Executive Director, Retail Pricing

CVS Health • Woonsocket, RI

9d

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. Position Summary: The Executive Director of Retail Pricing is responsible for developing and implementing retail pricing strategies, aligning these with merchandising and promotional strategies, analyzing pricing performance, ensuring regulatory compliance, and leading a 25-colleague pricing organization.

Requirements

• 15+ years of experience in retail merchandising, pricing/promotion strategy, marketing, product/technology, or related leadership roles.
• 10+ years of leadership experience.
• Building high performing teams, succession planning, and engaging and inspiring others.
• Strong analytical and financial acumen.
• Exceptional communication and stakeholder management skills.
• Proven ability to lead through ambiguity and drive change in a complex, matrixed organization.
• Expertise in execution and delivery.
• Adept at business intelligence.
• Adept at collaboration and teamwork.
• Mastery of problem-solving and decision-making skills.
• Mastery of growth mindset (agility and developing yourself and others).

Nice To Haves

• Experience with algorithmic pricing and/or discount strategies.
• MBA or advanced degree preferred.

Responsibilities

• Develops retail pricing strategy, processes and protocols for regular everyday prices including price attributes & architecture, strategic & category guardrails, executing & maintaining item prices in stores & online, and leveraging pricing optimization & implementation tools to deliver customer & business growth objectives.
• Develops business strategies with merchandising and promotional partners to align regular pricing strategies with product category objectives, promotional activities and marketing campaigns.
• Delivers pricing analytics and modeling, leveraging data and insights to drive pricing strategies and identify profitable revenue growth opportunities.
• Facilitates initiatives to analyze pricing performance metrics, evaluate pricing effectiveness, and make data-driven recommendations for improvement.
• Ensures compliance with regulatory requirements by developing and maintaining pricing policies, guidelines, and frameworks to ensure consistency.
• Communicates with cross-functional teams and stakeholders providing reporting and insights resulting from the analysis of market trends, customer insights, and competitive landscape that helps inform pricing decisions.
• Administers guidance and support to pricing leaders and teams, fostering their skills development, engagement, and experienced-based performance.

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
• Number of Employees: 5,001-10,000 employees