Centene Corp Announces CFO Employment Agreement

TL;DR

Centene inked a new deal with CFO David Bercaw, locking in his pay and terms.

AI Summary

Centene Corporation announced on March 29, 2024, changes in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Financial Officer, David S. Bercaw, effective March 29, 2024. This agreement outlines his compensation and other terms of employment.

Why It Matters

This filing details the compensation structure for Centene's CFO, providing transparency to investors regarding key executive financial arrangements.

Risk Assessment

Risk Level: low — The filing pertains to executive compensation and employment agreements, which typically carry low direct financial risk to the company.

Key Players & Entities

• Centene Corporation (company) — Registrant
• David S. Bercaw (person) — Chief Financial Officer
• March 29, 2024 (date) — Effective date of agreement

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common stock, $0.001 Par Value CNC New York Stock Exchange

Filing Documents

• cnc-20240329.htm (8-K) — 23KB
• 0001071739-24-000077.txt ( ) — 142KB
• cnc-20240329.xsd (EX-101.SCH) — 2KB
• cnc-20240329_lab.xml (EX-101.LAB) — 21KB
• cnc-20240329_pre.xml (EX-101.PRE) — 12KB
• cnc-20240329_htm.xml (XML) — 3KB

From the Filing

cnc-20240329 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 29, 2024 CENTENE CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 001-31826 42-1406317 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 7700 Forsyth Boulevard, St. Louis, Missouri 63105 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: ( 314 ) 725-4477 (Former Name or Former Address, if Changed Since Last Report): N/A 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): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.001 Par Value CNC New York Stock Exchange 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 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. ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS (b) Consistent with his previously announced intention to retire in 2024 as disclosed in the 8-K dated May 22, 2023, James E. Murray has retired from the Company effective March 29, 2024. SIGNATURE 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. CENTENE CORPORATION Date: March 29, 2024 By: /s/ Christopher A. Koster Christopher A. Koster Executive Vice President, Secretary and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR