Category: Karen
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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Why Karen Lynch lost the CEO job at CVS
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As head of corner drugstore and health insurance giant CVS, Lynch presided over the largest Fortune 500 organization, measured by sales, of any CEO, and reigned for years as the most powerful woman in American business. In her first two years after being selected for the top job in late…
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CVS to replace CEO Karen Lynch with long-time exec David Joyner
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CVS Health (CVS) on Friday named company veteran David Joyner as its new CEO, succeeding Karen Lynch, who resigned as head of the struggling healthcare giant after an agreement with the board. The company’s shares fell 11% to $57 in pre-market trading. Joyner, who is CVS Caremark’s chief pharmacy benefits…
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Bank admits withholding Sh294 million loan from Tuju’s Karen villas project
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An official at the East African Development Bank has admitted that the bank has not disbursed part of the loan taken by former cabinet secretary Raphael Tuju. Mr David Odongo told Justice Alfred Mabia that the loan deal with Mr Tojo was in two tranches, with $9.1 million to buy…
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Win for Raphael Tuju as court allows him to question bank official in Karen property fight
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The High Court has allowed former Cabinet Secretary Raphael Tuju to question an East African Development Bank official over his disputed loan with the regional lender. In a ruling in favour of Mr Tuju, Justice Alfred Mabia allowed an application to cross-examine Mr David Odongo over a statement he made…