CVS Health
Corporate Bias Rating
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Risk Level:
Summary:
CVS Health (CVS) is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. CVS embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportBoard Bias
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CEO of CVS Health
Karen S. Lynch
Summary:
Headquartered in Woonsocket, Rhode Island, CVS Health is a member of the Fortune 250 operating in the Food and Staples Retailing industry. Karen S. Lynch and Roger N. Farah serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $225,192 to Republican causes and $565,323 to Democratic causes. Under their tenure, CVS Health currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$225,192
$565,323
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/18/23 | Governance | John Chevedden | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 40.80% |
| 5/18/23 | Social | New York State Common Retirement Fund | Assess/Report on Adherence to ILO/UN Trade Union Standards | Against | 26.30% |
| 5/18/23 | Governance | Trillium Asset Management | Adopt Paid Sick Leave Policy | Against | 26.20% |
| 5/18/23 | Governance | Myra K. Young | Require Stockholder Approval for Certain By-law Amendements | Against | 18.50% |
| 5/18/23 | Governance | National Center for Public Policy Research | Require a CVS-Exclusive Board of Directors | Against | 1.30% |
| 4/28/23 | Social | NorthStar Asset Management, Inc. | Report on Hiring Practices Impact on Diversity | Against | 17.50% |
| 4/25/23 | Governance | James McRitchie and Myra K. Young | Report on Election Spending | Against | 15.60% |
| 5/11/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 42.30% |
| 5/11/22 | Social | Trillium Asset Management | Adopt Policy for Paid Sick Leave for All Employees | Against | 25.89% |
| 5/11/22 | Governance | Kenneth Steiner | Independent Board Chair | Against | 21.34% |
| 5/11/22 | Social | Myra K. Young | Report on External Public Health Costs of Junk Food Sales and Impact on Diversified Shareholders | Against | 11.82% |
| 5/11/22 | Social | National Center for Public Policy Research | Civil Rights and Non-Discrimination Audit | Against | 1.60% |
In the News
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