CVS Health President and CEO David Joyner earned $21.2 million in total compensation in 2025, according to the company’s annual proxy statement filed April 3.
CVS’ highest-paid executives in 2025:
1. David Joyner, president and CEO
Salary: $1,500,000
Stock awards: $14,499,931
Non-equity incentive plan compensation: $4,695,900
Other compensation: $453,609
Total: $21,214,084
2. Prem Shah, EVP and group president
Salary: $1,100,000
Stock awards: $7,199,920
Option awards: $1,799,993
Non-equity incentive plan compensation: $3,013,000
Other compensation: $266,297
Total: $13,379,210
3. Steve Nelson, EVP and Aetna president
Salary: $1,000,000
Stock awards: $5,799,915
Option awards: $1,449,994
Non-equity incentive plan compensation: $2,988,000
Other compensation: $349,201
Total: $11,587,110
4. Tilak Mandadi, EVP, Ventures and Chief Experience and Technology Officer
Salary: $1,000,000
Stock awards: $5,599,965
Option awards: $1,399,996
Non-equity incentive plan compensation: $2,561,000
Other compensation: $416,755
Total: $10,977,716
5. Brian Newman, EVP and CFO
Salary: $696,970
Stock awards: $5,599,950
Option awards: $1,399,989
Non-equity incentive plan compensation: $1,562,000
Other compensation: $161,599
Total: $9,420,508
6. Thomas Cowhey, Former EVP and CFO
Salary: $420,833
Stock awards: $4,399,978
Option awards: $1,099,995
Other compensation: $791,235
Total: $6,715,138
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
