314577
CVS's Landmark Decision to Stop Tobacco Sales: Rationale, Preparation for Implementation, and Current Experience
Hear from Eileen Howard Boone, SVP of Corporate Social Responsibility and Philanthropy at CVS Caremark, who had a seat at the planning table for this major initiative. Eileen will discuss why the company made this decision, despite the estimated $2 Billion loss the company would take by exiting this category. She will also discuss the communications strategy behind the “CVS Quits” initiative, and how this announcement reignited the conversation around smoking in the United States, and had everyone from the President of the United States to the heads of the American Public Health Association, American Lung, American Cancer and American Heart Associations applauding this move. Finally, she’ll explain the company’s plan to continue helping people lead tobacco free lives with the launch of a new cessation program this Fall.
Learning Areas:
Public health or related public policyLearning Objectives:
Identify benefits of no tobacco sales in pharmacies;
Define the health risks of smoking that CVS Caremark identified as the driving force behind their decision to stop selling tobacco products; and
Analyze the pros and cons that this decision had on CVS Caremark as a business and as a health care provider.
Qualified on the content I am responsible for because: Eileen received her MBA from Fordham University in marketing and finance. As Senior Vice President of Corporate Social Responsibility and Philanthropy at CVS Caremark she participated in development and implementation of the policy decisions discussed in this session. Eileen served as keynote speaker at the 2014 PR News CSR Awards Luncheon, and as a panelist for UMass Boston Center for Collaborative Leadership Forum, the Massachusetts Conference for Women, and the Fordham Women in Business Conference.
Any relevant financial relationships? Yes
Name of Organization | Clinical/Research Area | Type of relationship |
---|---|---|
CVS Caremark | Social Responsibility & Philanthropy | Employment (includes retainer) |
I agree to comply with the American Public Health Association Conflict of Interest and Commercial Support Guidelines, and to disclose to the participants any off-label or experimental uses of a commercial product or service discussed in my presentation.