Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-21

CVS Health (CVS)

CEO J. David Joyner was paid $21,214,084 in fiscal year 2025, ↑ up 19.1% from fiscal year 2024, the 61st percentile of its disclosed peer group (SEC filing 0001308179-26-000201 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$21,214,084 ↑
J. David Joyner total, FY2025
61st
CEO pay percentile vs peers
336:1
CEO-to-median pay ratio
93.99%
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- J. David Joyner (President and Chief Executive Officer), FY2025 total compensation $21,214,084 (base salary $1,500,000) [exec_comp, SEC accession 0001308179-26-000201, filed 2026-04-03]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

CVS's next annual pay disclosure, estimated April 2, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
J. David Joyner$1,500,000$0$14,499,931$0$4,695,900$64,644$453,609$21,214,084
President and Chief Executive Officer
Prem Shah1,100,00007,199,9201,799,9933,013,0000266,29713,379,210
Executive Vice President and Group President
Steven Nelson1,000,00005,799,9151,449,9942,988,0000349,20111,587,110
Executive Vice President and President, Aetna
Tilak Mandadi1,000,00005,599,9651,399,9962,561,0000416,75510,977,716
Executive Vice President, Ventures and Chief Experience and Technology Officer
Brian Newman696,97005,599,9501,399,9891,562,0000161,5999,420,508
Executive Vice President and Chief Financial Officer
Thomas Cowhey420,83304,399,9781,099,99503,097791,2356,715,138
Former Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
J. David Joyner$21,214,084$17,808,792—↑ +3,405,292
Prem Shah13,379,21013,265,8558,582,366↑ +113,355
Steven Nelson11,587,110———
Tilak Mandadi10,977,71611,361,3438,881,845↓ −383,627
Brian Newman9,420,508———
Thomas Cowhey6,715,1387,644,3644,579,937↓ −929,226

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

You have just read CVS Health's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper CVS reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against CVS
19 companies name CVS as a compensation peer

The list of companies that name CVS as a peer is temporarily unavailable — recheck shortly.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Brian NewmanCFO$9,420,508
Prem ShahEVP$13,379,210
J. David JoynerCEO$21,214,084
Steven NelsonEVP$11,587,110
Thomas CowheyExecutive$6,715,138
Tilak MandadiEVP$10,977,716
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alecia A. DeCoudreauxIndependent Director$335,000
Anne M. FinucaneIndependent Director$347,500
C. David Brown IIIndependent Director$360,000
Douglas H. ShulmanIndependent Director$335,000
Fernando AguirreIndependent Director$365,000
Guy P. SansoneIndependent Director$335,000
J. Scott KirbyIndependent Director$335,000
Jean-Pierre MillonFormer director (through FY2025)—
Jeffrey R. BalserIndependent Director$360,000
Larry M. RobbinsIndependent Director$335,000
Leslie V. NorwalkDirector$335,000
Mary L. SchapiroFormer director (through FY2025)—
Michael F. MahoneyLead Independent Director$421,667
Nancy-Ann M. DeParleFormer director (through FY2025)—
Roger N. FarahDirector—
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Tilak MandadiEVP, Chief Exp & Tech Officer2026-05-08D69,551$90$6,230,379CommonForm 4 ↗
Larry M. RobbinsDirector2026-05-14A1,930.0197187,500Derivative, Class A CommonForm 4 ↗
Leslie V. NorwalkDirector2026-05-14A1,44797140,576CommonForm 4 ↗
J. Scott KirbyDirector2026-05-14A1,44797140,576CommonForm 4 ↗
Jeffrey R. BalserDirector2026-05-14A2,05897199,935CommonForm 4 ↗
Fernando AguirreDirector2026-05-14A1,56397151,845CommonForm 4 ↗
John E. GallinaDirector2026-05-14A1,447.597140,625Derivative, Class A CommonForm 4 ↗
Guy P. SansoneDirector2026-05-14A1,44797140,576CommonForm 4 ↗
Anne M. FinucaneDirector2026-05-14A1,54497150,000Derivative, Class A CommonForm 4 ↗
Michael F. MahoneyDirector2026-05-14A1,73797168,750Derivative, Class A CommonForm 4 ↗
C. David Brown IIDirector2026-05-14A1,54497150,000CommonForm 4 ↗
Douglas H. ShulmanDirector2026-05-14A1,447.597140,625Derivative, Class A CommonForm 4 ↗
Alecia A. DeCoudreauxDirector2026-05-14A1,447.597140,625Derivative, Class A CommonForm 4 ↗
Larry M. RobbinsDirector2026-05-19D1,983,38794187,326,935Common, indirectForm 4 ↗
Larry M. RobbinsDirector2026-05-19D1519514,372Common, indirectForm 4 ↗
Larry M. RobbinsDirector2026-05-20D8009677,026Common, indirectForm 4 ↗
Larry M. RobbinsDirector2026-05-20D66,881966,398,204Common, indirectForm 4 ↗
Larry M. RobbinsDirector2026-05-20D152,6919514,476,038Common, indirectForm 4 ↗
Fernando AguirreDirector2026-05-20D30,437942,854,230CommonForm 4 ↗
Larry M. RobbinsDirector2026-05-20D797,6289374,559,554Common, indirectForm 4 ↗
Fernando AguirreDirector2026-05-21D1,56394146,142CommonForm 4 ↗
Larry M. RobbinsDirector2026-05-21D370,4629334,619,007Common, indirectForm 4 ↗
Larry M. RobbinsDirector2026-05-21D378,0009335,271,558Derivative, Class A CommonForm 4 ↗
Brian NewmanEVP, Chief Financial Officer2026-05-31D2,47891225,448CommonForm 4 ↗
Amy Compton-PhillipsEVP, Chief Medical Officer2026-05-31D7,61891693,086CommonForm 4 ↗
James David ClarkSVP, Cont & Chief Acct Officer2026-06-26D4549141,305CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Prem ShahPSU2025-04-0137,30767,830—135,660$5,399,946
Steven NelsonPSU2025-04-0130,05354,641—109,2824,349,970
Tilak MandadiPSU2025-04-0129,01652,757—105,5144,199,985
Tilak MandadiRSU2025-04-01——20,594—1,399,980
Tilak MandadiOPTION2025-04-01——87,336—1,399,996
Prem ShahOPTION2025-04-01——112,289—1,799,993
Thomas CowheyOPTION2025-04-01——68,621—1,099,995
J. David JoynerRSU2025-04-01——53,324—3,624,966
Thomas CowheyPSU2025-04-0122,79941,452—82,9043,299,994
J. David JoynerPSU2025-04-0175,132136,603—273,20610,874,965
Prem ShahRSU2025-04-01——26,478—1,799,974
Brian NewmanOPTION2025-05-31——94,786—1,399,989
Brian NewmanRSU2025-05-31——21,861—1,399,978
Steven NelsonOPTION2025-04-01——90,455—1,449,994
Steven NelsonRSU2025-04-01——21,329—1,449,945
Brian NewmanPSU2025-05-3130,91956,217—112,4344,199,972
Thomas CowheyRSU2025-04-01——16,181—1,099,984
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Prem Shah$1,799,974$5,399,946$1,799,99360.0%
Steven Nelson1,449,9454,349,9701,449,99460.0%
Tilak Mandadi1,399,9804,199,9851,399,99660.0%
Thomas Cowhey1,099,9843,299,9941,099,99560.0%
J. David Joyner3,624,96610,874,965075.0%
Brian Newman1,399,9784,199,9721,399,98960.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
J. David JoynerRSU7,981—$633,372
Tilak MandadiRSU30,732—2,438,892
Thomas CowheyPSU6,908—548,219
Thomas CowheyRSU3,896—309,187
Thomas CowheyRSU2,396—190,147
J. David JoynerPSU29,361—2,330,089
Steven NelsonPSU54,641—4,336,310
Prem ShahPSU46,978—3,728,174
Brian NewmanPSU56,217—4,461,381
J. David JoynerRSU53,324—4,231,793
Tilak MandadiPSU50,893—4,038,868
Prem ShahRSU28,368—2,251,284
J. David JoynerOption25,98074.31—
Steven NelsonOption90,45567.98—
Tilak MandadiOption87,33667.98—
Prem ShahRSU26,478—2,101,294
Prem ShahOption44,53774.31—
Tilak MandadiOption50,94079.56—
Tilak MandadiOption48,24874.31—
Thomas CowheyOption5,198101.09—
Prem ShahOption10,395101.09—
Prem ShahOption497,51571.82—
Brian NewmanOption94,78664.04—
J. David JoynerRSU21,210—1,683,226
J. David JoynerOption995,03071.82—
J. David JoynerPSU136,603—10,840,814
Prem ShahPSU67,830—5,382,989
Prem ShahOption112,28967.98—
Tilak MandadiPSU52,757—4,186,796
Steven NelsonOption82,92071.82—
Tilak MandadiRSU33,417—2,651,973
Thomas CowheyPSU23,489—1,864,087
Brian NewmanRSU21,861—1,734,889
Steven NelsonRSU21,329—1,692,669
Tilak MandadiRSU20,594—1,634,340
J. David JoynerRSU16,548—1,313,249
Prem ShahOption47,02279.56—
Tilak MandadiRSU12,255—972,557
Prem ShahRSU11,312—897,720
Thomas CowheyOption17,15567.98—
Thomas CowheyRSU7,739—614,167
Thomas CowheyRSU7,108—564,091
Thomas CowheyOption15,67479.56—
Thomas CowheyRSU3,640—288,870
Thomas CowheyOption8,35174.31—
05

Incentive-plan design — the Compensation Discussion & Analysis

Although we consider numerous factors in our pay decisions, these five core principles drive our executive compensation philosophy

CEO STI target (% of salary)200%
CEO LTI target (% of salary)—
Independent consultantKorn Ferry
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-14976,252,19459,088,9233,377,35793.99%Passed
20252025-05-15597,945,237413,324,1382,753,87659.13%Passed
20242024-05-16818,001,447139,313,2323,692,72085.45%Passed
20232023-05-18745,115,461185,740,1474,744,21480.05%Passed
20222022-05-11903,024,50780,791,1413,635,23191.79%Passed
20212021-05-13851,824,27091,423,5493,741,91190.31%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1493.99%a
20252025-05-1559.13%b
20242024-05-1685.45%c

a. Approved under the standard stated in the filing — “Abstentions are counted as shares present or represented and voting and have the effect of a vote against.”.

b. Approved under the standard stated in the filing — “Votes "against" a director's election will count as votes cast, but "abstentions" and "broker non-votes" will not count as votes cast with respect to that director's election and will have no effect on the vote.”.

c. Approved under the standard stated in the filing — “Votes "against" a director's election will count as votes cast, but "abstentions" and "broker non-votes" will not count as votes cast with respect to that director's election and will have no effect.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)336 : 1
CEO total compensation$21,214,084
Median employee compensation$63,262
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael F. MahoneyIndependent · Lead Independent Director · Nominating and Corporate Governance (Chair) · Management Planning and Development · Executive$105,459$316,208$0—$0$421,667
Fernando AguirreIndependent · Audit (Chair) · Management Planning and Development91,284273,7160—0365,000
C. David Brown IIIndependent · Management Planning and Development (Chair) · Nominating and Corporate Governance90,060269,9400—0360,000
Jeffrey R. BalserIndependent · Audit · Health Services and Technology (Chair) · Executive90,060269,9400—0360,000
Anne M. FinucaneIndependent · Audit · Management Planning and Development · Public Policy and External Affairs (Chair)86,875260,6250——347,500
Douglas H. ShulmanIndependent · Management Planning and Development · Health Services and Technology83,786251,2140—0335,000
Guy P. SansoneIndependent · Audit83,786251,2140—0335,000
Alecia A. DeCoudreauxIndependent · Health Services and Technology · Nominating and Corporate Governance83,750251,2500—0335,000
Larry M. RobbinsIndependent · Audit83,750251,2500—0335,000
J. Scott KirbyIndependent · Health Services and Technology · Nominating and Corporate Governance83,815251,1850——335,000
Leslie V. NorwalkNot independent · Health Services and Technology83,786251,2140—0335,000
J. David JoynerEmployee director · Board Chair · Executive000—00
Mary L. SchapiroNot standing for re-election · Departed during FY000000
Nancy-Ann M. DeParleNot standing for re-election · Departed during FY000000
Jean-Pierre MillonNot standing for re-election · Departed during FY000000
Roger N. FarahNot independent · Executive (Chair)000—00
09

Board fee structure and ownership guideline

Annual cash retainer$83,750
Annual equity retainer$251,250
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 25,000
Stock ownership guideline$10,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$966,411
Equity awards (grant-date value)$2,897,756
All other compensation$0
Total cost of the board$3,864,167

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies CVS Health names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including CVS Health.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Microsoft Corporation2025Satya Nadella$2,500,000$84,245,496$0$9,555,000$96,496,790
2Thermo Fisher Scientific Inc.2025Marc Casper1,785,53465,730,2117,951,3773,742,12379,923,350
3International Business Machines Corporation2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
4Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
5AbbVie Inc.2025Robert Michael1,700,00013,268,4563,199,1545,200,00032,530,984
6IQVIA Holdings Inc.2025Ari Bousbib1,800,00015,749,9574,528,3174,966,12728,128,245
7Pfizer Inc.2025Albert Bourla1,800,0009,442,7058,998,1415,400,00027,585,301
8HCA Healthcare, Inc.2025Samuel Hazen1,577,8158,474,5438,514,0905,416,73226,456,606
9McKesson Corporation2026Brian Tyler1,591,66717,201,20204,456,66824,213,044
10Danaher Corporation2025Rainer Blair1,400,0009,292,3708,386,6574,194,40023,795,280
11The Cigna Group2025David Cordani1,600,00013,929,1613,400,0193,200,00022,866,134
12Elevance Health, Inc.2025Gail Boudreaux1,600,00013,440,2774,199,7652,768,00022,582,314
13Cardinal Health, Inc.2026Jason Hollar1,500,00016,259,91804,278,75022,574,349
14Bristol-Myers Squibb Company2025Christopher Boerner1,586,34616,061,39903,754,68421,879,919
15CVS Health2025J. David Joyner1,500,00014,499,93104,695,90021,214,084
16Merck & Co., Inc.2025Robert Davis1,645,30212,102,8383,380,0042,326,50020,797,845
17Centene Corporation2025Sarah London1,473,07715,537,73302,109,44619,506,298
18Align Technology, Inc.2025Joseph Hogan1,400,00016,556,87201,220,10019,193,988
19Humana Inc.2025James Rechtin1,348,55813,868,14103,034,74018,757,075
20Molina Healthcare Inc.2025Joseph Zubretsky1,600,00016,199,9880018,340,783
21Labcorp Holdings Inc.2025Adam Schechter1,435,00011,400,4632,754,5822,062,09518,339,913
22Cencora, Inc.2025Robert Mauch1,350,00012,000,21804,283,21318,256,227
23Edwards Lifesciences Corporation2025Bernard Zovighian1,192,5007,167,0246,499,1092,406,53717,454,255
24Becton, Dickinson and Company2025Thomas Polen1,395,4639,991,8543,311,8611,852,01017,129,140
25Zimmer Biomet Holdings, Inc.2025Ivan Tornos1,281,84612,000,10102,420,76716,106,550
26The Cooper Companies, Inc.2025Albert White III1,170,7696,642,9186,643,0501,525,95116,051,141
27Hologic, Inc.2024Stephen MacMillan1,212,6289,141,4682,937,4771,990,41315,819,261
28Charles River Laboratories International, Inc.2025James Foster1,545,63611,601,08902,182,66615,435,220
29Agilent Technologies, Inc.2025Padraig McDonnell1,141,3458,169,8502,017,7591,436,80912,827,236
30STERIS plc2026Daniel Carestio1,095,7074,333,9514,334,2511,725,00711,508,522
31Teleflex Incorporated2025Liam Kelly1,144,4002,005,6042,886,518227,2806,732,419

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
CVS Health156.5%PSU 60 · RSU 20 · Options 20Yes — rTSR ModifierKorn Ferry
AbbVie Inc.not disclosedPSU 40 · PRSU 40 · Option 20Yes — Relative TSRSemler Brossy
Agilent Technologies, Inc.not disclosedPSU 60 · Options 20 · RSU 20NoSemler Brossy
Align Technology, Inc.58.1%MSU 70 · RSU 30Yes — Relative Total Stockholder Return (TSR) vs. Nasdaq Composite IndexCompensia, Inc.
Becton, Dickinson and Company85%PSU 50 · Options 25 · RSU 25NoSemler Brossy
Bristol-Myers Squibb Company157.66%PSU 60 · MSU 40Yes — 3-Year Relative TSR CAGRFarient Advisors LLC
Cardinal Health, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSR modifierKorn Ferry
Cencora, Inc.181.3%PSU 60 · RSU 40Yes — Relative TSRPearl Meyer & Partners
Centene Corporation71.6%PSU 60 · RSU 40Yes — Relative TSRFW Cook
Charles River Laboratories International, Inc.139%PSU 60 · RSU 40Yes — Three-year rTSRPay Governance
Danaher Corporationnot disclosedOptions 50 · RSU 50Yes — Relative TSRFW Cook
Edwards Lifesciences Corporation127%Options 50 · PSU 25 · RSU 25NoSemler Brossy Consulting Group
Elevance Health, Inc.86.5%PSU 52 · RSU 24 · Options 24NoWillis Towers Watson (WTW)
HCA Healthcare, Inc.195.78%SAR 50 · PSU 50NoSemler Brossy
Hologic, Inc.109%PSU 50 · RSU 25 · Option 25NoPearl Meyer & Partners, LLC
Humana Inc.112%PSU 60 · RSU 40Yes — Relative TSRFarient Advisors, LLC
International Business Machines Corporation150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
IQVIA Holdings Inc.not disclosedPSU 75 · Options 25YesMeridian Compensation Partners, LLC
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
Labcorp Holdings Inc.95.8%PSU 60 · RSU 20 · Options 20Yes — RELATIVE TSR MODIFIERFW Cook
McKesson Corporation140%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) relative to comparator groupKorn Ferry
Merck & Co., Inc.94%PSU 60 · RSU 20 · Options 20Yes — Relative Total Shareholder Return (R-TSR)FW Cook
Microsoft Corporationnot disclosedPSA 100NoPay Governance LLC
Molina Healthcare Inc.not disclosedPSU 60 · RSU 40NoFW Cook
Pfizer Inc.150%PSU 50 · MSU 50Yes — relative TSR as compared to the NYSE Arca Pharmaceutical Index (DRG Index or DRG)Meridian Compensation Partners, LLC
STERIS plc125.1%RSU 50 · Options 50not disclosedFrederic W. Cook & Co., Inc.
Teleflex Incorporated25.9%Options 55 · RSU 25 · PSU 20Yes — Absolute TSRFW Cook
The Cigna Group100%PSU 60 · RSU 20 · Options 20NoPay Governance
The Cooper Companies, Inc.100.9%Options 50 · PSU 50NoCompensia
Thermo Fisher Scientific Inc.99.8%PSU 50 · Options 50Yes — Relative TSRPearl Meyer
Zimmer Biomet Holdings, Inc.125.9%RSU 50 · PSU 50Yes — Relative TSRSemler Brossy

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at CVS Health in fiscal 2025?
As disclosed, J. David Joyner (President and Chief Executive Officer) was the highest-paid executive at CVS Health in fiscal 2025, with total compensation of $21,214,084.
How does CVS Health's chief executive pay compare to its disclosed peer group?
As disclosed, J. David Joyner's total compensation ranked at the 61st percentile of CVS Health's disclosed peer group.
What is CVS Health's CEO-to-median employee pay ratio?
As disclosed, CVS Health's CEO-to-median employee pay ratio was 336:1.
How did shareholders vote on CVS Health's executive compensation?
As disclosed, 93.99% of shareholders supported CVS Health's executive compensation in the latest say-on-pay vote.
How much does CVS Health spend in total on board compensation for fiscal 2025?
As disclosed, CVS Health reported total board compensation of $3,864,167 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, J. David JoynerDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874
2Section 01, Prem ShahDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 13,379,210. Filing ↗machine: r9 · c18 · span 982220–982230
3Section 01, Steven NelsonDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 11,587,110. Filing ↗machine: r7 · c18 · span 979040–979050
4Section 01, Tilak MandadiDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 10,977,716. Filing ↗machine: r4 · c18 · span 974982–974992
5Section 01, Brian NewmanDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 9,420,508. Filing ↗machine: r3 · c18 · span 973105–973114
6Section 01, Thomas CowheyDEF 14A2026-04-030001308179-26-000201Section “Summary Compensation Table” · page 77. As printed: 6,715,138. Filing ↗machine: r12 · c18 · span 987046–987055
7Section 03, Prem Shah PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1080980–1080989
8Section 03, Steven Nelson PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1069244–1069253
9Section 03, Tilak Mandadi PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1057505–1057514
10Section 03, Tilak Mandadi RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1060424–1060433
11Section 03, Tilak Mandadi OPTIONDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1054649–1054658
12Section 03, Prem Shah OPTIONDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1078124–1078133
13Section 03, Thomas Cowhey OPTIONDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1089863–1089872
14Section 03, J. David Joyner RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1036930–1036939
15Section 03, Thomas Cowhey PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1092718–1092727
16Section 03, J. David Joyner PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1034010–1034020
17Section 03, Prem Shah RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1083899–1083908
18Section 03, Brian Newman OPTIONDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1042896–1042905
19Section 03, Brian Newman RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1048673–1048682
20Section 03, Steven Nelson OPTIONDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1066388–1066397
21Section 03, Steven Nelson RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1072163–1072172
22Section 03, Brian Newman PSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1045753–1045762
23Section 03, Thomas Cowhey RSUDEF 14A1900-01-010001308179-26-000201Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1095637–1095646
24Section 07, pay ratioDEF 14A2026-04-030001308179-26-000201Section “CEO Pay Ratio”. As printed: 336 : 1. Filing ↗machine: span 1326591–1326599
25Section 08, Michael F. MahoneyDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 421,667. Filing ↗machine: t143 · r7 · c10 · span 555395–555402
26Section 08, Fernando AguirreDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 365,000. Filing ↗machine: t143 · r1 · c10 · span 547667–547674
27Section 08, C. David Brown IIDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 360,000. Filing ↗machine: t143 · r3 · c10 · span 550243–550250
28Section 08, Jeffrey R. BalserDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 360,000. Filing ↗machine: t143 · r2 · c10 · span 548961–548968
29Section 08, Anne M. FinucaneDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 347,500. Filing ↗machine: t143 · r5 · c10 · span 552819–552826
30Section 08, Douglas H. ShulmanDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r11 · c10 · span 560399–560406
31Section 08, Guy P. SansoneDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r10 · c10 · span 559237–559244
32Section 08, Alecia A. DeCoudreauxDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r4 · c10 · span 551529–551536
33Section 08, Larry M. RobbinsDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r9 · c10 · span 557958–557965
34Section 08, J. Scott KirbyDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r6 · c10 · span 554097–554104
35Section 08, Leslie V. NorwalkDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t143 · r8 · c10 · span 556677–556684
36Section 08, J. David JoynerDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 0. Filing ↗
37Section 08, Mary L. SchapiroDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 0. Filing ↗
38Section 08, Nancy-Ann M. DeParleDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 0. Filing ↗
39Section 08, Jean-Pierre MillonDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 0. Filing ↗
40Section 08, Roger N. FarahDEF 14A2026-04-030001308179-26-000201Section “Director Compensation”. As printed: 0. Filing ↗
41Section 02, Tilak Mandadi 2026-05-08Form 42026-05-110000064803-26-000056Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Larry M. Robbins 2026-05-14Form 42026-05-150000064803-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Leslie V. Norwalk 2026-05-14Form 42026-05-150000064803-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, J. Scott Kirby 2026-05-14Form 42026-05-150000064803-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Jeffrey R. Balser 2026-05-14Form 42026-05-150000064803-26-000074Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Fernando Aguirre 2026-05-14Form 42026-05-150000064803-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, John E. Gallina 2026-05-14Form 42026-05-150000064803-26-000080Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Guy P. Sansone 2026-05-14Form 42026-05-150000064803-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Anne M. Finucane 2026-05-14Form 42026-05-150000064803-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Michael F. Mahoney 2026-05-14Form 42026-05-150000064803-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, C. David Brown II 2026-05-14Form 42026-05-150000064803-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Douglas H. Shulman 2026-05-14Form 42026-05-150000064803-26-000060Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Alecia A. DeCoudreaux 2026-05-14Form 42026-05-150000064803-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Larry M. Robbins 2026-05-19Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Larry M. Robbins 2026-05-19Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Larry M. Robbins 2026-05-20Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Larry M. Robbins 2026-05-20Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Larry M. Robbins 2026-05-20Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Fernando Aguirre 2026-05-20Form 42026-05-220000064803-26-000084Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Larry M. Robbins 2026-05-20Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Fernando Aguirre 2026-05-21Form 42026-05-220000064803-26-000084Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Larry M. Robbins 2026-05-21Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Larry M. Robbins 2026-05-21Form 42026-05-210000905148-26-002617Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Brian Newman 2026-05-31Form 42026-06-010000064803-26-000088Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Amy Compton-Phillips 2026-05-31Form 42026-06-010000064803-26-000086Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, James David Clark 2026-06-26Form 42026-06-290000064803-26-000092Insider equity transaction reported since the proxy statement. Filing ↗
67Section 06, 2026 voteForm 8-K2026-05-180000064803-26-000082Item 5.07 · say-on-pay result. As reported: 93.99% (votes for as printed: 976,252,194). Filing ↗
68Section 06, 2025 voteForm 8-K2025-05-200000064803-25-000015Item 5.07 · say-on-pay result. As reported: 59.13% (votes for as printed: 597,945,237). Filing ↗
69Section 06, 2024 voteForm 8-K2024-05-220000064803-24-000019Item 5.07 · say-on-pay result. As reported: 85.45% (votes for as printed: 818,001,447). Filing ↗
70Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
71Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
72Section 09b board cost (computed)Computed——Cash 966,411 + equity 2,897,756 + all other 0 = 3,864,167, summed across the director compensation table rows.machine: formula: Σ = 3,864,167
73Microsoft Corporation, Section 10b CEO totalDEF 14A2025-10-210001193125-25-245150CEO total compensation as printed in Microsoft Corporation's own proxy. As printed: 96,496,790. Filing ↗machine: r2 · c27 · span 1059364–1059374
74Thermo Fisher Scientific Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-144585CEO total compensation as printed in Thermo Fisher Scientific Inc.'s own proxy. As printed: 79,923,350. Filing ↗machine: span 973487–973497
75International Business Machines Corporation, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in International Business Machines Corporation's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
76Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
77AbbVie Inc., Section 10b CEO totalDEF 14A2026-03-230001104659-26-033387CEO total compensation as printed in AbbVie Inc.'s own proxy. As printed: 32,530,984. Filing ↗
78IQVIA Holdings Inc., Section 10b CEO totalDEF 14A2026-02-270001628280-26-012892CEO total compensation as printed in IQVIA Holdings Inc.'s own proxy. As printed: 28,128,245. Filing ↗machine: t232 · r4 · c10 · span 1613956–1613966
79Pfizer Inc., Section 10b CEO totalDEF 14A2026-03-120000078003-26-000033CEO total compensation as printed in Pfizer Inc.'s own proxy. As printed: 27,585,301. Filing ↗machine: t242 · r3 · c12 · span 1506825–1506835
80HCA Healthcare, Inc., Section 10b CEO totalDEF 14A2026-03-130001193125-26-106142CEO total compensation as printed in HCA Healthcare, Inc.'s own proxy. As printed: 26,456,606. Filing ↗machine: span 784078–784088
81McKesson Corporation, Section 10b CEO totalDEF 14A2026-06-120000927653-26-000169CEO total compensation as printed in McKesson Corporation's own proxy. As printed: 24,213,044. Filing ↗machine: r2 · c21 · span 1260172–1260182
82Danaher Corporation, Section 10b CEO totalDEF 14A2026-03-250000313616-26-000101CEO total compensation as printed in Danaher Corporation's own proxy. As printed: 23,795,280. Filing ↗machine: t122 · r2 · c21 · span 1070180–1070190
83The Cigna Group, Section 10b CEO totalDEF 14A2026-03-130001739940-26-000023CEO total compensation as printed in The Cigna Group's own proxy. As printed: 22,866,134. Filing ↗machine: t303 · r3 · c16 · span 1360729–1360739
84Elevance Health, Inc., Section 10b CEO totalDEF 14A2026-03-270001156039-26-000031CEO total compensation as printed in Elevance Health, Inc.'s own proxy. As printed: 22,582,314. Filing ↗machine: span 1161376–1161386
85Cardinal Health, Inc., Section 10b CEO totalDEF 14A2026-09-210001308179-26-000402CEO total compensation as printed in Cardinal Health, Inc.'s own proxy. As printed: 22,574,349. Filing ↗machine: r2 · c21 · span 1230025–1230035
86Bristol-Myers Squibb Company, Section 10b CEO totalDEF 14A2026-03-250000014272-26-000006CEO total compensation as printed in Bristol-Myers Squibb Company's own proxy. As printed: 21,879,919. Filing ↗machine: t168 · r3 · c15 · span 1302160–1302170
87CVS Health (subject), Section 10b CEO totalDEF 14A2026-04-030001308179-26-000201CEO total compensation as printed in CVS Health's own proxy. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874
88Merck & Co., Inc., Section 10b CEO totalDEF 14A2026-04-080001193125-26-147704CEO total compensation as printed in Merck & Co., Inc.'s own proxy. As printed: 20,797,845. Filing ↗machine: span 1371012–1371022
89Centene Corporation, Section 10b CEO totalDEF 14A2026-03-260001071739-26-000077CEO total compensation as printed in Centene Corporation's own proxy. As printed: 19,506,298. Filing ↗machine: r2 · c30 · span 1494721–1494732
90Align Technology, Inc., Section 10b CEO totalDEF 14A2026-04-070001097149-26-000023CEO total compensation as printed in Align Technology, Inc.'s own proxy. As printed: 19,193,988. Filing ↗machine: r2 · c42 · span 933168–933178
91Humana Inc., Section 10b CEO totalDEF 14A2026-03-060001104659-26-024799CEO total compensation as printed in Humana Inc.'s own proxy. As printed: 18,757,075. Filing ↗machine: t157 · r1 · c63 · span 1938706–1938716
92Molina Healthcare Inc., Section 10b CEO totalDEF 14A2026-03-230001179929-26-000014CEO total compensation as printed in Molina Healthcare Inc.'s own proxy. As printed: 18,340,783. Filing ↗machine: r3 · c21 · span 812138–812148
93Labcorp Holdings Inc., Section 10b CEO totalDEF 14A2026-04-100001193125-26-150752CEO total compensation as printed in Labcorp Holdings Inc.'s own proxy. As printed: 18,339,913. Filing ↗machine: t153 · r3 · c22 · span 3147696–3147706
94Cencora, Inc., Section 10b CEO totalDEF 14A2026-01-220001628280-26-003061CEO total compensation as printed in Cencora, Inc.'s own proxy. As printed: 18,256,227. Filing ↗machine: r2 · c18 · span 1212336–1212346
95Edwards Lifesciences Corporation, Section 10b CEO totalDEF 14A2026-03-260001099800-26-000015CEO total compensation as printed in Edwards Lifesciences Corporation's own proxy. As printed: 17,454,255. Filing ↗machine: r2 · c27 · span 965441–965451
96Becton, Dickinson and Company, Section 10b CEO totalDEF 14A2025-12-180001628280-25-057846CEO total compensation as printed in Becton, Dickinson and Company's own proxy. As printed: 17,129,140. Filing ↗machine: r2 · c27 · span 1173285–1173295
97Zimmer Biomet Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-010001193125-26-135661CEO total compensation as printed in Zimmer Biomet Holdings, Inc.'s own proxy. As printed: 16,106,550. Filing ↗machine: t111 · r3 · c16 · span 1895785–1895795
98The Cooper Companies, Inc., Section 10b CEO totalDEF 14A2026-02-240001628280-26-011110CEO total compensation as printed in The Cooper Companies, Inc.'s own proxy. As printed: 16,051,141. Filing ↗machine: t120 · r3 · c14 · span 744904–744914
99Hologic, Inc., Section 10b CEO totalDEF 14A2025-01-160001140361-25-001287CEO total compensation as printed in Hologic, Inc.'s own proxy. As printed: 15,819,261. Filing ↗machine: r2 · c25 · span 1549664–1549674
100Charles River Laboratories International, Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037367CEO total compensation as printed in Charles River Laboratories International, Inc.'s own proxy. As printed: 15,435,220. Filing ↗machine: r1 · c53 · span 1119658–1119668
101Agilent Technologies, Inc., Section 10b CEO totalDEF 14A2026-02-060001193125-26-040286CEO total compensation as printed in Agilent Technologies, Inc.'s own proxy. As printed: 12,827,236. Filing ↗machine: r3 · c29 · span 1450982–1450992
102STERIS plc, Section 10b CEO totalDEF 14A2026-06-110001193125-26-267599CEO total compensation as printed in STERIS plc's own proxy. As printed: 11,508,522. Filing ↗machine: t172 · r6 · c34 · span 820590–820600
103Teleflex Incorporated, Section 10b CEO totalDEF 14A2026-04-130000096943-26-000039CEO total compensation as printed in Teleflex Incorporated's own proxy. As printed: 6,732,419. Filing ↗machine: span 558736–558745
104Section 10a, Danaher Corporation reciprocityDEF 14A—0000313616-26-000101Danaher Corporation's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
105Section 10a, Becton, Dickinson and Company reciprocityDEF 14A—0001628280-25-057846Becton, Dickinson and Company's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
106Section 10a, Teleflex Incorporated reciprocityDEF 14A—0000096943-26-000039Teleflex Incorporated's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
107Section 10a, Hologic, Inc. reciprocityDEF 14A—0001140361-25-001287Hologic, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
108Section 10a, Labcorp Holdings Inc. reciprocityDEF 14A—0001193125-26-150752Labcorp Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
109Section 10a, Charles River Laboratories International, Inc. reciprocityDEF 14A—0001104659-26-037367Charles River Laboratories International, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
110Section 10a, The Cooper Companies, Inc. reciprocityDEF 14A—0001628280-26-011110The Cooper Companies, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
111Section 10a, Cardinal Health, Inc. reciprocityDEF 14A—0001308179-26-000402Cardinal Health, Inc. names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
112Section 10a, Molina Healthcare Inc. reciprocityDEF 14A—0001179929-26-000014Molina Healthcare Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
113Section 10a, Agilent Technologies, Inc. reciprocityDEF 14A—0001193125-26-040286Agilent Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
114Section 10a, Align Technology, Inc. reciprocityDEF 14A—0001097149-26-000023Align Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
115Section 10a, STERIS plc reciprocityDEF 14A—0001193125-26-267599STERIS plc's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
116Section 10a, IQVIA Holdings Inc. reciprocityDEF 14A—0001628280-26-012892IQVIA Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
117Section 10a, Merck & Co., Inc. reciprocityDEF 14A—0001193125-26-147704Merck & Co., Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
118Section 10a, Johnson & Johnson reciprocityDEF 14A—0000200406-26-000063Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
119Section 10a, Zimmer Biomet Holdings, Inc. reciprocityDEF 14A—0001193125-26-135661Zimmer Biomet Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
120Section 10a, Edwards Lifesciences Corporation reciprocityDEF 14A—0001099800-26-000015Edwards Lifesciences Corporation's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
121Section 10a, AbbVie Inc. reciprocityDEF 14A—0001104659-26-033387AbbVie Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
122Section 10a, Bristol-Myers Squibb Company reciprocityDEF 14A—0000014272-26-000006Bristol-Myers Squibb Company's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
123Section 10a, Cencora, Inc. reciprocityDEF 14A—0001628280-26-003061Cencora, Inc. names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
124Section 10a, Centene Corporation reciprocityDEF 14A—0001071739-26-000077Centene Corporation names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
125Section 10a, The Cigna Group reciprocityDEF 14A—0001739940-26-000023The Cigna Group names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
126Section 10a, Elevance Health, Inc. reciprocityDEF 14A—0001156039-26-000031Elevance Health, Inc. names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
127Section 10a, HCA Healthcare, Inc. reciprocityDEF 14A—0001193125-26-106142HCA Healthcare, Inc. names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
128Section 10a, Humana Inc. reciprocityDEF 14A—0001104659-26-024799Humana Inc. names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
129Section 10a, International Business Machines Corporation reciprocityDEF 14A—0000051143-26-000025International Business Machines Corporation's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
130Section 10a, McKesson Corporation reciprocityDEF 14A—0000927653-26-000169McKesson Corporation names CVS Health in its own disclosed peer group (read from its most recent proxy). Filing ↗
131Section 10a, Microsoft Corporation reciprocityDEF 14A—0001193125-25-245150Microsoft Corporation's most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗
132Section 10a, Pfizer Inc. reciprocityDEF 14A—0000078003-26-000033Pfizer Inc.'s most recent proxy was read; its disclosed peer group does not include CVS Health. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.