SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 8, 2018
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction
(Commission File Number)
7700 Forsyth Blvd.
St. Louis, Missouri
(Address of Principal Executive Offices)
Registrant’s telephone number, including area code: (314) 725-4477
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
(b) On June 8, 2018, Centene Corporation announced Cynthia Brinkley has been appointed Chief Administrative and Markets Officer. Cynthia Brinkley previously held the position of President and Chief Operating Officer. The full text of the press release is included as Exhibit 99.1 to this report.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
99.1 Press release of Centene Corporation issued June 8, 2018
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
June 11, 2018
/s/ Jeffrey A. Schwaneke
Jeffrey A. Schwaneke
Executive Vice President & Chief Financial Officer
N E W S R E L E A S E
Investor Relations Inquiries
Edmund E. Kroll, Jr.
Senior Vice President, Finance & Investor Relations
Senior Vice President and Chief Communications Officer
FOR IMMEDIATE RELEASE
CENTENE ANNOUNCES LEADERSHIP ROTATION TO SUPPORT COMPANY’S GROWTH AND DEVELOPMENT
ST. LOUIS (June 8, 2018) - Centene Corporation (NYSE: CNC) today announced, consistent with its policy of rotating executives as part of its executive development program, a rotation that provides for new roles and responsibilities for a number of its senior executives in order to continue to capitalize on the Company’s depth of management and position Centene for growth:
Claudio Abreu, EVP, Specialized Markets, Business Operations
and Shared Services, will continue in that role and will assume additional responsibility for new business contracting, provider strategies and quality programs;
Cynthia Brinkley has been appointed Chief Administrative and Markets Officer with continued responsibility for U.S. and international markets. Ms. Brinkley will also be responsible for a newly formed Transformation Office, project management, integration planning and other office services including facilities and physical security;
Brandy Burkhalter, has been appointed EVP, Operations, with responsibility for products, shared services and other business operations;
Chris Koster, SVP, Corporate Services, will continue in that role and will assume responsibilities for Compliance, Internal Audit and Risk Management while the company conducts a search for Ms. Burkhalter’s replacement; and
Brent Layton, Chief Business Development Officer, will continue in that role and will assume responsibility for international business development, in addition to his current domestic business development responsibilities.
Cynthia Brinkley, Brandy Burkhalter, Chris Koster and Brent Layton will continue to report to Michael F. Neidorff, Chairman and Chief Executive Officer. Claudio Abreu will report to Brandy Burkhalter.
“We will continue to implement strategies across all aspects of the company that take Centene to the next level,” said Mr. Neidorff. “This rotation of corporate responsibilities is consistent with our previously announced organizational program in support of Centene’s growth and development. We are fortunate to have a strong management team and believe that Centene’s success as a leading healthcare provider will continue to be driven by collaboration at the top and cultivating leaders that are focused on serving our members and pursuing value-creating, strategic growth.”
These appointments, and new roles and responsibilities are effective immediately.
About Centene Corporation
Centene Corporation, a Fortune 100 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children’s Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long-Term Services and Supports (LTSS), in addition to other state-sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as “Part D”), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs. Centene also provides healthcare services to groups and individuals delivered through commercial health plans. Centene operates local health plans and offers a range of health insurance solutions. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, commercial programs, home-based primary care services, life and health management, vision benefits management, pharmacy benefits management, specialty pharmacy and telehealth services.
Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene’s investor relations website, http://www.centene.com/investors.