Fred Eppinger to assume role of Chairman of the Centene Board
Wayne DeVeydt to assume role of Chairman of the Audit and Compliance Committee
Orlando Ayala, Richard Gephardt and William Trubeck to retire from the Board effective May 10, 2023
ST. LOUIS, April 3, 2023 — Centene Corporation (NYSE: CNC) announced today that Fred Eppinger will assume the role of Chairman of the Centene Board of Directors, and Wayne DeVeydt will assume the role of Chairman of the Audit and Compliance Committee. Both changes are effective as of March 31, 2023.
“With over 30 years of executive and insurance industry experience and a deep knowledge of Centene, Fred Eppinger is dedicated to accelerating the important work underway to transform the health of the communities we serve. His leadership will help ensure Centene delivers value to our shareholders while remaining anchored in our long-standing mission to serve the underserved,” said Sarah M. London, Chief Executive Officer of Centene. “I also look forward to Wayne’s continued contributions to the Board from his new role as we continue to enhance our capital deployment strategy and position the company for long-term growth.”
Mr. Eppinger currently serves as Chief Executive Officer of Stewart Information Services Company and previously served as Chief Executive Officer of Hanover Insurance Group, Inc., where he led Hanover from a regional enterprise to a global property and casualty carrier.
James Dallas announced on August 1, 2022 he would retire as Chairman of the Board prior to the 2023 Annual Meeting of Stockholders. Mr. Dallas will remain on the Centene Board of Directors and serve as a member of the Audit and Compliance and the Value Creation Committees. In addition, and as previously announced, Orlando Ayala, Richard Gephardt and William Trubeck will retire from the Board on May 10, 2023.
“I want to thank James for guiding the Centene Board of Directors through a significant evolution of the company’s governance structure,” said London. “His support and leadership have been instrumental in executing on this important work, and I am grateful for his continued service to the company.”
“I would also like to thank Orlando, Dick and Bill for their contributions to the company’s success over the years,” added London. “Their leadership and guidance have helped Centene build a strong and successful platform across government-sponsored healthcare programs while positioning the company for long-term success.”
About Centene Corporation
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. The Company also contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and value creation as well as the development of its people, systems, and capabilities so that it can better serve its members, providers, local communities, and government partners.
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, https://investors.centene.com/.
