However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. ", This is a BETA experience. Biography. Total Cash Compensationinformation is comprised of yearly Base Pay and Bonuses. We have a unique opportunity to empower our members, providers, and their communities in this transformation. from 8 AM - 9 PM ET. Executive Leadership | Centene Corporation Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Jan 3, 2023 09:43pm. All forward-looking statements included in this press release are based on information available to us on the date hereof. Sarah London - Crunchbase Person Profile The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. St. L. Link Centene website Since our founding as a single healthcare plan in 1984, Centene is focused on improving the health of the communities we serve. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. London, who has been vice chairman of Centenes board, has led the companys technology and digital strategy while also running the health insurers health care enterprises and specialty divisions, corporate strategy, quality operations, internal audit, compliance and risk management, the company said. Michael Neidorff made it on to this list in 2017 in 17th position. Her strategic thinking, fresh perspective and diverse experience make her the natural leader to harness the potential of Centene, Dallas said. Centene Promotes Tech And Healthcare Strategist Sarah London - Forbes . Cigna fell less than 0.3% to close at $234.02, giving. I have been consistently impressed by Sarahs passion to serve our members, who are often the most vulnerable amongst us.. New SEC Custody Rule Would Scare Away Qualified Custodians: Lawyer, Why Secure 2.0s RMD Delay Matters Even More Than Many Think, Long COVID Correlates With High Mortality: Health Insurer, Antitrust Suit Challenging Schwab-TD Ameritrade Deal Can Proceed, Judge Rules, When Medicare Enrollees Return to Work: A Medicare Customer Q&A, How to Attract the Best, Most Overlooked Clients, Divorce Looks Like Forced Early Retirement for Many Wealthy Women, Advisor Says, Advisor Speaks Out on Industry's Treatment of Women. Centene appoints venture capital veteran as new CEO - Charlotte Region 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 appoints new CEO - STLtoday.com APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS, (c) Election of Sarah London as Vice Chairman of the Board of Directors of 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. 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. UPDATE 1-Health insurer Centene names Sarah London as new CEO Health insurer Centene names Sarah London as new CEO . $110k $170k $233k $375k Ms. London has spent her career at the intersection of health data, technology, and the transformation of value-based care for vulnerable Americans with the greatest needs. Neidorff, who is 79 years old and has been Centenes CEO since 1996, also took on a new role as executive chairman until the end of 2022, the company announced in December. Coronavirus Tips Working and Protection. Get ready to start hearing the name "Centene" a lot more around Charlotte. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CENTENE TO PRESENT AT BARCLAYS 2023 GLOBAL HEALTHCARE CONFERENCE, Centene Addresses Social Isolation in Schools with National No One Eats Alone Day. Sarah London | 2022 Most Powerful Women. 831 salaries for 310 jobs at Centene in Santa Fe, TX. Sarah London 67% approve of Sarah London's performance Founded 1984 Company size more than 10,000 Revenue more than $10B (USD) Industry Healthcare Insurance Headquarters 7700 Forsyth Blvd. By Tony Mecia. 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. 22, 2022 4:57 PM ET Centene Corporation (CNC) By: Dania Nadeem, SA News Editor 4 Comments. The local approach has been a pillar of our strategy since the - CNBC Presently, Sarah London is President-Health Care Enterprises at Centene Corp. Delayed Nyse We have a unique opportunity to empower our members, providers, and their communities in this transformation. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Gender Female. This report is not for commercial use. Sarah M London, Centene Corp: Profile and Biography 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. Magna Cum Laude in History & Literature from Harvard College, where she played Division I tennis. Sarah's mailing address filed with the SEC is 7700, Forsyth Boulevard, Clayton, Saint Louis County, Missouri, 63105, United States. Since then Sarah has changed 3 companies and 3 roles. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. "I am delighted that the Board has appointed Sarah as CEO. And for those of us who are survivors of US health plans, top payer Centene, after 25 years of one man at the top, now has a new CEO, effective immediately. "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. Employees in the business development department receive relatively high salaries as well, where wages average $91,494 per year. Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. . Magna Cum Laude in History & Literature from Harvard College, where she played Division I tennis. Sarah London - Executive Bio, Work History, and Contacts - Equilar Centene Corporation and Brent Layton as President and Chief Operating Officer of Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. . Will His AI Plans Be Any Different? 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. CENTENE CORP Executive Salaries & Other Compensation | Salary.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 Centene Corporation Executive Salaries | Comparably 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. Working at Centene | Glassdoor CNC Company Profile & Executives - Centene Corp. - The Wall Street Journal "I also want to thank Michael Neidorff, Centene's visionary leader for more than 25 years. She said about her new role that the health care landscape is changing rapidly. Biography. London, who became. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Neidorff . Centene taps London to succeed Michael Neidorff as CEO London succeeds Michael Neidorff, who went on medical leave late last month, the company said. 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. 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. As at CENTENE CORP, made $0 in total compensation. ", Drew Asher, Centene's Chief Financial Officer, said, "Sarah brings a modern vision to the helm of one of this country's most important healthcare companies. All proxy statements are public filings made available to the general public by the SEC. Since her appointment to lead the company in 2022, she has focused on developing a culture of transformation, implementing artificial intelligence and machine learning solutions to better improve health and quality of life for Centenes members. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/. Public salaries . In announcing the 41-year-old Londons elevation to Centenes top job, the company described her as at the forefront of innovation in healthcare . Mar. Effective September 7, 2021, the Board of Directors (the "Board") of Centene Corporation (the "Company") elected Sarah M. London as Vice Chairman of the Board of Directors of Centene Corporation and Brent D. Layton as the Company's President and Chief Operating Officer. Centene fell about 1.4% to close at $75.34 in New York on Wednesday, giving the St. Louis-based company a market value of about $44 billion. Centene ( NYSE: CNC) said it had appointed Sarah London to succeed Michael Neidorff as the Chief . James Dallas, Centenes acting chairman, said the board sees London as a visionary leader. Sarah M. London is the Pres of Health Care Enterprises & Exec. Sarah London CEO, Centene Tweet More As Centene's first woman CEO, London has been instrumental in helping the insurer boost earnings and grow its core lines of business. . Centene (the Company, our, or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we are including this statement for purposes of complying with these safe-harbor provisions. Based on our analysis, the employees in engineering earn salaries at Centene that are well above average, with yearly earnings averaging $97,613. 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 started in data analytics at Optum and later was a partner in its venture capital arm. 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. 5.0 . 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. Net income dropped 26% to $1.3 billion. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. 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. ESG: The Implementation Imperative Summit. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. Centene Profile and History . Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. 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. Sarah London - Biography - MarketScreener You may also find the annual proxy statement by going directly to the company's website. Centenes mission to transform the health of our communities one member at a time has never been more relevant, London said in a statement. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. Health insurer Centene names Sarah London as new CEO March 23, 2022 at 10:20 AM This was for his contribution to the growth of Centene, which has expanded rapidly under his leadership. VP of Advanced Technology & Vice Chairman at Centene. Working At Centene: Employee Reviews And Culture - Zippia Centene Corporation, a Fortune 25 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. Health insurer Centene names Sarah London as new CEO Prior to being appointed Chief Executive Officer in 2022, she served as Centene's Vice Chairman, responsible for strategy, technology, pharmacy. Women represent 76% of our employees and 65% of employees in supervisory positions. We discuss certain of these matters more fully, as well as certain other factors that may affect our business operations, financial condition and results of operations, in our filings with the Securities and Exchange Commission (SEC), including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Due to these important factors and risks, we cannot give assurances with respect to our future performance, including without limitation our ability to maintain adequate premium levels or our ability to control our future medical and selling, general and administrative costs. Associate Professor . About Us; By their nature, forward-looking statements involve known and unknown risks and uncertainties and are subject to change because they relate to events and depend on circumstances that will occur in the future, including economic, regulatory, competitive and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. March 22 (Reuters) - U.S. health insurer Centene Corp on Tuesday named Vice Chairman Sarah London as its new chief executive officer, replacing Michael Neidorff, who is on medical leave. He is One of the Top 20 Business People. I write about healthcare business and policy. 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. Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on. Centene shuffled its senior management ranks Wednesday, elevating Ken Fasola to become president of the health insurer, reporting to chief executive officer Sarah London. YEAR. Sarah London, Centene CEO, joins 'Power Lunch' to discuss disruptions in the Medicaid market, collaboration between Centene and state agencies and data driven decision-making to improve. She later earnedan MBA from the University of Chicago. Author of the article: Reuters . 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. 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. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. 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 Article content. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. 396 Ratings. All content is posted anonymously by employees working at Centene. Ms. London joined Centene in 2020 as Senior Vice President of Technology Innovation and Modernization, overseeing the companys enterprise-wide technology strategy with a focus on next-generation products and services. MH magazine offers content that sheds light on healthcare leaders complex choices and touch pointsfrom strategy, governance, leadership development and finance to operations, clinical care, and marketing. Centene Corporation announced that Sarah London, vice chairman of Centene, has been appointed chief executive officer, effective immediately, succeeding Michael Neidorff. The chart on this page features a breakdown of the total annual pay for , at CENTENE CORP as reported in their proxy statements. Get alerted any time new stories match your search criteria. 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 expects to lose 2.2M Medicaid members in 2023 | Modern Healthcare Centene (the Company, our, or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we are including this statement for purposes of complying with these safe-harbor provisions.