{"id":7960,"date":"2023-03-30T09:46:42","date_gmt":"2023-03-30T09:46:42","guid":{"rendered":"https:\/\/distilinfo.com\/healthplan\/?p=7960"},"modified":"2023-03-30T09:46:42","modified_gmt":"2023-03-30T09:46:42","slug":"the-5-executives-at-centene-with-the-highest-earnings","status":"publish","type":"post","link":"https:\/\/distilinfo.com\/healthplan\/the-5-executives-at-centene-with-the-highest-earnings\/","title":{"rendered":"The 5 executives at Centene with the highest earnings"},"content":{"rendered":"
Centene’s regulatory filings for fiscal year 2022 have revealed the compensation packages of its top five executives. CEO Sarah London was the highest-paid with a total compensation of $13.2m, followed by President Kenneth Fasola with $9.98m and CFO Andrew Asher with $9.74m. Former Chairman and CEO Michael Neidorff, who stepped down in February 2022 and died in April, received $7.6m, while Senior Adviser to the CEO and former COO Brent Layton earned $6.9m.<\/p><\/blockquote>\n
Centene Corporation, a leading healthcare company based in the United States, recently released its regulatory filings for the fiscal year 2022, revealing the compensation packages of its top executives. The company’s highest-paid employee in 2022 was CEO Sarah London, who received a total compensation of $13.2 million. Here are the details of the compensation packages of Centene’s five highest-earning executives.<\/p>\n
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- Chief Executive Officer Sarah London Sarah London was appointed as the CEO of Centene in February 2022, succeeding Michael Neidorff. In her first year as CEO, London received a total compensation package of $13,246,447. This included a base salary of $1,359,038, stock awards worth $7,624,974, and non-equity incentive plan compensation of $4,041,866. She also received other compensation totaling $220,569.<\/li>\n
- President Kenneth Fasola Kenneth Fasola has been with Centene since 2017, and in 2022, he served as the President of the company. Fasola’s total compensation package for the year was $9,982,686, which included a base salary of $997,519, stock awards worth $7,199,984, and non-equity incentive plan compensation of $1,745,658. He also received other compensation totaling $39,525.<\/li>\n
- Chief Financial Officer Andrew Asher Andrew Asher has been with Centene since 2018 and currently serves as the Chief Financial Officer of the company. In 2022, Asher received a total compensation package of $9,739,210, which included a base salary of $1,007,115, stock awards worth $5,999,942, and non-equity incentive plan compensation of $2,687,777. He also received other compensation totaling $44,376.<\/li>\n
- Former Chairman and CEO Michael Neidorff Michael Neidorff served as the Chairman and CEO of Centene until February 2022 when he stepped down from the company. Sadly, Neidorff passed away in April 2022. In 2022, he received a total compensation package of $7,599,513, which included a base salary of $546,923, non-equity incentive plan compensation of $1,476,692, and other compensation totaling $5,575,898.<\/li>\n
- Senior Adviser to the Chief Executive Officer and former COO Brent Layton Brent Layton retired as the Chief Operating Officer of Centene in December 2022 and currently serves as a Senior Adviser to the CEO. In 2022, Layton received a total compensation package of $6,910,926, which included a base salary of $1,100,000, stock awards worth $2,599,940, and non-equity incentive plan compensation of $3,132,100. He also received other compensation totaling $78,886.<\/li>\n<\/ol>\n
In conclusion, Centene’s top executives received significant compensation packages in 2022, with the CEO, Sarah London, earning the highest amount. It’s worth noting that two of the top-paid employees, Michael Neidorff and Brent Layton, are no longer serving in executive roles, with Neidorff passing away in April 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"