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Express Scripts' CEO Swap: What Wall Street Thinks

Express Scripts Holding Company NASDAQ:ESRX, Rite Aid Corporation NYSE:RAD - Express Scripts' CEO Swap: What Wall Street Thinks

  • Shares of Express Scripts were relatively flat heading into Thursday's afternoon trading session.
  • Analysts at Leerink and Mizuho agree the CEO transition is a bullish sign.
  • 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...


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