Connect with us

Hi, what are you looking for?

Business

CVS sexual harassment scandal leads to ouster of execs

Several CVS executives were fired after an internal investigation found they botched the handling of sexual harassment allegations within company ranks, according to a report. Karen Lynch, the CEO of the pharmacy chain, cleaned house after she was made aware of complaints that a New Jersey regional manager was allegedly harassing and inappropriately touching at least two female employees, the Wall Street Journal reported. The incidents have also prompted Lynch to overhaul the company’s sexual harassment policy, according to the Journal. Shares of CVS were trading lower by just under 0.5% as of Friday afternoon. The New Jersey-based manager oversaw hundreds of CVS locations. According to the Journal, Lynch personally oversaw an investigation into allegations against the manager. After the investigation came to a conclusion in January, Lynch ordered his dismissal as well as several of the manager’s superiors. The people fired weren’t named by the publication. Lynch on Friday informed around 450 senior leaders at the company of the decision. She also revealed that CVS would offer its employees a confidential channel through which they can bring complaints of harassment. “We absolutely do not tolerate behavior or actions that are harassing, hostile, abusive or discriminatory,” CVS said in a statement to The Post. “In late 2021 we received an anonymous report alleging misconduct by one of our field management colleagues. “After a thorough investigation conducted with an outside independent firm, we quickly terminated the individual and others have since been exited from the company for failing to treat allegations with the seriousness we expect.” In 2017, a CVS security worker was busted for allegedly taking shoplifters into a back room of the store and convincing them to strip naked rather than get arrested.

Click to comment

Leave a Reply

Your email address will not be published.




Advertisement

You May Also Like

Business

Contact The Author Female employees at CNN are furious that chief spokesperson Allison Gollust is keeping her job after lying about her affair with...

Business

North Korean hackers managed to steal a fortune in cryptocurrency in 2021, according to the results of a recent study. Cybercriminals based in North...

Business

Katie Couric dished on Jeff Zucker and Allison Gollust’s relationship in her tell-all memoir last fall, saying it struck staffers as “super strange” when...

Finance

THE COUNTRIES of East and South-East Asia are renowned, even envied, for reshaping global supply chains. Less well appreciated is the extent to which...