RI’s CVS and Ørsted Make TIME Magazine’s List of 100 Most Influential Companies

Wednesday, April 28, 2021

 

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Karen Lynch, CEO of CVS

Two Rhode Island companies have made TIME Magazine’s newest list of the 100 Most Influential Companies.

One — once a local retailer and now a healthcare giant; the other, now the owner of Deepwater Wind, the homegrown first-in-America builder of offshore wind.

Beyond these companies, TIME names the NBA, GM, and Hello Sunshine as influential and changing the corporate world.

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TIME writes about the Rhode Island corporate stars:

Ørsted Many energy companies say they plan to transition away from fossil fuels to renewable-energy sources; Ørsted is often held up as an example of a company actually doing it. Founded as the Danish Oil and Natural Gas company in 1973, Ørsted sold off its oil-and-gas assets in 2017 and reoriented itself around renewable energy—particularly offshore wind. The bet paid off, and today Ørsted is the world’s leading offshore wind operator. Perhaps more important, says CEO Mads Nipper, its success in the sector helped drive a global move toward a technology that could prove critical in fighting climate change.

CVS: Pre-pandemic, stopping into CVS was often just another errand on a to-do list. But these days, that trip could be the most anticipated event of the year. The pharmacy chain, led by CEO Karen Lynch, has become one of the top U.S. COVID-19 vaccine administrators, with more than 10 million doses given as of April 1, topping the total number of vaccines given by all but four states as of April 19. Shots are available in nearly 2,000 CVS locations across the country, and the pharmacy has also brought vaccines into long-term-care facilities nationwide.

 

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