CVS Health deals with changes in its leaders during money problems.

CVS Health had lower profits in the third quarter but higher sales. The company also changed leadership after a difficult year with falling stock prices.

New CEO David Joyner appointed Steve Nelson to lead Aetna, the company's health insurance division. Prem Shah will lead CVS Caremark, CVS Pharmacy, and Health Care Delivery.

CVS Health's insurance business has been struggling, and Nelson is expected to bring needed change. Analysts are hopeful about the leadership changes but believe improvements will take time.

The company's earnings were lower than expected due to restructuring costs, but revenue was higher than predicted. CVS Health has lowered its financial forecast three times this year due to rising costs in Medicare Advantage plans.

CVS Health has faced criticism from shareholders for its performance and is taking steps to cut costs, including closing stores and reducing its workforce. Despite the challenges, the company's stock price rose significantly after the election.