CVS Caremark reports that
Mark Cosby will step down as president of CVS/pharmacy effective
Dec. 31, 2013. As retail president, he has led the company since
October 2011 with responsibility for all aspects of the company's Retail business including its more than 7,600 retail stores, 19 distribution centers and retail merchandising, supply chain, marketing, real estate, front store and pharmacy operations.
"Mark is an outstanding operator and retailer who has brought many positive changes to the organization in the short time that he has been with CVS/pharmacy," said Larry Merlo, president and CEO of CVS Caremark. "I greatly appreciate his contributions to our retail operations and wish him the best of luck in his future endeavors."