Without limiting the foregoing, forward-looking statements often use words such as "believe," "anticipate," "plan," "expect," "estimate," "intend," "seek," "target," "goal," "may," "will," "would," "could," "should," "can," "continue" and other similar words or expressions (and the negative thereof). "The healthcare landscape is rapidly changing, and Centene's mission to transform the health of our communities one member at a time has never been more relevant. You may also find the annual proxy statement by going directly to the company's website. APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS, (c) Election of Sarah London as Vice Chairman of the Board of Directors of Centenes large size and central role in behavioral care management mean that it could affect what retirement planning clients Medicare plans look like, what the plans will cost, and how both working-age and older clients plans cover mental health care, behavioral health care and other types of care. Compensation Information for , of CENTENE CORP | Salary.com Between June 2021 and January 2022, Centene agreed to settlements with several states on behalf of their subsidiary, Envolve, a pharmacy benefit manager, including Ohio, Mississippi, Illinois, Arkansas, and New Hampshire to resolve allegations of overpayments to the PBM from the states' Medicaid programs. Jobs People Learning Dismiss Dismiss. All forward-looking statements included in this press release are based on information available to us on the date hereof. To no one's great surprise, the pick is Sarah London, formerly vice chair of the Centene board of directors, one-third of their 'value creation office', and part of the Office of the . I'm thrilled to be part of this management team, and I firmly believe in the potential of this Company to continue its remarkable history of accomplishment within the healthcare industry.". . Sarah London was named Centene CEO, taking over from Michael Neidorff, who will remain the company's chairman. Carla Padilla on LinkedIn: Sarah London | 2022 Most Powerful Women . Dismiss . "I also want to thank Michael Neidorff, Centene's visionary leader for more than 25 years. Get ready to start hearing the name "Centene" a lot more around Charlotte. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. March 22 (Reuters) - U.S health insurer Centene Corp CNC.N on Tuesday named Vice Chairman Sarah London as its new chief executive officer, effective immediately. CENTENE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. London takes over a company that is a national player among the biggest names in health insurance, particularly in working with states to manage their Medicaid health insurance for poor Americans and providing individual coverage under the Affordable Care Act. Centene Vice Chair Sarah London Adds CEO Title - GovCon Wire Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Company, and in her management role was responsible for a portfolio of companies independent of Centene's health plans, designing differentiated platform capabilities, and delivering industry-leading products and services to third-party customers. Centene Careers and Employment in US | Indeed.com Sarah London | 2022 Most Powerful Women. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. CENTENE CORP Executive Salaries & Other Compensation | Salary.com Centene focuses on long-term growth and value creation as well as the development of its people, systems, and capabilities so that it can better serve its members, providers, local communities, and government partners. The company will report its 2022 first quarter earnings on April. Centene Corp. extends employment agreements with executives Brent Dont forget you can visit MyAlerts to manage your alerts at any time. cnc-20210907 - SEC In her management role, Ms. London led the Company's technology and digital strategy in addition to running the Health Care Enterprises and Specialty divisions, Corporate Strategy, Quality Operations, Internal Audit, Compliance and Risk Management. Sarah M. London. About Centene | Centene Corporation Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. Centene Corp. CNC (U.S.: NYSE) View All companies AT CLOSE 4:03 PM EST 01/05/23 $77.26 USD -2.20 -2.77% AFTER HOURS 6:24 PM EST 01/05/23 $76.26 -1.00 -1.29% AFTER HOURS Vol 211,456 Volume. London has been a Centene executive since 2020. You may opt-out by. Sarah London, Chief Executive Officer, Centene Corporation Sarah London leads Centene, a diversified enterprise that has grown to become the leading provider of government-sponsored healthcare, with an established expertise serving lower income and medically complex populations. Health insurer Centene names Sarah London as new CEO Ms. London has spent her career at the forefront of innovation in healthcare. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Chief Operating Officer. Prior to Optum Ventures, Ms. London served as Chief Product Officer for Optum Analytics, the business unit responsible for driving strategy and commercialization of Optum's integrated data and analytics solutions into the provider, payer and life sciences markets. Health insurer Centene names Sarah London as new CEO ", "I am honored and humbled to have been selected as the next CEO of Centene and to work alongside extraordinary colleagues to provide quality healthcare to over 26 million Americans," said Ms. London. Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on. Join the conversation . Gender Female. Drew Asher. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Prior to being appointed CEO in 2022, she served as Centenes Vice Chairman, responsible for strategy, technology, pharmacy services, enterprise compliance and quality, as well as for Centenes portfolio of independent, non-health plan companies. All proxy statements are public filings made available to the general public by the SEC. London played Division I tennis at Harvard. "I am delighted that the Board has appointed Sarah as CEO. See reviews, salaries & interviews from Centene employees in MISSING VALUE. Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on. Sarah London, previously appointed President, Health Care Enterprises and Executive Vice President of Advanced Technology, will continue in these roles. Centene vice chairman talks CMS changes, the Alzheimer's - Yahoo! A copy of the press release announcing the events described in Item 5.02 above Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. "I am delighted that the Board has appointed Sarah as CEO. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. "I am honored and humbled to have been selected as the next CEO of Centene and to work alongside extraordinary colleagues to provide quality healthcare to over 26 million Americans," London said in a statement. Author of the article: Reuters . In the biggest economic-development deal in state history, the CEO of health-insurance giant Centene said Wednesday that it will build an East Coast regional headquarters and technology hub on an 80-acre site in the University City area a massive project that he said could . Prior to being appointed Chief Executive Officer in 2022, she served as Centene's Vice Chairman, responsible for strategy, technology, pharmacy. These forward-looking statements reflect our current views with respect to future events and are based on numerous assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, business strategies, operating environments, future developments and other factors we believe appropriate. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Health insurer Centene names Sarah London as new CEO Total Cash Compensationinformation is comprised of yearly Base Pay and Bonuses. All forward-looking statements included in this press release are based on information available to us on the date hereof. Centene, which sells an array of government subsidized health insurance including Obamacare, has been working for much of this year on a permanent successor to Neidorff, who in December announced his plan to retire later this year. She soon moved to Humedica, a data analytics company. Ms. London previously served as the Company's Senior Vice President of Technology Innovation and Modernization, responsible for enterprise-wide technology strategy and execution with a focus on next-generation products and services. Biography. I'm excited by the tremendous opportunity to leverage the size and scale of this Company to create true, sustaining value for our members, state partners, employees and shareholders. She served next as a partner at Optum Ventures. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. Centene MISSING VALUE Office | Glassdoor Centene Corporation and Brent Layton as President and Chief Operating Officer of This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? . Transforming the health of the community, one person at a time. Centene Salaries in Santa Fe, TX | Glassdoor I'm excited by the tremendous opportunity to leverage the size and scale of this Company to create true, sustaining value for our members, state partners, employees and shareholders.". Her strategic thinking, fresh perspective and diverse experience make her the natural leader to harness the potential of Centene, Dallas said. Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Centene Board of Directors. Sarah London | Department of Psychology | The University of Chicago James Dallas, Centenes acting chairman, said the board sees London as a visionary leader. Sarah London - Chief Executive Officer - Centene | ZoomInfo Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/. Centene Corporation, (d) Election of Sarah London as a Member of the Board, ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL JPMorgan Downgrades Centene to Neutral From Overweight, Adjusts Price Target to $90 Fro.. Analyst recommendations: BP, Centene, Experian, Intel, Walgreens.. CENTENE CORP Management's Discussion and Analysis of Financial Condition and Results In particular, these statements include, without limitation, statements about our future operating or financial performance, market opportunity, value creation strategy, competition, expected activities in completed and future acquisitions, including statements about the impact of our recently completed acquisition of Magellan Health (the Magellan Acquisition), other recent and future acquisitions and dispositions, investments and the adequacy of our available cash resources. Centene predicts big losses during Medicaid redeterminations Mari Devereaux Kris Tripplaar/Sipa USA Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination. This is the Centene company profile. London is also dedicated to prioritizing wellness for employees, including through enhanced caregiver benefits. Oil Producers Hand $128 Billionto Investors as Doubts Grow About Future of Fossil Fuels, Your Saturday Briefing: Trumps Comeback Plan, Wall Street Whistles Away, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows, Italys CDP Is Nearing Offer for Telecom Italia Network. London started at Optum as the chief product officer at Optum Analytics. Nov 2013 - Mar 20173 years 5 months. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. As the Uvalde community recovers from a tragic shooting, Superior HealthPlan is developing a new community center to serve as a resource for the region. CENTENE CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Centene appoints new CEO - STLtoday.com ST. LOUIS, March 22, 2022 /PRNewswire/ --Centene Corporation (NYSE: CNC) announced today that Sarah London, Vice Chairman of Centene, has been appointed Chief Executive Officer, effective immediately, succeeding Michael Neidorff. Centene Corporation on LinkedIn: Sarah London | 2022 Most Powerful Her focus has been advancing integrated, value-based care models through the development and application of data-driven insights and technology. HealthCare Enterprises is a portfolio of high growth companies independent of Centene health plans, designing differentiated platform capabilities and delivering industry-leading products and . Centene Salaries (March 2023) - Zippia ST. LOUIS, March 22, 2022 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that Sarah London, Vice Chairman of Centene, has been appointed Chief Executive Officer, effective . Prior to Optum Ventures, Ms. London served as Chief Product Officer for Optum Analytics, the business unit responsible for driving strategy and commercialization of Optum's integrated data and analytics solutions into the provider, payer and life sciences markets. Employees in the top 10 percent can make over $103,000 per year, while employees at the bottom 10 percent earn less than $33,000 per year. Associate Professor . The median estimated compensation for executives at Centene Corporation including base salary and bonus is $235,905, or $113 per hour. CNC Company Profile & Executives - Centene Corp. - Wall Street Journal "Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial Centene salaries: How much does Centene pay? | Indeed.com . Except as may be otherwise required by law, we undertake no obligation to update or revise the forward-looking statements included in this press release, whether as a result of new information, future events or otherwise, afterthe date hereof. Charlotte Ledger. Cision Distribution 888-776-0942 Centene focuses on long-term growth and value creation as well as the development of its people, systems, and capabilities so that it can better serve its members, providers, local communities, and government partners. All content is posted anonymously by employees working at Centene. The average Centene Corporation executive compensation is $233,970 a year. Musk Made a Mess at Twitter. Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. March 23, 2022 at 10:20 AM CENTENE CORP : Change in Directors or Principal - MarketScreener Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. . Centene shuffled its senior management ranks Wednesday, elevating Ken Fasola to become president of the health insurer, reporting to chief executive officer Sarah London. Get alerted any time new stories match your search criteria. In Illinois alone, over the same period, Centene grew from approximately 16,300 members in the Chicago area to nearly 1 million members in every county in the state. Ms. London previously served as Vice President of Client Services & Operations with Humedica, a venture-backed healthcare data and analytics company acquired by Optum in 2013. Ms. London received a Bachelor of Arts in history and literature from Harvard College and a Master of Business Administration from the University of Chicago Booth School of Business. Centene Announces Organizational Enhancements, Establishes - Insider Centene Appoints Sarah London As Chief Executive Officer Object Shot Down Over Canada in Escalating Aerial Drama. Her strategic thinking, fresh perspective and diverse experience make her the natural leader to harness the potential of Centene," said James Dallas, Acting Chairman of Centene. Biography. Subscriber only . Except as may be otherwise required by law, we undertake no obligation to update or revise the forward-looking statements included in this press release, whether as a result of new information, future events or otherwise, after the date hereof. The salaries that employees earn in Centene can be influenced by the department or organization function that they work in. . Centene Names Venture Capital Veteran CEO | ThinkAdvisor Employees in the business development department receive relatively high salaries as well, where wages average $91,494 per year. Centene (@Centene) / Twitter Michael built one of the great success stories in American business, and his commitment to providing affordable, high-quality healthcare to our fellow citizens will remain a bedrock of this Company going forward," said Ms. London. Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, John Malone andCharter Directors Agree to $87.5 Million Settlement, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Between Rounds of Golf, Trumps Searching for the Perfect DeSantis Diss, Your Saturday UK Briefing: Sunak Chalks Up a Win as the Budget Looms, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece. UPDATE 1-Health insurer Centene names Sarah London as new CEO Sarah London - Executive Bio, Work History, and Contacts - Equilar She said about her new role that the health care landscape is changing rapidly. Her strategic thinking, fresh perspective and diverse experience make her the natural leader to harness the potential of Centene," Centenes Acting Chairman, James Dallas said in a statement. Centene was once a regional health insurer. Ms London is 40, she's been the Pres of Health Care Enterprises & Exec. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. In a March 31 regulatory filing, Centene said its board of directors had approved a compensation package for new CEO Sarah London with an annual base salary of $1.4 million and a cash. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. President. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. -, Health Net Providing Special Assistance to Members Affected by Winter Storms, Centene to present at barclays 2023 global healthcare conference, Mizuho Securities Adjusts Centene Price Target to $80 From $92, Maintains Neutral Rating. Sarah London received her BA in Biology and Psychology from Middlebury College and her PhD in Neuroscience from UCLA. Based on our analysis, the employees in engineering earn salaries at Centene that are well above average, with yearly earnings averaging $97,613. Schwaneke will report to Sarah London, President, Health Care Enterprises and Executive Vice President, Advanced Technology, HealthCare Enterprises. Sarah London - Biography - MarketScreener But how CEO Sarah London decides to move the company. Presently, Sarah London is President-Health Care Enterprises at Centene Corp. London has spent her career at the forefront of innovation . Centene Corporation Executive Salaries | Comparably Sarah's mailing address filed with the SEC is 7700, Forsyth Boulevard, Clayton, Saint Louis County, Missouri, 63105, United States. Between 2011 and 2020, Centene grew from 1.8M members in 12 states to 25.5M members nationwide. CENTENE APPOINTS SARAH LONDON AS CHIEF EXECUTIVE OFFICER - PR Newswire