Executive Director, Enterprise Strategic Engagement

CVS Health

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About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. CVS Health is seeking an accomplished Executive Director, Enterprise Strategic Engagement to lead enterprise-level strategies that drive innovation and affordability in healthcare. This role will oversee the evaluation and development of new opportunities to bring low-cost pharmaceutical products and other initiatives to market, delivering meaningful benefits to patients and clients. As the primary enterprise liaison with CVS-affiliated entities, this leader will advise on Trade strategies, strengthen affiliate engagement, and advance market and enterprise intelligence. Success in this role requires exceptional collaboration skills, the ability to build consensus across diverse stakeholders, and a strategic mindset to align initiatives with CVS Caremark’s objectives.

Requirements

• 10+ years of progressive experience in pharmaceutical contracting, trade relations, or formulary management.
• Proven success leading strategic initiatives in healthcare, managed care, or PBM settings.
• Deep knowledge of pharmaceutical market trends, pricing strategies, and regulatory developments.
• Expertise in formulary design, rebate contracting, and cost containment.
• Familiarity with healthcare regulations and payer-provider dynamics.
• Strong business acumen with a track record of executing strategies that deliver measurable results.
• Ability to identify and capitalize on new business opportunities to drive customer value and margin growth.
• Proficiency in analyzing performance metrics and operational data.
• Exceptional leadership skills, including team development, coaching, and performance management.
• Commitment to fostering a culture of continuous improvement, open communication, and employee engagement.
• Excellent interpersonal and communication skills, with experience collaborating across finance, legal, pharmacy services, and medical management.
• Experience implementing scalable processes that ensure organizational alignment and compliance.
• Skilled in managing change and driving strategic adoption across diverse teams.

Responsibilities

• Leads the development of innovative strategies and engagement with CVS affiliated entities, ensuring development that meets Caremark’s objectives and customer priorities.
• Drives operational, functional, and business outcomes with measurable impact on Trade area performance.
• Leverages deep expertise in pharmaceutical contracting and formulary design to guide CVS affiliates in managing drug and medical supply costs effectively.
• Identifies and assesses new business opportunities to enhance customer savings and margin growth.
• Provides strategic counsel to the General Manager on pharmaceutical market dynamics, including emerging therapies, pricing trends, and regulatory developments.
• Designs and implements processes to monitor and maintain alignment between CVS affiliates and Caremark goals.
• Facilitates cross-functional collaboration with internal teams—pharmacy services, finance, legal, and medical management—to ensure strategic initiatives support enterprise objectives.
• Conducts regular performance reviews of key personnel, offering actionable feedback to foster professional growth and skill development.
• Establishes clear performance expectations and cultivates a culture of continuous improvement, transparent communication, and employee engagement.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive