Centene Corporation Appoints Thomas Wise as President and CEO of Texas Subsidiary
ST. LOUIS--(BUSINESS WIRE)--Dec. 21, 2007--Centene Corporation (NYSE: CNC) announced today that Thomas Wise has been appointed President and CEO of Centene's Texas subsidiary, Superior HealthPlan (Superior). Mr. Wise will report to Christopher Bowers, Senior Vice President, Health Plan Business Unit for Centene, and will be based in the Superior corporate office in Austin, Texas.
Mr. Wise brings more than 15 years of experience in executive management, healthcare finance and strategy development to Centene. Most recently, he served as Vice President, Finance, and Director of Contracting for Superior. In these roles, he maintained financial expectations, established rate setting processes and negotiated hospital contracts that supported Superior's overall business plan. He also provided operational and financial oversight in leadership positions at Texas University Health Plan and United HealthCare of Texas.
Mr. Bowers stated, "Tom exemplifies the strength and depth of senior management within the Centene system. He has a clear understanding of the managed care industry and of Superior's business operations. His leadership will continue to help Superior provide quality programs and services to members in the complex healthcare environment of Texas."
Mr. Wise received his bachelor's degree in Finance and Economics from California State University.
About Centene Corporation
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the State Children's Health Insurance Program (SCHIP) and Supplemental Security Income (SSI). The Company operates health plans in Arizona, Georgia, Indiana, New Jersey, Ohio, South Carolina, Texas and Wisconsin. In addition, the Company contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, health management, long-term care, managed vision, nurse triage, pharmacy benefits management and treatment compliance. Information regarding Centene is available via the Internet at www.centene.com.
CONTACT: Centene Corporation
Edmund E. Kroll, 212-759-0382
Senior Vice President, Finance and Investor Relations
Sandy McBride, 314-725-4477
Director, Corporate Communications
SOURCE: Centene Corporation