Express Scripts CEO George Paz To Retire In May, Tim Wentworth To Succeed

(RTTNews) - Express Scripts Holding Co. (ESRX) Wednesday said CEO George Paz will retire after the company's annual meeting in May 2016. The company's President Tim Wentworth will take on the role of CEO.

Paz will remain on the Board as non-executive Chairman following his retirement, and Thomas Mac Mahon will continue as Lead Independent Director.

The company had appointed Wentworth as President of Express Scripts in February 2014. He has management responsibility for all aspects of the company's core business, and currently reports directly to Paz.

Prior to his appointment as President, Wentworth served as Senior Vice President and President, Sales and Account Management, with responsibility for Express Scripts' core sales and account management teams.