CVS Health Corp.'s CEO Salary

CVS Health Corp.'s CEO salary and other executives compensation in 2025 was as follows:

J. David Joyner President and Chief Executive Officer at CVS Health Corp., received a total compensation of $21.21 M in 2025.
Prem S. Shah Executive Vice President and Group President at CVS Health Corp., received a total compensation of $13.38 M in 2025.
Steven H. Nelson Executive Vice President and President, Aetna at CVS Health Corp., received a total compensation of $11.59 M in 2025.
Tilak Mandadi Executive Vice President, Ventures and Chief Experience and Technology Officer at CVS Health Corp., received a total compensation of $10.98 M in 2025.
Brian O. Newman Executive Vice President and Chief Financial Officer at CVS Health Corp., received a total compensation of $9.42 M in 2025.
Thomas F. Cowhey Former Executive Vice President and Chief Financial Officer at CVS Health Corp., received a total compensation of $6.72 M in 2025.

CEO/ Executive salary tells one part of the story. Explore the Org Chart, Employee Count Trend, Revenue per Employee, and Profit per Employee to understand leadership structure, workforce scale, and employee productivity.

J. David Joyner President and Chief Executive Officer

Per Year
Per Month
Per Week
Per Day

J. David Joyner President and Chief Executive Officer, at CVS Health Corp., received $1.50 M in base salary, $14.50 M in stock award, and $453.61 K in other compensation, making $21.21 M in total compensation in 2025.

The total compensation was +19.12% up from the previous year, 2024.

Prem S. Shah Executive Vice President and Group President

Per Year
Per Month
Per Week
Per Day

Prem S. Shah Executive Vice President and Group President, at CVS Health Corp., received $1.10 M in base salary, $7.20 M in stock award, and $266.30 K in other compensation, making $13.38 M in total compensation in 2025.

The total compensation was +0.85% up from the previous year, 2024.

Steven H. Nelson Executive Vice President and President, Aetna

Per Year
Per Month
Per Week
Per Day

Steven H. Nelson Executive Vice President and President, Aetna, at CVS Health Corp., received $1.00 M in base salary, $5.80 M in stock award, and $349.20 K in other compensation, making $11.59 M in total compensation in 2025.

Tilak Mandadi Executive Vice President, Ventures and Chief Experience and Technology Officer

Per Year
Per Month
Per Week
Per Day

Tilak Mandadi Executive Vice President, Ventures and Chief Experience and Technology Officer, at CVS Health Corp., received $1.00 M in base salary, $5.60 M in stock award, and $416.76 K in other compensation, making $10.98 M in total compensation in 2025.

The total compensation was -3.38% down from the previous year, 2024.

Brian O. Newman Executive Vice President and Chief Financial Officer

Per Year
Per Month
Per Week
Per Day

Brian O. Newman Executive Vice President and Chief Financial Officer, at CVS Health Corp., received $696.97 K in base salary, $5.60 M in stock award, and $161.60 K in other compensation, making $9.42 M in total compensation in 2025.

Thomas F. Cowhey Former Executive Vice President and Chief Financial Officer

Per Year
Per Month
Per Week
Per Day

Thomas F. Cowhey Former Executive Vice President and Chief Financial Officer, at CVS Health Corp., received $420.83 K in base salary, $4.40 M in stock award, and $791.24 K in other compensation, making $6.72 M in total compensation in 2025.

The total compensation was -12.16% down from the previous year, 2024.

Executive	2025	2024	2023
J. David Joyner President and Chief Executive Officer	$21.21 M	••••••••	••••••••
Base Salary	$1.50 M	••••••••	••••••••
Incentive Plan Compensation	$4.70 M	••••••••	••••••••
All Other Compensation	$453.61 K	••••••••	••••••••
Stock Award	$14.50 M	••••••••	••••••••
Prem S. Shah Executive Vice President and Group President	$13.38 M	••••••••	••••••••
Base Salary	$1.10 M	••••••••	••••••••
Incentive Plan Compensation	$3.01 M	••••••••	••••••••
All Other Compensation	$266.30 K	••••••••	••••••••
Stock Award	$7.20 M	••••••••	••••••••
Steven H. Nelson Executive Vice President and President, Aetna	$11.59 M	••••••••	••••••••
Base Salary	$1.00 M	••••••••	••••••••
Incentive Plan Compensation	$2.99 M	••••••••	••••••••
All Other Compensation	$349.20 K	••••••••	••••••••
Stock Award	$5.80 M	••••••••	••••••••
Tilak Mandadi Executive Vice President, Ventures and Chief Experience and Technology Officer	$10.98 M	••••••••	••••••••
Base Salary	$1.00 M	••••••••	••••••••
Incentive Plan Compensation	$2.56 M	••••••••	••••••••
All Other Compensation	$416.76 K	••••••••	••••••••
Stock Award	$5.60 M	••••••••	••••••••
Brian O. Newman Executive Vice President and Chief Financial Officer	$9.42 M	••••••••	••••••••
Base Salary	$696.97 K	••••••••	••••••••
Incentive Plan Compensation	$1.56 M	••••••••	••••••••
All Other Compensation	$161.60 K	••••••••	••••••••
Stock Award	$5.60 M	••••••••	••••••••
Thomas F. Cowhey Former Executive Vice President and Chief Financial Officer	$6.72 M	••••••••	••••••••
Base Salary	$420.83 K	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	$791.24 K	••••••••	••••••••
Stock Award	$4.40 M	••••••••	••••••••
Karen S. Lynch Former President and Chief Executive Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Tilak Mandadi Executive Vice President Ventures, and Chief Digital, Data, Analytics and Technology Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Thomas F. Cowhey Executive Vice President and Chief Financial Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Heidi B. Capozzi Executive Vice President and Chief People Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••

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CVS Health Corp.'s CEO Salary

J. David Joyner President and Chief Executive Officer

Prem S. Shah Executive Vice President and Group President

Steven H. Nelson Executive Vice President and President, Aetna

Tilak Mandadi Executive Vice President, Ventures and Chief Experience and Technology Officer

Brian O. Newman Executive Vice President and Chief Financial Officer

Thomas F. Cowhey Former Executive Vice President and Chief Financial Officer

Executive Compensation Summary Table

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