Express Scripts, the country's largest pharmacy benefit manager, on Tuesday said Eric Slusser, its executive vice president and chief financial officer, is leaving the company to "pursue other opportunities."
James Havel, who currently serves as the company's executive vice president, will take Slusser's place immediately, according to Express Scripts. Slusser will stay on through the first quarter of 2018 to ensure a seamless transition, the company said.
Havel joined Express Scripts in January 2015 and served as the interim CFO until September 2015. Before joining Express Scripts, he was CFO of Major Brands Holdings, a privately held beverage distributor.
Meanwhile, Express Scripts announced its third-quarter financial results late Tuesday. The company, which recently lost its biggest client—health insurer Anthem—recorded revenue of $24.7 billion in the three months ended Sept. 30, a 2.9% increase compared with the same period last year. Net income totaled $845 million in the quarter, up 16% year over year.
Anthem's contract with Express Scripts ends on Dec. 31, 2019. Anthem said it is launching its own PBM called IngenioRx to begin serving Anthem clients and non-Anthem customers in 2020.
Anthem's business made up about 19% of Express Scripts' third-quarter revenue.
