COVID Stimulus Watch Individual Entry

Recipient Company:
CVS Health Corp
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol CVS)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:

Parent Company Data

Parent Company: CVS Health
Headquartered in: Rhode Island
Parent Sector: retailing
Parent Industry: retail-pharmacies
Employees (prior to pandemic): 290,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $100,794,503
Contracting icon
Government-contracting-related Penalties: $247,864,230
Environment icon
Environmental / Healthcare / Safety Penalties: $297,164,826
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $94,672,555
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 790 to 1
CEO Compensation: $36,466,470
Worker Median Pay: $46,140
Tax icon
Total Federal, State, and Local Subsidies: $176,663,665
Federal Corporate Income Tax Rate: 21.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources