Charlotte Ledger. "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. "I am delighted that the Board has appointed Sarah as CEO. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. 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. The average Centene Corporation executive compensation is $233,970 a year. Drew Asher. 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. And finally I'll walk through our updated full-year guidance. FORTUNE magazine continuously ranks us as one of America's fastest-growing companies. Centene CEO Sarah London joined CNBC 's Power Lunch with Bertha Coombs to discuss Centene's local approach as a differentiator, its data-driven strategies to enhance health outcomes, and. 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.. London succeeds Michael Neidorff, who went on medical leave late last month, the company said. Centene Corporation, a Fortune 50 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. 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. 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. 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). Her focus has been advancing integrated, value-based care models through the development and application of data-driven insights and technology. You may also find the annual proxy statement by going directly to the company's website. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. According to ZoomInfo records, Sarah London's professional experience began in 2012. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. She said about her new role that the health care landscape is changing rapidly. o.. Centene Joins Pro Football Hall of Fame for Military Salute to Service in Arizona. 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 write about healthcare business and policy. 1. 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 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. California Weighs $360,000 in Reparations to Eligible Black Residents. Glassdoor gives you an inside look at what it's like to work at Centene, including salaries, reviews, office photos, and more. Sarah London received her BA in Biology and Psychology from Middlebury College and her PhD in Neuroscience from UCLA. 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. Sarah M London is Chief Executive Officer at Centene Corp. See Sarah M London's compensation, career history, education, & memberships. 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 have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. Will Others Follow? On average, Centene executives and independent directors trade stock every 17 days with the average trade being worth of $1,189,041. See reviews, salaries & interviews from Centene employees in MISSING VALUE. We have a unique opportunity to empower our members, providers, and their communities in this transformation. . YEAR. Centene.com uses cookies. 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. She replaces Michael Neidorff, who took a medical leave of absence in February 2022. . 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. 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. Centene Corporation and Brent Layton as President and Chief Operating Officer of Schwaneke will report to Sarah London, President, Health Care Enterprises and Executive Vice President, Advanced Technology, HealthCare Enterprises. Ms. London received an M.B.A. with High Honors from the University of Chicago Booth School of Business and a B.A. Chief Financial Officer. Get alerted any time new stories match your search criteria. Jim Murray. James Dallas, Centenes acting chairman, said the board sees London as a visionary leader. 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. Opinions expressed by Forbes Contributors are their own. Spencer Stuart. 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. All forward-looking statements included in this press release are based on information available to us on the date hereof. 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. But how CEO Sarah London decides to move the company. Biography. Sarah London Work Experience and Education. Office phone: (773) 834-4302 Fax: (773) 702-6898 Office: BPSB 125C london@uchicago.edu. Article content. 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.". 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. 831 salaries for 310 jobs at Centene in Santa Fe, TX. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. She later worked for the company that produced "E.T.". Cision Distribution 888-776-0942 Subscriber only . We salute the Veterans and members of military families who have joined our team. 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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. 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. "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. Prior to Centene, she was an Operating Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. 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. ", "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. Average Centene hourly pay ranges from approximately $13.23 per hour for Quality Assurance Engineer to $54.71 per hour for Senior Case Manager. 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. 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. Ms. Full-year profits declined to $1.35 billion, from $1.81 billion in 2020. 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. and strategy roles with the health insurer, the company said March 22, 2022. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, https://investors.centene.com/. Between 2011 and 2020, Centene grew from 1.8M members in 12 states to 25.5M members nationwide. The board of Centene has picked Sarah London an executive with roots in venture capital and talent. Kevin Carmichael: Canada's 'blowout' jobs report raises questions about the path of interest rates. It has $125 billion in annual revenue, and it ranks 26th in the United States in terms of revenue. From September 2011 to June 2016, he served as the Company's Senior Vice President, Business Development. Sarah London, previously appointed President, Health Care Enterprises and Executive Vice President of Advanced Technology, will continue in these roles. Dec 5, 2022. Currently, Sarah London works as a Chief Executive Officer at Centene. Published Mar 22, 2022 < 1 minute read. Prior to her appointment as CEO, Ms. London served as Vice Chairman of the Centene Board of Directors. Centene, Superior HealthPlan, and Community Health Development, Inc. leadership hosted a groundbreaking ceremony at the site. 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The most active insiders traders include Michael F Neidorff, Frederick H Eppinger, and Edward L Cahill. All rights reserved. . 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 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. 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. You may opt-out by. 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. 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. 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. As at CENTENE CORP, made $0 in total compensation. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Delayed Nyse 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? 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. Centene Corporation's highest paid executives include: Jesse Hunter $4,442,868 and Keith Williamson $3,049,469. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. "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. Managed care members jumped 1.1 million to 26.6 million. -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. Transforming the health of the community, one person at a time. Based on our analysis, the employees in engineering earn salaries at Centene that are well above average, with yearly earnings averaging $97,613. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The chart on this page features a breakdown of the total annual pay for , at CENTENE CORP as reported in their proxy statements. 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. Michael Neidorff made it on to this list in 2017 in 17th position. 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). . 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. --------------------------------------------------------------------------------. 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. 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. Women represent 76% of our employees and 65% of employees in supervisory positions. 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. Chief Operating Officer. 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. Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. 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. ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; 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. . Forward-Looking StatementsAll statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. All forward-looking statements included in this press release are based on information available to us on the date hereof. UnitedHealths Optum unit acquired Humedica in 2013. Centene now provides or administers health coverage for about 26 million people. This list of important factors is not intended to be exhaustive. The median estimated compensation for executives at Centene Corporation including base salary and bonus is $235,905, or $113 per hour. Share & Print. This report is not for commercial use. Centene Salaries trends. London, who became. We have a unique opportunity to empower our members, providers, and their communities in this transformation.. 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. I have been consistently impressed by Sarahs passion to serve our members, who are often the most vulnerable amongst us.. Copyright 2023 Surperformance. CB Rank (Person) 87,126. Together, we can deliver innovative, integrated, and equitable care that meets our members where they live and exceeds their expectations. Before joining Centene in 2020, Ms. London was a Partner at Optum Ventures, the venture capital arm of UnitedHealth Group. President. As Centenes first woman CEO, London has been instrumental in helping the insurer boost earnings and grow its core lines of business. 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. Nov 2013 - Mar 20173 years 5 months. 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. This was for his contribution to the growth of Centene, which has expanded rapidly under his leadership. ", "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. There are 29 older and 1 younger executives at Centene. Fortune has an annual list of the Top 20 Business People of the Year. Thorough reviews have been conducted to assure this data accurately reflects disclosures.
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