George Paz

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George Paz (died October 23, 2022, age 67) was the chairman, and former CEO, of Express Scripts, a Fortune 100 company, and the largest pharmacy benefit management (PBM) organization in the US.

Career

Paz, the grandson of Mexican immigrants, studied accounting at the University of Missouri - St. Louis and was a certified public accountant. [1]

From 1993 to 1995, Paz was executive vice president and chief financial officer for Life Partners Group. [2] [3] Paz joined Express Scripts in January 1998 as chief financial officer when the company had annual revenue of about $1.2 billion. [1] [4] In April 2005, Paz was named CEO of Express Scripts and the company had revenue of $15 billion. [5] [1] In 2008, Paz joined the board of directors of Honeywell, Inc. [2] [6]

In 2012, Paz was appointed to a three-year term on the board of directors of the Federal Reserve Bank of St. Louis. [2] In December 2014, Paz was named chairman of the board of directors at the bank. [7]

In September 2015, Express Scripts announced that Paz would retire in May 2016 and become non-executive chairman. [5] [8] [9] [10] He was succeeded as CEO by Tim Wentworth, who was previously president of the company. [9] [10]

In February 2016, Paz was appointed to the board of directors of Prudential Financial. [2] [11]

Paz died on October 23, 2022. [12]

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References

  1. 1 2 3 Liss, Samantha (1 May 2016). "George Paz's reign ends after catapulting Express Scripts to No. 1". STLtoday.com. Retrieved 2020-03-05.
  2. 1 2 3 4 "Prudential Financial appoints three new members to its board | Careers | POST Online Media". www.poandpo.com. Retrieved 2020-03-05.
  3. "Paz succeeds Hill as president of Express Scripts". www.bizjournals.com. 2 October 2003. Retrieved 2020-03-05.
  4. "Phenomenal Leadership: George Paz". Latino Leaders Magazine. Retrieved 2020-03-05.
  5. 1 2 "Express Scripts CEO George Paz to retire". Reuters. 2015-09-09. Retrieved 2020-03-05.
  6. "Express Scripts CEO joins Honeywell board". St. Louis Business Journal. 15 December 2018.
  7. "George Paz named chairman of St. Louis Fed board". STLtoday.com. Retrieved 2020-03-05.
  8. "Executive Profile* George Paz". Bloomberg. Retrieved 30 July 2015.
  9. 1 2 "Express Scripts CEO George Paz to retire". 9 September 2015. Retrieved 14 November 2017 via Reuters.
  10. 1 2 Stynes, Tess (9 September 2015). "Express Scripts CEO George Paz Plans to Retire" . Retrieved 14 November 2017 via www.wsj.com.
  11. Rizvic, Veneta (11 February 2016). "Steve's Hot Dogs coming to The Pageant - 5 things you don't need to know but might want to". St. Louis Business Journal.
  12. Drew, James (25 October 2022). "George Paz, former CEO of Express Scripts and civic leader, dead at 67". St. Louis Business Journal. Retrieved 27 October 2022.