Thursday, April 4, 2013

Accounting paper (CVS analysis)

Basic Summary

        CVS is a retail corporation that sells prescription drugs and general swop products, including over-the-counter drugs, greeting cards, film and photo-finishing services, beauty products and cosmetics, seasonal trade and convenient foods. It sells these products through retail locations throughout the U.S. and on argument through CVS.com.

Corporate Structure

        CVS has a be on of directors that is responsible for directing and providing superintendence to the trouble of the corporation. They act in the best interest of the shareholders and agreeable with good corporate citizenship practices. The board selects and appoints the top management team, provides lapse for financial reporting and legal compliance, determines governance principles, and implements policies.

        Together, the board and management determine the corporate operating values and code of conduct. They as well are responsible for setting the strategic direction and priorities. The name person is Thomas M. Ryan. He is both the head of the board and the head of executive management. He has been with CVS since 1978.

administrator Officers

Thomas M. Ryan- chair of the maturate, hot seat and CEO

Chris W. Bodine- Executive VP of Merchandising and Marketing

Larry J. Merlo- Executive VP or stores

David B. Rickard- Executive VP, CFO, CAO

V. Michael Ferdinandi- Senior VP of HR, CLO, President of CVS Reality

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Solberg- Senior VP of Finance and Controller

Board of Directors

Thomas M. Ryan- Chairman of the Board, President and CEO

W. Don Cornwell-Chairman of the Board and CEO Granite Broadcasting Corp

Thomas P. Gerrity- Prof. of Management Wharton School of Business

Stanley P. Goldstein- Retired; creatorly Chairman of the Board and CEO of CVS

Marian L. Heard- President and CEO United musical mode Mass. Bay and New England

William H. Joyce- Chairman of the Board and CEO Hercules Corporation

Terry R. Lautenbach- Retired; Former Senior VP International Business Machines

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