Edward DeVaney

Collaborator
DISC Type : is

President at CVS Caremark

Waxhaw, North Carolina, United States

Overview

Ed DeVaney is the President of CVS Caremark, leveraging over 25 years of experience in pharmacy benefit management. His career includes leadership in sales and account management, focusing on enhancing partnerships. He earned an MBA from Wake Forest University and is described as thorough and creative.

Originally from a close-knit, competitive family in Chicago, Ed is married with three children. He is passionate about supporting children with terminal illnesses, serving as a board member for A Kid Again. He has also shared his personal story of being a family caregiver for his mother.

He is a dedicated advocate for family caregivers, openly sharing his experience caring for his mother who had Alzheimers and dementia.

Personality Overview

Consensus Builder

Example Driven

Appreciative

Win-win scenarios can appeal strongly to them.  Unlike D or C types, they are calm as well as friendly and can give the impression of being more receptive than they actually are. They are more likely to go for proven solutions.

Topics They Care About

Drug Affordability
His public statements and role focus on negotiating with manufacturers and increasing pricing transparency to make prescriptions more accessible and affordable for millions of members.
Family Caregiving
He shared his deeply personal story on a podcast about the challenges of caring for his mother with Alzheimer's while balancing his career and young family.
Supporting Children
He serves as a board member for 'A Kid Again, ' a non-profit organization that provides positive experiences and outings for children facing terminal illnesses and their families.

Media Appearances

Ed DeVaney named President of CVS Caremark. Featured in CVS Health

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CVS Caremark names Ed DeVaney as president. Featured in Modern Healthcare

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Ed DeVaney – CVS Health Leadership Profile. Featured in CVS Health – Leadership Page

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Work History

2-2025
President at CVS Caremark
1-2024
President, Employer and Health Plans Division at CVS Caremark
12-2024 - 2-2025
Interim President at CVS Caremark
2-2020
Member Of The Board Of Advisors at RadixBay
8-2022 - 1-2024
Senior Vice President Employer Sales, Account Management and Clinical at CVS Health

Education

2015 - 2017
Master of Business Administration (MBA) from Wake Forest University Graduate School
2016 - 2016
Strategic Influence from The Wharton School

More Information

Social Presence :

Prographics :

Exp : 14 Location : Waxhaw, North Carolina, United States Job Level : N/A Designation : President at CVS Caremark
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Insights For Selling To Edward

During A Call Or A Meeting

DO's

  • Be visibly appreciative of their actions during your interactions
  • Summarize the key points at the end of the conversation
  • Show them how they look good by making this decision

DONT's

  • Don’t ask too many questions that sound too dry and objective
  • Don’t push them to make decisions very fast, let them take their time
  • Don’t get into excessive details unless prompted

When Cold Calling

When Writing An Email

While Negotiating & Closing

    The secret to closing fast with Edward is

  • Relationship and rapport play a major role, followed by low risk and the presence of proof points.
  • Will you ever get a clear answer from Edward

  • They are diplomatic when the need arises; they hardly ever say a direct no.

Insights For Deal Planning

    How fast (or slow) will Edward move?

  • They can take their time to reach decisions, even while they stay engaged and friendly.
  • Can Edward take some risk or not?

  • They are unlikely to take many risks.

You And Edward

Personality Compatibility


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