PHAR­MACY BEN­E­FIT MAN­AGE­MENT

Modern Healthcare - - NEWS MAKERS -

Ge­orge Paz,

the long­time head of phar­macy ben­e­fit man­age­ment com­pany Ex­press Scripts, will re­tire

Tim Went­worth, next spring. 55, the com­pany’s pres­i­dent, will be­come the next CEO.

Paz, 60, built Ex­press Scripts into one of the 25 largest cor­po­ra­tions in the coun­try. It is the largest PBM, with $101 bil­lion in an­nual rev­enue. Paz led Ex­press Scripts through one of its big­gest trans­for­ma­tions in 2012 when it bought com­peti­tor Medco Health So­lu­tions for $29 bil­lion. He will of­fi­cially re­tire in May 2016, af­ter the com­pany’s an­nual share­holder meet­ing.

Paz has been with Ex­press Scripts since Jan­uary 1998, when he started as CFO. He took the cor­ner of­fice in Jan­uary 2004.

Paz

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