She worked in insurance for over a decade before returning to graduate school to obtain her MBA. In addition, she was named president of Cigna Dental in 2004.
The following year, she was assigned to a newly created post that combines Cigna Group Insurance and Cigna Dental leadership. She is believed to have departed Cigna in 2009 to become president of Magellan Health Services. She worked with Magellan until 2012, when she departed to become Aetna’s senior vice president and head of Specialty Products.
Moreover, three months after joining Aetna, she oversaw the integration of Coventry Health Care, the largest health care transaction at the time. Following that, in 2015, she became Aetna’s first female president, a post she held until CVS Health bought Aetna for $70 billion in 2018. Additionally, on February 1, 2021, during the COVID-19 pandemic, she was named president and CEO of CVS Health.
Furthermore, she became the Fortune 500’s highest-ranking female CEO and the 40th female CEO. Based on her suggestion, CVS created CostVantage, a basic cost-plus technique that based prescription medicine costs on the amount paid by CVS plus a little markup. Fortune selected her work as one of the top CEO achievements of 2023, calling the new method a “sea change” for the company.
Karen S. Lynch Net Worth
Karen has an estimated net worth of $55 Million.
You can find and follow Lynch on Twitter using the account name: @KarenSLynch