Actionable news
0
All posts from Actionable news
Actionable news in CVS: CVS HEALTH CORPORATION,

Notice of exempt solicitation

Shareholder Rebuttal to CVS Health Corp. Opposition Statement

Regarding Congruency between Political Contributions and Company Values

U.S. Securities and Exchange Commission, Washington DC 20549

NAME OF REGISTRANT: CVS Health Corporation

NAME OF PERSON RELYING ON EXEMPTION: NorthStar Asset Management, Inc. Funded Pension Plan

ADDRESS OF PERSON RELYING ON EXEMPTION: 2 Harris Avenue, Boston MA 02130

Written materials are submitted pursuant to Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934.*

*Submission is not required of this filer under the terms of the Rule, but is made voluntarily in the interest of public disclosure and consideration of these important issues.

CVS Shareowners are encouraged to vote FOR resolution #4:

Resolved: Shareholders request that the Board of Directors report to shareholders annually at reasonable expense, excluding confidential information, a congruency analysis between corporate values as defined by CVS’s stated policies (including our Environmental Commitment Statement and our employment policy on Equal Opportunity) and Company and CVS EPAC political and electioneering contributions, including a list of any such contributions occurring during the prior year which raise an issue of misalignment with corporate values, and stating the justification for such exceptions.

In its opposition statement, CVS Health states that “we work with federal and state policymakers to ensure that people get the right care, at the right time and in the right setting, reflecting our Company’s purpose of helping people on their path to better health.” However it is the opinion of the Proponent that the CVS Health Political Action Committee (“CVS EPAC”) has, in fact, supported political candidates and organizations which have actively worked against access to healthcare and regulation of tobacco.

Despite engagement with the Proponent, in which the Proponent made the Company aware of contributions which may be undermining the Company’s own stated goals and business objectives, the CVS EPAC has continued to make contributions that have the ability (in the opinion of the Proponent) to damage Company brand name and are opposed to the Company’s business interests.

This is not a solicitation of authority to vote your proxy. Please DO NOT send us your proxy card; the Proponent is not able to vote your proxies, nor does this communication contemplate such an event. The proponent urges shareholders to vote YES on item number 4 following the instruction provided on the management’s proxy mailing.

The CVS EPAC has made political contributions to...


More