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CVS Health Appoints New Chief Strategy Officer

Analysis  |  By Melanie Blackman  
   June 22, 2022

Violetta Ostafin will assume her new role as executive vice president and chief strategy officer on July 11.

CVS Health recently announced that it has chosen a new executive vice president and chief strategy officer.

Violetta Ostafin will lead the organization's core business strategy development, as well as identify new market opportunities and product innovations, with a focus on accelerating growth to further the company's vision to provide greater quality, simplicity, and choice for consumers.

Ostafin will join CVS Health and assumer her role on July 11.

"Violetta’s deep health care experience has been focused on bold innovation and finding new sources of growth, two priorities for CVS Health," CVS Health resident and CEO, Karen S. Lynch, said in a statement. "Her accomplishments are driven by a passion for improving how consumers experience health care, which aligns with our goals and values."

In her previous role, Ostafin served as global chief operation officer, health solutions, for Aon, plc, a global professional services firm. Prior to that she served as CEO of Aon's Latin America Health Solutions business.

In the past she also worked as a managing director and partner at Boston Consulting Group, to advise companies, both in the U.S. and globally, on large-scale change, strategic growth, and expansion.

"CVS Health has the assets and strategy to meaningfully change how care is delivered," Ostafin said in a statement. "It’s such an exciting time to join a company that has redefined itself through a consumer-centric lens."

This announcement follows CVS Health's additional leadership appointments announced in May. The organization's previous SVP, cross-enterprise strategic innovation, Sheryl Burke, was named the company's SVP of corporate social responsibility.

Sree Chaguturu, MD, who previously served as chief medical officer for CVS Caremark, now serves as EVP and chief medical officer for CVS Health.

Related: CVS Health's Intersection Strategies for Tech and Mental Health

Related: CVS Health Launches Virtual Primary Care Service

Melanie Blackman is a contributing editor for strategy, marketing, and human resources at HealthLeaders, an HCPro brand.

Photo credit: Northbrook - Circa June 2019: CVS Health location. CVS Health is a retail pharmacy and pharmacy benefit manager III / Jonathan Weiss / Shutterstock.com

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