55/100BCentene company profile
- CEO
- Sarah McGinty London
- Employees
- 61,100
- Headquarters
- Centene Plaza, St. Louis, MO 63105, US
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- IPO date
- 13 Dec 2001
- Stock exchange
- NYSE
- ISIN
- US15135B1017
Website:centene.com
About the company
Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.
Employees
Centene had about 61,100 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 1.0% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Centene
Institutions such as funds, banks and insurers held 99.8% of Centene's shares on 30 June 2026, 1,067 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Centene pays its executives
The chief executive was paid 21.97M USD for fiscal 2016, 60% of it in shares and options.
| Name and position | Salary | Stock awards | Option awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|---|
| Michael F. Neidorff Chairman, President and Chief Executive Officer | 1.50M USD | 12.83M USD | 411.80K USD | 6.60M USD | 625.28K USD | 21.97M USD |
| Cynthia J. Brinkley Executive Vice President, Global Corporate Development | 650.00K USD | 2.81M USD | — | 1.13M USD | 88.49K USD | 4.68M USD |
| Jesse N. Hunter Executive Vice President, Products | 650.00K USD | 1.97M USD | — | 1.74M USD | 82.76K USD | 4.44M USD |
| Jeffrey A. Schwaneke Executive Vice President and Chief Financial Officer (effective March 1, 2016) | 632.67K USD | 2.25M USD | — | 1.40M USD | 37.39K USD | 4.33M USD |
| Keith H. Williamson Executive Vice President, Secretary and General Counsel | 600.00K USD | 843.90K USD | — | 1.54M USD | 64.28K USD | 3.05M USD |
| William N. Scheffel Former Executive Vice President and Chief Financial Officer (retired effective March 1, 2016) | 121.15K USD | — | — | 743.23K USD | 25.43K USD | 889.81K USD |
FY2016 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Centene
Source: Financial Modeling Prep