But how CEO Sarah London decides to move the company. -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. 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. 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. Sarah London is the Chief Executive Officer of Centene Corporation, a diversified healthcare enterprise providing a portfolio of government-sponsored healthcare programs focusing on. 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. FORTUNE magazine continuously ranks us as one of America's fastest-growing companies. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. [40] 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. APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS, (c) Election of Sarah London as Vice Chairman of the Board of Directors of Jan 3, 2023 09:43pm. . Search jobs. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. Chief Executive Officer. Pros. 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. Biography. Spencer Stuart. Schwaneke will report to Sarah London, President, Health Care Enterprises and Executive Vice President, Advanced Technology, HealthCare Enterprises. The salaries that employees earn in Centene can be influenced by the department or organization function that they work in. 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. 5.0 . Sarah M London is Chief Executive Officer at Centene Corp. See Sarah M London's compensation, career history, education, & memberships. 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. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. 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. Sarah London received her BA in Biology and Psychology from Middlebury College and her PhD in Neuroscience from UCLA. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. 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. See reviews, salaries & interviews from Centene employees in MISSING VALUE. 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. Centene focuses on long-term growth and the development of its people, systems and capabilities so that it can better serve its members, providers, local communities, and government partners. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. 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. This morning we reported second quarter revenues at $27.7 billion, an increase of 51% over the second quarter of 2019. 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. from 8 AM - 9 PM ET. 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 joined a four-member office of the chairman in February, when Centene announced that Neidorff was taking a leave of absence to deal with a medical condition. The average Centene Corporation executive compensation is $233,970 a year. Centene generated revenue of $126 billion in 2021, a 13% increase over the year prior as more people were enrolled in Medicaid plans following the pandemic. Glassdoor gives you an inside look at what it's like to work at Centene, including salaries, reviews, office photos, and more. Neidorff . Jobs People Learning Dismiss Dismiss. A copy of the press release announcing the events described in Item 5.02 above President. 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. 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. London started at Optum as the chief product officer at Optum Analytics. Ms. And finally I'll walk through our updated full-year guidance. Centene Salaries trends. 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. This is the Centene company profile. 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. Oregon health agency approves Amazon, One Medical acquisition, moving $3.9B deal one step forward. Biography. 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. Based on our analysis, the employees in engineering earn salaries at Centene that are well above average, with yearly earnings averaging $97,613. Associate Professor . Presently, Sarah London is President-Health Care Enterprises at Centene Corp. Centene Names Venture Capital Veteran CEO, Life Health > Health Insurance > Medicare Planning, News I have been consistently impressed by Sarahs passion to serve our members, who are often the most vulnerable amongst us.. "I am delighted that the Board has appointed Sarah as CEO. 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.". . Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Centene Board of Directors. Neidorff remains on a previously announced medical leave of absence from his position on the board of the company. Centene Corp.'s decision to cancel its planned East Coast hub in University City will cost Charlotte at least 3,000 expected jobs. Total Cash Compensationinformation is comprised of yearly Base Pay and Bonuses. . "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. 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. Ken Fasola. 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. "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. We have a unique opportunity to empower our members, providers, and their communities in this transformation.. UnitedHealths Optum unit acquired Humedica in 2013. . HealthCare Enterprises is a portfolio of high growth companies independent of Centene health plans, designing differentiated platform capabilities and delivering industry-leading products and . 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. 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 . Average Centene hourly pay ranges from approximately $13.23 per hour for Quality Assurance Engineer to $54.71 per hour for Senior Case Manager. Modern Healthcare empowers industry leaders to succeed by providing unbiased reporting of the news, insights, analysis and data. 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. 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. 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. Ms London is 40, she's been the Pres of Health Care Enterprises & Exec. In 2010, she helped start a health care cost and quality data business for Accretive Health, a medical billing and debt collection company. 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. CB Rank (Person) 87,126. Gender Female. He is One of the Top 20 Business People. "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. 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. 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. The median estimated compensation for executives at Centene Corporation including base salary and bonus is $235,905, or $113 per hour. According to ZoomInfo records, Sarah London's professional experience began in 2012. 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. 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. 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. It has $125 billion in annual revenue, and it ranks 26th in the United States in terms of revenue. On average, Centene executives and independent directors trade stock every 17 days with the average trade being worth of $1,189,041. By Tony Mecia. Centene Corporation's highest paid executives include: Jesse Hunter $4,442,868 and Keith Williamson $3,049,469. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Chief Financial Officer. Centene ( NYSE: CNC) said it had appointed Sarah London to succeed Michael Neidorff as the Chief . Employees in the business development department receive relatively high salaries as well, where wages average $91,494 per year. Chief Operating Officer. Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. Cision Distribution 888-776-0942 All content is posted anonymously by employees working at Centene. Subscriber only . 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. Office phone: (773) 834-4302 Fax: (773) 702-6898 Office: BPSB 125C london@uchicago.edu. We have a unique opportunity to empower our members, providers, and their communities in this transformation. 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.". Since then Sarah has changed 3 companies and 3 roles. 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. Since then, the company has become a major force in the commercial health insurance market by acquiring Health Net, a California health insurer; WellCare Health Plans, a big Medicare plans issuer; and Magellan Health, a behavioral health, specialty care and pharmacy benefits manager. VP of Advanced Technology & Vice Chairman of Centene since . The company will report its 2022 first quarter earnings on April. 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 Mar. YEAR. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/. 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. "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. 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. "I also want to thank Michael Neidorff, Centene's visionary leader for more than 25 years. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. VP of Advanced Technology & Vice Chairman at Centene. 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 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. 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. Kevin Carmichael: Canada's 'blowout' jobs report raises questions about the path of interest rates. 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. Transforming the health of the community, one person at a time. 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. 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. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The national average salary for a Centene employee in the United States is $58,575 per year. The board of Centene has picked Sarah London an executive with roots in venture capital and talent management to succeed Michael Neidorff as the companys CEO. 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. The health of individuals drives our focus on the environment, removing social barriers to health, and prioritizing responsible corporate governance. 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. Her focus has been advancing integrated, value-based care models through the development and application of data-driven insights and technology. Mizuho Securities Adjusts Centene Price Target to $80 From $92, Maintains Neutral Ratin.. North American Morning Briefing: Stock Futures -3-, Centene Addresses Social Isolation in Schools with National No One Eats Alone Day. Sarah London was named Centene CEO, taking over from Michael Neidorff, who will remain the company's chairman. 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. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Centene Reports Mixed Fourth-Quarter Results, But Lifts Full-Year Premium, Service Revenue Outlook, Transcript : Centene Corporation, Q4 2022 Earnings Call, Feb 07, 2023, Transcript : Centene Corporation Presents at 41st Annual J.P. 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. London spent a year working at Creative Artists Agency in Los Angeles. Currently, Sarah London works as a Chief Executive Officer at Centene. 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. Listen to free podcasts to get the info you need to solve business challenges! Centene Corporation 184,800 followers 5mo . The chart on this page features a breakdown of the total annual pay for , at CENTENE CORP as reported in their proxy statements. Musk Made a Mess at Twitter. This list of important factors is not intended to be exhaustive. 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. . A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Biography. Net income dropped 26% to $1.3 billion. All rights reserved. Sarah's mailing address filed with the SEC is 7700, Forsyth Boulevard, Clayton, Saint Louis County, Missouri, 63105, United States. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. 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. London is also dedicated to prioritizing wellness for employees, including through enhanced caregiver benefits. March 23, 2022 at 10:20 AM Jim Murray. Author of the article: Reuters . As Centenes first woman CEO, London has been instrumental in helping the insurer boost earnings and grow its core lines of business. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. She replaces Michael Neidorff, who took a medical leave of absence in February 2022. . 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. Centene, Superior HealthPlan, and Community Health Development, Inc. leadership hosted a groundbreaking ceremony at the site. 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). Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Centene Board of Directors. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. And adjusted. 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. Prior to being appointed Chief Executive Officer in 2022, she served as Centene's Vice Chairman, responsible for strategy, technology, pharmacy. Join the conversation . 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. All proxy statements are public filings made available to the general public by the SEC. Delayed Nyse Centenes mission to transform the health of our communities one member at a time has never been more relevant, London said in a statement. o.. Centene Joins Pro Football Hall of Fame for Military Salute to Service in Arizona. Centene Corporation, a Fortune 25 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. 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. 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. Health insurer Centene names Sarah London as new CEO . She served next as a partner at Optum Ventures. There are 29 older and 1 younger executives at Centene. He continues to be the chairman. Previously, she served as Chief Product Officer for Optum Analytics and Vice President of Client Services & Operations at Humedica. 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. 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. 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. London, who became. Sarah M. London is the Pres of Health Care Enterprises & Exec. "Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial January 12, 2022, 8:01 AM Sarah London, Vice Chairman of Centene, joins Yahoo Finance Live to talk about Centene's health care initiatives, CMS changes, and how they are handling COVID-19. ", "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.