George Paz

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]

References

  1. ^ a b c Liss, Samantha (1 May 2016). "George Paz's reign ends after catapulting Express Scripts to No. 1". STLtoday.com. Retrieved 2020-03-05.
  2. ^ a b c d "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. ^ a b "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. ^ a b "Express Scripts CEO George Paz to retire". 9 September 2015. Retrieved 14 November 2017 – via Reuters.
  10. ^ a b 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.