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Author of the article: Reuters . 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. Nov 2013 - Mar 20173 years 5 months. FORTUNE magazine continuously ranks us as one of America's fastest-growing companies. 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 In announcing the 41-year-old Londons elevation to Centenes top job, the company described her as at the forefront of innovation in healthcare . London succeeds Michael Neidorff, who went on medical leave late last month, the company said. 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 Vice Chair Sarah London Adds CEO Title - GovCon Wire 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. The salaries that employees earn in Centene can be influenced by the department or organization function that they work in. Sarah London Work Experience and Education. 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. Sarah London | 2022 Most Powerful Women. Chief Executive Officer. 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. Centene Salaries (March 2023) - Zippia Share & Print. Drew Asher. Neidorff remains on a previously announced medical leave of absence from his position on the board of the company. 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. Insiders trading at Centene Over the last 19 years, insiders at Centene have traded over $220,031,916 worth of Centene stock and bought 89,005 units worth $5,026,837 . Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. As Centenes first woman CEO, London has been instrumental in helping the insurer boost earnings and grow its core lines of business. I write about healthcare business and policy. --------------------------------------------------------------------------------. 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. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions. Sarah's mailing address filed with the SEC is 7700, Forsyth Boulevard, Clayton, Saint Louis County, Missouri, 63105, United States . 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. "The healthcare landscape is rapidly changing, and Centene's mission to transform the health of our communities one member at a time has never been more relevant. Centene Appoints Sarah London As Chief Executive Officer For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. London started at Optum as the chief product officer at Optum Analytics. 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. CENTENE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. 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. Dec 5, 2022. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. 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. Centene expects to lose 2.2M Medicaid members in 2023 | Modern Healthcare Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. California Weighs $360,000 in Reparations to Eligible Black Residents. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. This morning we reported second quarter revenues at $27.7 billion, an increase of 51% over the second quarter of 2019. 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. Biography. And adjusted. Working At Centene: Employee Reviews And Culture - Zippia ", 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. 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). The oldest executive at Centene Corp. is RobertDitmore, 86, who is the Presiding Independent Director. 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. Centene Salaries trends. 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. Carla Padilla on LinkedIn: Sarah London | 2022 Most Powerful Women She graduated from the school with a bachelors degree in literature in 2002. London has been a Centene executive since 2020. 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. Executive Compensation Data Year: Trend Analysis As at CENTENE CORP, made $0 in total compensation. Copyright 2023 Surperformance. 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.". 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. Chief Operating Officer. She later earnedan MBA from the University of Chicago. Mr. Neidorff remains on a previously announced medical leave of absence from his position on the Board of the Company. ESG: The Implementation Imperative Summit. 5.0 . Mar. Women represent 76% of our employees and 65% of employees in supervisory positions. Centene Announces Organizational Enhancements, Establishes - Insider The most active insiders traders include Michael F Neidorff, Frederick H Eppinger, and Edward L Cahill. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Centene Centene has promoted Sarah London, the health insurance company's current board vice chair, to the job as Chief Executive Officer, succeeding the retiring Michael Neidorff, the. 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. 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. 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. Net income dropped 26% to $1.3 billion. 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 . 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. But how CEO Sarah London decides to move the company. Sarah London, vice chairman of the board of directors at Centene (NYSE: CNC), has accepted additional responsibilities as CEO of the St. Louis-based health insurer. This list of important factors is not intended to be exhaustive. The health of individuals drives our focus on the environment, removing social barriers to health, and prioritizing responsible corporate governance. Managed care members jumped 1.1 million to 26.6 million. Her focus has been advancing integrated, value-based care models through the development and application of data-driven insights and technology. Dustin Brookshire, CHC, CHPC, CCEP on LinkedIn: Centene predicts big Centene Profile and History . 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. 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 soon moved to Humedica, a data analytics company. . 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 Appoints Sarah London As Chief Executive Officer Sarah London | Telehealth and Telecare Aware This is the Centene company profile. . Centene.com uses cookies. I have been consistently impressed by Sarah's passion to serve our members, who are often the most vulnerable amongst us. Sarah M. London is the Pres of Health Care Enterprises & Exec. She later worked for the company that produced "E.T.". Ken Fasola. Centene Appoints Sarah London As Chief Executive Officer 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. Clayton-based Centene Corp. has appointed its vice board chair Sarah London as its new CEO. Pros. Centene Corporation 184,800 followers 5mo . This report is not for commercial use. Health insurer Centene names Sarah London as new CEO Back to video. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. 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. Oregon health agency approves Amazon, One Medical acquisition, moving $3.9B deal one step forward. Ms. 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.