Shares of Express Scripts were trading higher by 0.60 percent just before noon on Thursday following the company's announcement the day prior that its CEO George Paz will retire next May and will be replaced by Tim Wentworth, its current president.
Leerink: Wentworth ‘Well Qualified' To Lead
David Larsen of Leerink commented in a note that Paz was "invaluable" to Express Scripts' growth over the past decade and was a "key figure" in the company's acquisition of Medco Health Solutions. Nevertheless, a leadership change is a "positive" for the company, as management needs to...