CENTENE CORPORATION (NYSE:CNC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
(e) On February 4, 2019, Centene Corporation (the “Company”) entered into an amendment to the executive employment agreement (the “Amendment”) with Michael F. Neidorff, its Chairman and Chief Executive Officer (the “Executive”). The Amendment:
provides that Mr. Neidorff will serve as Chief Executive Officer until the 2023 Shareholders’ Meeting and will continue serving as Executive Chairman of the Board until the 2024 Shareholders’ Meeting; and
provides for payments to Mr. Neidorff in the event of termination on or prior to the 2023 Shareholders’ Meeting.
The Amendment is filed as Exhibit 10.1 to this Form 8-K and the description of the Amendment is qualified in its entirety by reference to such exhibit, which is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
CENTENE CORP Exhibit
EX-10.1 2 exhibit10120190204.htm CONTRACT AMENDMENT Exhibit Exhibit 10.1AMENDMENT OF EXECUTIVE EMPLOYMENT AGREEMENTTHIS AMENDMENT OF EXECUTIVE EMPLOYMENT AGREEMENT is entered into as of February 4,…
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About CENTENE CORPORATION (NYSE:CNC)
Centene Corporation is a diversified healthcare company that provides programs and services to government sponsored healthcare programs. The Company also provides education and outreach programs to inform and assist members in accessing appropriate healthcare services. The Company operates through two segments. The Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children’s Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD). The Specialty Services segment consists of its specialty companies offering a range of healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations.