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Bloomberg reports that Express Scripts Holding Co. CFO Cathy Smith is leaving the company after just 11 months there. Smith, the story notes, "worked at Wal-Mart for four years and was executive vice president of strategy and CFO for Wal-Mart’s international division.

"During that time, Wal-Mart’s China business appeared strong, though questionable accounting and unauthorized sales practices were taking place, according to employees and internal documents reviewed by Bloomberg.

"Smith has not been implicated in those events. Wal-Mart said last week that the business practices in China had been identified internally, investigated and that changes there had been made."

Express Scripts said that the Walmart situation played no role in Smith's departure. Smith could not be reached for comment.
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