Biography. ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; March 22, 2022 Centene Corporation (NYSE: CNC) announced today that Sarah London, Vice Chairman of Centene, has been appointed Chief Executive Officer, effective immediately, succeeding Michael Neidorff. The Company takes a local approach with local brands and local teams to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The information shown here is a reporting of information included in the company's proxy statement. from 8 AM - 9 PM ET. Centene Corporation and Brent Layton as President and Chief Operating Officer of This report is not for commercial use. The oldest executive at Centene Corp. is RobertDitmore, 86, who is the Presiding Independent Director. She soon moved to Humedica, a data analytics company. "Sarah has infused an innovative mindset across the enterprise in her relentless effort to improve Centene's capabilities to provide the highest quality of care for our members. Gender Female. CENTENE APPOINTS SARAH LONDON AS CHIEF EXECUTIVE OFFICER - Yahoo Finance Ms. London began her healthcare career at Health Leads, a nationally-recognized social enterprise that partners with healthcare organizations to address social determinants of health by connecting patients to the community-based resources needed to support high-quality, cost-effective health outcomes. "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. CENTENE CORP : Change in Directors or Principal - MarketScreener She served next as a partner at Optum Ventures. Health insurer Centene names Sarah London as new CEO 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.". Sign up for enewsletters and alerts to receive breaking news and in-depth coverage of healthcare events and trends, as they happen, right to your inbox. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. 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 . Sarah's mailing address filed with the SEC is 7700, Forsyth Boulevard, Clayton, Saint Louis County, Missouri, 63105, United States . 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 . FORTUNE magazine continuously ranks us as one of America's fastest-growing companies. It has $125 billion in annual revenue, and it ranks 26th in the United States in terms of revenue. Michael Neidorff made it on to this list in 2017 in 17th position. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. Centene CEO Shakes Up Management Team - Forbes 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. Will Others Follow? 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. Centene Vice Chair Sarah London Adds CEO Title - GovCon Wire Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Centene Board of Directors. 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. London is also dedicated to prioritizing wellness for employees, including through enhanced caregiver benefits. Brent Layton, President and Chief Operating Officer of Centene, stated, "Sarah brings a tremendous skillset to the leadership of Centene Corporation, and I'm excited to partner closely with her as Centene begins our journey into the next era of our history. 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. Carla Padilla on LinkedIn: Sarah London | 2022 Most Powerful Women CENTENE IS COMMITTED TO CORPORATE SUSTAINABILITY . Ms. London has spent her career at the forefront of innovation in healthcare. While at Optum Ventures, she oversaw investments in companies such as IDx, a startup that uses artificial intelligence to detect diabetic retinopathy, and Apervita, a health care quality data company. London has been a Centene executive since 2020. Sarah London - Senior Manager, Global Meetings & Events - LinkedIn As Centenes first woman CEO, London has been instrumental in helping the insurer boost earnings and grow its core lines of business. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. Executive Leadership | Centene Corporation She replaces Michael Neidorff, who took a medical leave of absence in February 2022. . "Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial The board of Centene has picked Sarah London an executive with roots in venture capital and talent. 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. Charlotte Ledger. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. "I also want to thank Michael Neidorff, Centene's visionary leader for more than 25 years. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Mar. Centene executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. VP of Advanced Technology & Vice Chairman at Centene. Centene Corporation announced that Sarah London, vice chairman of Centene, has been appointed chief executive officer, effective immediately, succeeding Michael Neidorff. Centene Appoints Sarah London As Chief Executive Officer Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. 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. Insiders trading at Centene Over the last 19 years, insiders at Centene have traded over $220,031,916 worth of Centene stock and bought 89,005 units worth $5,026,837 . Glassdoor gives you an inside look at what it's like to work at Centene, including salaries, reviews, office photos, and more. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. -, 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. Centene elevated to the CEO job Sarah London, the company's vice chairman who has held technology [+] and strategy roles with the health insurer, the company said March 22, 2022. And finally I'll walk through our updated full-year guidance. Chief Financial Officer. By Tony Mecia. Centene.com uses cookies. 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. You may opt-out by. Chief Executive Officer. We have a unique opportunity to empower our members, providers, and their communities in this transformation. Effective with her election as Vice Chairman, Ms. London will have a base salary of $1,250,000 and a target annual cash bonus of 150% of her base salary. But how CEO Sarah London decides to move the company. 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. 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