CVS Health Top-Tier Executives Average Pay Raise Was 13.1% Per Year During the Past 10 Years (2009-2018). It Appears That CVS Health and Its Board of Directors Are Into Grade Inflation Especially Since CVS Health's Top-Tier Executive Group Received a Pay Raise of 107% in 2018, a Year in Which CVS Audited Pretax Earnings Declined By 83% From 2017. Grade Inflation in the Performance of Top Level Executives Results in Annual Pay Raise Income Inequality Expansion.

From Company Proxy Statement filings with the SEC, below are CVS Health's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

CVS Health's Top-Tier Executives Average Annual Pay Raise of 13.1% per year over the past 10 years is the 5th highest of the nine largest Retail Companies I have researched and made similar posts on:

1. Amazon +659.0% per year for past ten years
2. McDonald's +30.7% per year for past ten years
3. Walgreens Boots Alliance +22.2% per year for past ten years
4. Starbucks +16.4% per year for past ten years
5. CVS Health +13.1% per year for the past ten years
6. Costco +7.1% per year for past ten years
7. Home Depot +6.5% per year for past ten years
8. Walmart +5.8% per year for past ten years
9. Lowe's Companies +4.2% per year for past ten years

To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.

Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive. 

I have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies and for 22 of the largest Non-Dow Technology Companies.  

I am now turning my attention to large Non-Dow, Non-Technology Companies and I have started with the US Retailers.  

My objective is to get an even better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
CVS Health	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Larry Merlo CEO	21,939	12,253		12,253	18,359		18,359	28,943		28,943	32,351		32,351	31,330
Eva Boratto CFO	N/A	N/A
Jonathon Roberts COO	16,067	6,883		6,883	8,631		8,631	7,741		7,741	7,686		7,686	8,061
Derica Rice President CVS Caremark	N/A	N/A
Thomas Moriarity General Counsel	10,984	4,513		4,513	4,951		4,951	5,924		5,924	5,416		N/A	N/A
David Denton Former CFO	N/A	N/A		4,378	5,549		5,549	6,961		6,961	14,685		14,685	8,729
Helena Foulkes President CVS Pharmacy				4,119	5,162		5,162	6,065		6,065	6,064		N/A	N/A
Totals	48,990	23,649		32,146	42,652		42,652	55,634		55,634	66,202		54,722	48,120
Annual % Change vs Prior Year	107.2%			-24.6%			-23.3%			-16.0%			13.7%
5 Year Average Per Year % Change		11.4%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
CVS Health	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Larry Merlo CEO	31,330	20,330		20,330	14,075		14,075	10,907		10,907	9,180		9,180	13,044
Jonathon Roberts COO	8,061	7,863		N/A	N/A
David Denton Former CFO	8,729	6,062		6,062	4,561		4,561	3,367		N/A	N/A
Helena Foulkes President CVS Pharmacy
Troyen Brennan Chief Medical Officer	N/A	N/A
Mark Cosby Former President CVS Pharmacy	8,650	5,887		N/A	N/A
Per G.H. Lofberg CVSCaremarkPharmacySvcs				7,890	7,063		7,063	15,642		N/A	N/A
Douglas Sgarro Chief Legal Officer							5,556	4,944		4,944	4,974		4,974	4,746
Thomas Ryan Former CEO							N/A	N/A		29,217	30,429		30,429	23,916
David Rickard CFO													6,634	5,396
Howard McLure Pres CaremarkPharmacySvcs													N/A	N/A
Totals	56,770	40,142		34,282	25,699		31,255	34,860		45,068	44,583		51,217	47,102
Annual % Change	41.4%			33.4%			-10.3%			1.1%			8.7%
5 Year Average Per Year % Change		14.9%
10 Year Average Per Year % Change		13.1%