Neidorff was the Clayton, Missouri-based health insurance giants chairman as well as its CEO. Ms London is 40, she's been the Pres of Health Care Enterprises & Exec. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. "Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Working At Centene: Employee Reviews And Culture - Zippia Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. 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. 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. She soon moved to Humedica, a data analytics company. Join the conversation . Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. About Centene | Centene Corporation Nov 2013 - Mar 20173 years 5 months. Health insurer Centene names Sarah London as new CEO Back to video. In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. Diversity, Equity, and Inclusion | Centene Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. She said about her new role that the health care landscape is changing rapidly. Spencer Stuart. 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. Health insurer Centene names Sarah London as new CEO ESG: The Implementation Imperative Summit. 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. 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. Sarah London Work Experience and Education. Centene Corporation, a Fortune 25 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. "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, London added. Centene Salaries trends. Charlotte Ledger. Women represent 76% of our employees and 65% of employees in supervisory positions. Transforming the health of the community, one person at a time. Fiscal Year Ended in 2016 Enter an executive or company name The charts on this page feature a breakdown of the total annual pay for the top executives at CENTENE CORPas reported in their proxy statements. Biography. Sarah London, previously appointed President, Health Care Enterprises and Executive Vice President of Advanced Technology, will continue in these roles. By continuing to use our site, you agree to our Privacy Policy and Terms and Conditions. Dec 5, 2022. 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. This is the Centene company profile. 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. . Cision Distribution 888-776-0942 On average, Centene executives and independent directors trade stock every 17 days with the average trade being worth of $1,189,041. ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; CNC Company Profile & Executives - Centene Corp. - Wall Street Journal Sarah London | Telehealth and Telecare Aware UnitedHealths Optum unit acquired Humedica in 2013. 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 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.". Centene Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on under-insured and uninsured individuals to more than 26 million Americans. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Managed care members jumped 1.1 million to 26.6 million. Centene appoints venture capital veteran as new CEO - Charlotte Region Centene Corporation and Brent Layton as President and Chief Operating Officer of Average Centene hourly pay ranges from approximately $13.23 per hour for Quality Assurance Engineer to $54.71 per hour for Senior Case Manager. Oregon health agency approves Amazon, One Medical acquisition, moving $3.9B deal one step forward. Dismiss . 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. In her past career Ms. London held the position of Vice President-Client Management & Operations at Humedica, Inc., Senior Principal & Partner at Optum Venture Management LLC and Head-Marketing & Media Relations at Omega Protein Corp. 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Morgan Healthcare Conference, Jan-09-2023 07:30 AM, Centene Affirms 2022 Guidance, Offers Mixed 2023 Outlook, Transcript : Centene Corporation - Analyst/Investor Day, Centene Corporation Announces Management Changes. Since Mr. Neidorff began a medical leave of absence in February 2022, she has been a member of the Office of the Chairman charged with running the day-to-day management of the Company. View original content:https://www.prnewswire.com/news-releases/centene-appoints-sarah-london-as-chief-executive-officer-301508299.html, https://www.prnewswire.com/news-releases/centene-appoints-sarah-london-as-chief-executive-officer-301508299.html, Ukraine Latest: Saudi Generators Sent; Bakhmut Battles Continue, Pot vote has Oklahoma hungry to rake in green from Texas, How Ron DeSantis misreads Corporate America, Tesla recalls 3,470 Model Y vehicles over loose bolts, 3 big things in investing you might have missed this week. 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. Centene Careers and Employment in US | Indeed.com 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. The most active insiders traders include Michael F Neidorff, Frederick H Eppinger, and Edward L Cahill. We have a unique opportunity to empower our members, providers, and their communities in this transformation. There are 29 older and 1 younger executives at Centene. Ms. London has spent her career at the forefront of innovation in healthcare. The Board and I are confident that she is the right visionary leader to increase value for our shareholders and author the next chapter of Centene's growth. Sarah M. London Net Worth (2023) | wallmine Centene Salaries in Santa Fe, TX | Glassdoor Coronavirus Tips Working and Protection. Copyright 2023 Surperformance. 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. California Weighs $360,000 in Reparations to Eligible Black Residents. 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. Neidorff turned it into a national player by competing aggressively for state Medicare contracts. Previously, she served as Chief Product Officer for Optum Analytics and Vice President of Client Services & Operations at Humedica. Will His AI Plans Be Any Different? London is also dedicated to prioritizing wellness for employees, including through enhanced caregiver benefits. The most recent stock trade was executed by Andrew Lynn Asher on 9 February 2023, trading 6,800 units of CNC stock currently worth $489,124. 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. Centene Corporation's highest paid executives include: Jesse Hunter $4,442,868 and Keith Williamson $3,049,469. 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. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. And less than a month ago, Centene said Neidorff was taking a medical leave of absence to address what he called a treatable medical condition, putting several executives including London to work to fill the void left by Neidorffs absence. James Dallas, Centenes acting chairman, said the board sees London as a visionary leader. And finally I'll walk through our updated full-year guidance. o.. Centene Joins Pro Football Hall of Fame for Military Salute to Service in Arizona. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. Senior Planner, Global Meetings & Events. Employees in the business development department receive relatively high salaries as well, where wages average $91,494 per year. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/. 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 . Clayton-based Centene Corp. has appointed its vice board chair Sarah London as its new CEO. London spent a year working at Creative Artists Agency in Los Angeles. When typing in this field, a list of search results will appear and be automatically updated as you type. Prior to being appointed Chief Executive Officer in 2022, she served as Centene's Vice Chairman, responsible for strategy, technology, pharmacy. March 22 (Reuters) - U.S. health insurer Centene Corp CNC.N on Tuesday named Vice Chairman Sarah London as its new chief executive officer, replacing Michael Neidorff, who is on medical leave. Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on under-insured and uninsured individuals to more than 26 million Americans. Sarah M. London. London has been a Centene executive since 2020. "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. HealthCare Enterprises is a portfolio of high growth companies independent of Centene health plans, designing differentiated platform capabilities and delivering industry-leading products and . You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). 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. 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. 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, 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.London takes over a company that is a national player among the biggest . Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. ", "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. The chart on this page features a breakdown of the total annual pay for , at CENTENE CORP as reported in their proxy statements. 10 Things You Didn't Know About Centene CEO Michael Neidorff - Money Inc Centene Corporation, a Fortune 50 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. 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. A copy of the press release announcing the events described in Item 5.02 above Sarah London - Biography - MarketScreener London played Division I tennis at Harvard. This report is not for commercial use. Ms. She spent two years working in film production management, first at Creative Artists Agency in Los Angeles, and then at Kennedy/Marshall Co., the company that produced E.T.. Centene Promotes Tech And Healthcare Strategist Sarah London - Forbes 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. Share & Print. Dustin Brookshire, CHC, CHPC, CCEP on LinkedIn: Centene predicts big This list of important factors is not intended to be exhaustive. She graduated from the school with a bachelors degree in literature in 2002. 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. Centene vice chairman talks CMS changes, the Alzheimer's - Yahoo! Opinions expressed by Forbes Contributors are their own. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. Sarah London, CEO of Centene Corp. - STLtoday.com Jobs People Learning Dismiss Dismiss. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. 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. All forward-looking statements included in this press release are based on information available to us on the date hereof. ", 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. He continues to be the chairman. Listen to free podcasts to get the info you need to solve business challenges! 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 was once a regional health insurer. 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. But how CEO Sarah London decides to move the company. Pros. She replaces Michael Neidorff, who took a medical leave of absence in February 2022. . She later earnedan MBA from the University of Chicago. Sarah London Age : 42 Public asset : 24,128,130 USD Country of residence : Unknown Linked companies : Centene Corporation Biography of Sarah London Presently, Sarah London is President-Health Care Enterprises at Centene Corp. Centene appoints Sarah London as CEO | Seeking Alpha 48% of all employees identify as people of color, including 36% at the supervisory + level. -Flexible schedules -Paid holidays including a floater to accommodate cultural differences -Compensation overall is okay -No meeting black out days to give focus days to get things done -CEO Sarah London is extremely smart, progressive, forward thinking leader -Potential of 14 week paid maternity leave -Earned time -Front loaded sick time. Gender Female. In 2010, she helped start a health care cost and quality data business for Accretive Health, a medical billing and debt collection company. 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. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Net income dropped 26% to $1.3 billion. It has $125 billion in annual revenue, and it ranks 26th in the United States in terms of revenue. VP of Advanced Technology & Vice Chairman at Centene. This morning we reported second quarter revenues at $27.7 billion, an increase of 51% over the second quarter of 2019. Big Jumps In Diversity Fuel Surge In U.S. Tennis Participation Since 2020, Walgreens-Backed VillageMD Buys 30-Location Physician Group In Connecticut, Banning Abortion Pill Mifepristone Would Set A Dangerous Precedent For The Politicization Of Public Health, Ukraine Wars Toll Of Death, Destruction, Displacement, And Trauma: Fresh Evidence Of Systematic Planning Of Torture Leaves Behind An Indelible Mark, Walmart To Double Health Clinic Footprint As Amazon And Rivals Buy Doctor Offices, Covid-19s Enormous Death Toll: Worldwide Life Expectancy Has Experienced A Steep Decline, Questions Scientists Should Now Explore With Respect To Covid-19, Sustainable Development A Smart Solution for Africa and the Middle East, And less than a month ago, Centene said Neidorff. Prior to joining Humedica, Ms. London was part of the team that launched Accretive Health's Quality & Total Cost of Care business, providing end-to-end population health strategy and operational consulting to leading medical centers around the country. 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. 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. Search jobs. All forward-looking statements included in this press release are based on information available to us on the date hereof. Glassdoor gives you an inside look at what it's like to work at Centene, including salaries, reviews, office photos, and more. Drew Asher. 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. ", 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. 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. Centene appoints London as CEO, succeeding longtime leader Neidorff We have a unique opportunity to empower our members, providers, and their communities in this transformation.. 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. Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. By Tony Mecia. 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. The health of individuals drives our focus on the environment, removing social barriers to health, and prioritizing responsible corporate governance. "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. 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. Centene has promoted Sarah London, the health insurance companys current board vice chair, to the job as Chief Executive Officer, succeeding the retiring Michael Neidorff, the company said Tuesday afternoon. . 2023 Women Leaders Sarah London | Modern Healthcare from 8 AM - 9 PM ET. Glassdoor. 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. 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. Schwaneke will report to Sarah London, President, Health Care Enterprises and Executive Vice President, Advanced Technology, HealthCare Enterprises. Salaries posted anonymously by Centene employees in Santa Fe, TX. Health insurer Centene names Sarah London as new CEO CENTENE IS COMMITTED TO CORPORATE SUSTAINABILITY . ", "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. She later worked for the company that produced "E.T.". [40] 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. London started at Optum as the chief product officer at Optum Analytics.