CVS Health Corporation Formerly CVS Corporation CVS Caremark Corporation Type Public Industry · Retail · health care Predecessor Melville Corporation (1922–1996) Founded 1996; 22 years ago in Woonsocket, Rhode Island , U.S. Headquarters Woonsocket, Rhode Island, U.S. Area served United States Key people · David W. Dorman (Non-Executive Chairman ) · Larry Merlo ( President and CEO ) Revenue US$ 184.765 billion (2017) Operating income US$9.517 billion (2017) Net income US$6.622 billion (2017) Total assets US$95.131 billion (2017) ...