CVS Caremark names new SVP government affairs

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Larry Burton as SVP government affairs, effective Feb. 27, bringing more than 30 years of experience in strategy development, public policy and government affairs to the company.

He joins the company from Business Roundtable in Washington, D.C., where he was executive director. In this role, Burton was responsible for developing policy positions and strategies for implementation on matters of priority interest to CEOs in such areas as energy and environment, trade, corporate governance, health care and other major economic issues. Previously, Burton was regional coordinator of the Western Hemisphere (North America) for energy company BP, and had served as the VP U.S. government and international affairs in the company's Washington, D.C., office. In addition, Burton was the special assistant and associate director in the Office of Management and Budget, where he was senior liaison to the U.S. Senate on budget and regulatory matters.

"Larry's strong background in government affairs work, as well as his experience in developing and advocating for critical public policy positions both as a staffer for elected government officials and as a representative of large corporations, make him uniquely qualified to lead our Washington, D.C., office and help shape our positions and perspectives on healthcare policy," stated Helena Foulkes, EVP and chief healthcare strategy and marketing officer of CVS Caremark.

"The CEOs of the Business Roundtable have all benefitted from Larry's insight and leadership on many key issues," added BRT president John Engler. "I have watched and admired his steady approach, and he will be a superb addition to the CVS Caremark team as health care in America continues to undergo major change."