George Paz (1955 – October 23, 2022)
was the chairman, and former CEO, of
Express Scripts
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the Unit ...
,
a
Fortune 100
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along w ...
company, and the largest pharmacy benefit management (PBM) organization in the US.
Career
Paz, the grandson of Mexican immigrants, earned a bachelor's degree in business administration and accounting at the
University of Missouri - St. Louis in 1982
and was a certified public accountant.
Before working at Express Scripts, Paz was a partner with
Coopers & Lybrand
PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom.
It is the second-largest professional services network in the world and is one of the Big Four accounting firms, along ...
(today known as
PwC
PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom.
It is the second-largest professional services network in the world and is one of the Big Fo ...
) accounting firm.
From 1993 to 1995, Paz was executive vice president and chief financial officer for Life Partners Group.
Paz joined Express Scripts in January 1998 as chief financial officer when the company had annual revenue of about $1.2 billion.
In April 2005, Paz was named CEO of Express Scripts and the company had revenue of $15 billion.
In 2008, Paz joined the board of directors of
Honeywell, Inc.
From July 2009 to June 2019, he served as a trustee at
Washington University in St. Louis
Washington University in St. Louis (WashU) is a private research university in St. Louis, Missouri, United States. Founded in 1853 by a group of civic leaders and named for George Washington, the university spans 355 acres across its Danforth ...
.
He also served as a trustee at
Saint Louis University
Saint Louis University (SLU) is a private university, private Society of Jesus, Jesuit research university in St. Louis, Missouri, United States. Founded in 1818 by Louis William Valentine DuBourg, it is the oldest university west of the Missi ...
and was former president of Civic Progress.
In 2012, Paz was appointed to a three-year term on the board of directors of the
Federal Reserve Bank of St. Louis
The Federal Reserve Bank of St. Louis is one of 12 Federal Reserve System, regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main ...
.
In December 2014, Paz was named chairman of the board of directors at the bank.
In September 2015, Express Scripts announced that Paz would retire in May 2016 and become non-executive chairman.
He was succeeded as CEO by
Tim Wentworth
Timothy C. Wentworth (born 1959/1960) is an American businessman and CEO of pharmacy operator Walgreens Boots Alliance. He is a former CEO of Evernorth, Cigna's health services platform and a former CEO of Express Scripts, the United States' larg ...
, who was previously president of the company.
In February 2016, Paz was appointed to the board of directors of
Prudential Financial
Prudential Financial, Inc. is an American financial services company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both Investor#Retail_investor, retail and institutional cus ...
.
Paz died on October 23, 2022.
References
{{DEFAULTSORT:Paz, George
American chief executives
1955 births
Place of birth missing
2022 deaths
Coopers and Lybrand people
Saint Louis University people
Prudential Financial people
University of Missouri–St. Louis alumni
Washington University in St. Louis trustees