EXPRESS SCRIPTS HOLDING COMPANY (NASDAQ:ESRX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On June 20, 2017, Express Scripts Holding Company (the “Company”) announced that Bradley E. Phillips, age 47, is expected to join the Company effective July 3, 2017 as Vice President, Controller and Chief Accounting Officer and as the Company’s principal accounting officer within the meaning of the rules of the Securities and Exchange Commission.
Mr. Phillips previously held domestic and international accounting and finance roles over a 20-year financial career with Peabody Energy, a company engaged in the mining, sale, trading and distribution of coal. Most recently, he served as Senior Vice President and Chief Accounting Officer from September 2015 to June 2017, with executive responsibility for financial reporting, corporate accounting, internal audit and tax functions. Mr. Phillips served as Senior Vice President of Finance and Administration for the both the Americas and Australia business units from March 2012 to September 2015, and prior to that had responsibility for the integration of a major acquisition in Australia and global capital and financial planning functions. Prior to joining Peabody Energy in April 1996, Mr. Phillips served as a Senior Accountant with KPMG. Mr. Phillips is a certified public accountant and certified management accountant.
Upon commencement of employment, Mr. Phillips will receive a customary compensation package consisting of an annual salary commensurate with his duties, an opportunity to earn an annual bonus to the Company’s annual bonus plan, and an opportunity to participate in the Company’s annual equity award program and the Company’s Executive Deferred Compensation Plan. Mr. Phillips will also receive a one-time long term incentive grant of restricted stock units and a one-time sign-on cash bonus. Mr. Phillips is required to execute the Company’s standard non-disclosure and non-competition agreement, intellectual property assignment agreement, and form indemnification agreement with executive officers prior to the commencement of employment.
