centene corporation executive team

Centene Corporation's highest paid executives include: Jesse Hunter $4,442,868 and Keith Williamson $3,049,469. She also worked as chief product officer for Optum Analytics, where she is in charge of the strategy and commercialization of the companys integrated data and analytics. Other adjustments include the following pre-tax items: Magellan Specialty Health divestiture gain of $79 million and real estate impairments of $26 million. Our Managed Care segment provides health plan coverage to individuals through government-subsidized and commercial programs. Beth Johnson, President and CEO of Coordinated Care. Before Centene, Brinn worked as a bookkeeper at a hospital. In 2004, she ventured into Centenes management team, playing a crucial role in managing the financial reporting, corporate accounting, financial systems, acquisition, and integration work, as well as finance shared service functions. Before joining Centene Corporation in 2020, she worked with Optum Ventures, the capital arm of UnitedHealth Group. Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 in the U.S. and Canada; +1-412-902-6506 from abroad, including the following Elite Entry Number: 8655989 to expedite caller registration; or via a live, audio webcast on the Company's website at www.centene.com, under the Investors section. Before becoming an independent director of Centene, she handled The United States Northern Command and the North American Aerospace Defense Command. Her responsibilities include the following: Shannon Bagley joined Centene Corporation in 2003. Medicaid and Medicare membership includes 1,323,000 and 1,231,500 Dual Eligible Special Needs Plans (D-SNP)beneficiaries for the periods ending March31, 2023, and March31, 2022, respectively. for the three months ended March 31, 2023: Magellan Specialty Health divestiture gain of $0.14 ($0.12 after-tax) and real estate impairments of $0.05 ($0.04 after-tax). In July 2021, Colin Toney joined the executive team as the Executive Vice President of M&A of St. Louis, Missouri headquarters. Today's top 938 Engineering jobs in Grenoble, Auvergne-Rhne-Alpes, France. After that, he spent nearly 15 years as Senior Vice President of Corporate Finance at Coventry Health Care. At Centene, we remain one of the few companies to have successfully navigated the Affordable Care Act. Sarah M. London Chief Executive Officer, Director Drew Asher Chief Financial Officer Jim Murray Chief Operating Officer Alice H. Chen Chief Health Officer Brian LeClaire Chief Information Officer Jessica L. Blume Director H. James Dallas Chairman of the Centene Board of Director When typing in this field, a list of search results will appear and be automatically updated as you type. In May of 2013, Aetna acquired Coventry and Drew Asher was promoted as the Chief Financial Officer. Kenneth Burdick, Retired Executive Vice President of Products and Markets of Centene Corporation; Former Chief Executive Officer of WellCare Health Plans, Inc. Christopher Coughlin, Former Executive Vice President and Chief Financial Officer of Tyco International, Ltd. Wayne DeVeydt, Executive Chairman of Surgery Partners, Inc.; Former Executive Vice President and Chief Financial Officer of Anthem, Inc. Orlando Ayala, Retired Chairman and Corporate Vice President of Emerging Businesses for Microsoft Corporation, Jessica L. Blume, Retired Vice Chairman of Deloitte LLP, Frederick H. Eppinger, President and Chief Executive Officer of Stewart Title Guaranty Company, Richard A. 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Drew Asher has worked as the chief financial officer (CFO) and chief accounting officer since May 2021. Centene's Corporate Sustainability. Centene is a leading healthcare enterprise committed to transforming the health of the community, one person at a time. Our Health Care Enterprises companies focus on developing more efficient care models to reduce healthcare costs and improve patient outcomes. "Brent, Sarah, Shannon and Bob have been integral to our leadership team and, with their new roles, will help us further our commitment to transforming our healthcare model to meet the evolving needs of our members, providers, customers and shareholders.". 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, other 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. For example, she created the Employee Inclusion Groups, which aim to improve employee development, retention, and community engagement. GAAP selling, general and administrative expenses, Costs related to the PBM legal settlement, Adjusted selling, general and administrative expenses. Asher started his career at Deloitte & Touche LLP, where he worked as an auditor and accountant for five years, serving clients that included managed care. He primarily works with providers and health systems to make new commercial contracts. Centenes vision is a world where all individuals have access to affordable health care services regardless of their circumstances. For Health Net of California only must obtain State Life, Health & Disability license within 90 days of hire. She propels Centenes health care innovation with her innovative thinking and utilizes the capabilities of Centene in changing healthcare services into a value-based care model placing more importance on the quality of services than on their quantity. Asher also worked with WellCare where he managed the companys finances for six years. She is also responsible for the financing integration of acquired companies, which has helped Centene grow. Centene shuffled its senior management ranks Wednesday, elevating Ken Fasola to become president of the health insurer, reporting to chief executive officer Sarah London. Our specialty companies provide a variety of products and services to deliver integrated healthcare to our members and other organizations. In addition, the, Preferred stock, $0.001 par value; authorized 10,000 shares; no shares issued or, Common stock, $0.001 par value; authorized 800,000 shares; 614,355 issued and, Net increase (decrease) in cash, cash equivalents, and restricted cash and cash, The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported within the Consolidated, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CENTENE CORPORATION NAMES ANIKA GARDENHIRE CHIEF CUSTOMER EXPERIENCE OFFICER, CENTENE ANNOUNCES CHANGES TO BOARD OF DIRECTORS, For the first quarter of 2023, premium and service revenues increased 2% to. Dallas will continue to serve on the board and is eligible for reelection next year. Layton was promoted as the COO of Centene around September 2021. Centeneuses its investor relations website to publish important information about the company, including information that may be deemed material to investors. Our core philosophy is that quality healthcare is best delivered locally. Fundamental company data and analyst estimates provided by FactSet. Costs related to the PBM legal settlement of $0.00 ($0.00 after-tax). New Engineering jobs added daily. Centene Corporation, a Fortune 50 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. All forward-looking statements included in this press release are based on information available to us on the date hereof. It also serves contracts with other health care and commercial organizations providing specialty services to health plan members. We regularly earn recognition for growth and innovation, as well as for our commitment to equity, diversity, and inclusion. We provide a full spectrum of managed healthcare products and services, primarily through Medicaid, Medicare, and commercial products. 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. The New Jersey Chapter recently named Mr. Coughlin a 2022 Director of the Year. He has over two decades of experience with expanding responsibility in public policy and health care sectors. The program honors female executives who are leading change, developing policy and guiding healthcare delivery improvement. In addition,the three months ended March 31, 2023, includes a one-time income tax benefit of $69 million resulting from the distribution of long-term stock awards to the estate of the Company's former CEO. Bagley helped provide solutions to redesign the human resources operating model and talent infrastructure to allow business leaders to utilize talent initiatives for the company efficiently. Sarah London is the chief executive officer of Centene Corporation. James Dallas Chairman of the Centene Board of Directors, Sarah M. London Chief Executive Officer, Orlando Ayala Former Corporate Vice President and Chairman of Emerging Businesses for Microsoft Corporation, Jessica L. Blum Former Vice Chairman of Deloitte LLP, Kenneth Burdick Retired Executive Vice President of Products and Markets of Centene Corporation. The income tax effects of adjustments are based on the effective income tax rates applicable to each adjustment. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. We strive to offer services that other Medicaid and Medicare managed care companies do not. Statement of Operations: Three Months Ended March 31, 2023. The effective tax rate for the first quarter of 2023 reflects the tax effects of the distribution of long-term stock awards to the estate of the Company's former CEO as well as the Magellan Specialty Health gain. BOSTON, Dec 14 (Reuters) - Centene Corp (CNC.N) reached a deal with activist investment firm Politan Capital Management in which five new directors will join the managed care company's board. Centeneoffers 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 theHealth Insurance Marketplace and the TRICARE program. Mark Brooks is Centene Corporations chief information officer and president. Prior to joining Centene, Mr. Asher served as chief financial officer at WellCare. Before being appointed to the executive position, Bryant worked as Director of HR Operations leading and managing the daily HR operations. Membership includes Temporary Assistance for Needy Families (TANF), Medicaid Expansion, Children's Health, Membership includes Aged, Blind, or Disabled (ABD), Intellectual and Developmental Disabilities (IDD), Long-Term, Medicaid and Medicare membership includes 1,323,000 and 1,231,500 Dual Eligible Special Needs Plans (D-SNP). Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. She is responsible for overseeing Centenes day-to-day activities, and commanding the overall Centene Corp leadership. She works closely with other executives to establish the companys agenda and create opportunities to ensure the alignment of strategies between the business and human capital. Starting in January 2023, Delaware will give contracts to Delaware Health First, a subsidiary of Centene, along with the two existing MCOs. CASH, INVESTMENTS AND RESTRICTED DEPOSITS (in millions). Today's top 343 Engineer jobs in Grenoble, Auvergne-Rhne-Alpes, France. For almost 10 years, she led the Internal Audit and Enterprise Risk Management teams. The Company also contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. The program honors female executives who are leading change, developing policy and guiding healthcare delivery improvement. Copyright FactSet Research Systems Inc. All rights reserved. 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. Transforming the health of the community, one person at a time. In 2003, Shannon Bagley began working for Centene Corporation. As such, this has been excluded from the reconciliation below. 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. In his role, Layton provides strategic advice to state governments as they design Medicaid solutions. Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. Here is the list of the latest directors and independent directors of the company. removing social barriers to health, and prioritizing responsible Sarah London is Centene Corporations CEO. We're proud of our history as an innovative, mission-driven organization. (2) Adjusted SG&A expense ratio excludes acquisition and divestiture related expenses of approximately $35 million to $40 million. "Centene remains focused on innovation, growth, and agility and these leadership enhancements align with key areas of growth for the company," saidMr. Neidorff. Centene Corporation Leaders, Founders, Executives: Achievements and Key Responsibilities The Founder of Centene Corporation Centene Corp Executive Team Sarah London, Chief Executive. Our specialty services help diversify our revenue stream, manage costs, and enhance the quality of health outcomes for our members and others. Centene.com uses cookies. Centene Corporation 190,948 followers 1w Centene has been named one of America's Most Innovative Companies by Fortune. Prior to joining the company in 2016, Mark Brooks worked as CIO and Chief Technology Officer at Health Net for more than 12 years and as Senior Director for the Front Office Systems at Veritas. Centene Corp (NYSE: CNC) has reported a Q1 FY23 adjusted EPS of $2.11, compared to $1.83 a year ago, slightly beating the consensus of $2.10. In particular, these statements include, without limitation, statements about our future operating or financial performance, market opportunity, growth strategy, competition, expected activities in completed and future acquisitions, including statements about the impact of our proposed acquisition of Magellan Health (the Magellan Acquisition), our recently completed acquisition of WellCare Health Plans, Inc. (WellCare and such acquisition, the WellCare Acquisition), other recent and future acquisitions, investments and the adequacy of our available cash resources. Ms. London . He previously led the company as CEO in February 2020. Centene Corporation's Executive Team ranks in the Top 40% of other companies in Saint Louis, MO and Top 35% of other companies on Comparably . Ms. London has extensive experience in the industry. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Brent Layton also marked a notable contribution to the government by helping them to do Medicaid reform. Centene Corporation is a publicly traded managed care company based in St. Louis, Missouri. The tables below provide reconciliations of non-GAAP items ($ in millions, except per share data): GAAP net earnings attributable to Centene, Amortization of acquired intangible assets, Acquisition and divestiture related expenses. Data may be intentionally delayed pursuant to supplier requirements. On average, Men provided higher ratings for their Executive Team compared to Women. Previously, he was the general counsel, executive vice president, and corporate secretary at Centene Corp. As a general counsel, he has helped Centene strengthen its internal legal sources and face new challenges tied to its fast growth. Centene Corporation Executive Team Sarah M. London, Chief Executive Officer Brent Layton, President, and Chief Operating Officer Drew Asher, Chief Financial Officer Shannon Bagley, Executive Vice President, and Chief Administrative Officer Centene Corporation Leadership Total debt was $18.3 billion, which included $359 million of borrowings on our $2.0 billion revolving credit facility at quarter end. He has more than 30 years of finance experience and formerly worked at different companies in the healthcare industry like Aetna and Coventry Health Care. By continuing to use our site, you agree to our Privacy Policy Through executive interviews, policy spotlights and news stories on corporate activity, ExecutiveBiz stays on top of whats shaping the industry and how GovCon leaders are positioning their businesses to win the federal business of tomorrow. Centene ranked No. The program honors female executives who are leading change, developing policy and guiding healthcare delivery improvement. We value diversity. Centene Corporation, a Fortune 500 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government-sponsored healthcare programs, focusing on under-insured and uninsured individuals. As the chief financial officer, Drew Asher is responsible for Centenes Accounting, Treasury, Capital Markets, Tax, Actuarial Services, Health Economics, Financial Planning, Investor Relations, and Procurement. 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). FORTUNE magazine continuously ranks us as one of Americas fastest-growing companies. As the new CEO, Ms. London runs the health care enterprises and specialty divisions. Centene has served its communities health and special needs for over 30 years through government-sponsored programs. Sign Up Now! Centene Corporation Leaders, Founders, and Executives Team, Centene Corporation Leaders, Founders, Executives: Achievements and Key Responsibilities, Brent Layton, President, and Chief Operating Officer, Shannon Bagley, Chief Administrative Officer, James Dallas, Chairman of the Centene Board of Directors, Retired Senior Vice President and Chief Information Officer of Medtronic, Theodore Samuels, Retired President of Capital Guardian Trust Company. For the first quarter of 2023, our effective tax rate on adjusted earnings was 24.3%, compared to 25.1% in the first quarter of 2022. In 2020, London joined Centene Corp. and served as vice chairman in charge of a portfolio of businesses unaffiliated with Centene health plans. Idemia NSS Appraised at CMMI Maturity Level 3; Patrick Clancey Quoted, Executive Spotlight: Marion Kennedy, SVP of Intelligence Market at LMI. It does this by providing a wide range of services across multiple channels while collaborating with other organizations to make everything possible. Cision Distribution 888-776-0942 He started working with Centene in 2006. Mr. Andrew L. Asher has been the Executive Vice President and Chief Financial Officer of the company since 2021. Sign Up Now! We have industry-leading expertise in government-sponsored healthcare, having realized steady growth through five presidential administrations. William Trubeck is now a member of the boards of Centene Corp and the Monmouth University Alumni Association. Mr. DeVeydt is now a Centene Corporations Board of Directors member. ExecutiveBiz follows the executive-level business activity that drives the government contracting industry. 26 on the 2021 Fortune 500. Brent Layton oversees the management team in creating health plans, products, business marketing, and business development. Jessica L. Blume is a retired vice chairman of Deloitte LLP and joined the Centene Corporation board of directors in 2018. He served as President of the Capital Services Division of Pitney Bowes Inc., from 1999 to November 2006. . Services include clinical healthcare and a cutting-edge healthcare analytics company. Sarah London is Centenes Vice Chair become becoming a chief executive officer. Empowering people to create and maintain lifelong healthy habits. To provide clarity on the way management defines certain key metrics and ratios, the Company is providing a description of how the metric or ratio is calculated as follows: In addition, the following terms are defined as follows: Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives.

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