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News Summary: Express Scripts 2012 CEO comp jumps

By The Associated Press
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BIG HIKE: Express Scripts Holding Co. gave Chairman and CEO George Paz a 50 percent increase in total compensation for 2012, according to the St. Louis company’s annual proxy statement, which was filed Thursday.

THE DETAILS: Paz, 57, received compensation valued at $12.8 million. That includes a $3.4 million performance-related bonus and a 10 percent increase in salary to $1.2 million. Express Scripts also gave its leader $8 million in stock and option awards.

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