Michael Neidorff, born on December 30, 1953, led Centene Corporation as CEO from 2005 until his passing in April 2022. Under his leadership, Centene grew significantly within the healthcare market, reaching nearly $3 billion in revenue during his tenure. Notably,...

Michael Neidorff, born on December 30, 1953, led Centene Corporation as CEO from 2005 until his passing in April 2022. Under his leadership, Centene grew significantly within the healthcare market, reaching nearly $3 billion in revenue during his tenure. Notably, Neidorff's compensation reflected this success, peaking at over $20 million in a single year, which included a substantial bonus of $1.5 million in 2022. Even after his death, he arranged for financial benefits totaling over $5 million to be paid to his estate. Neidorff's strategy focused on aligning executive performance with company goals, particularly through measures like earnings per share (EPS). His stock ownership was exceptionally high, hitting $449 million at one point in 2019, signifying his strong belief in the company’s long-term value. His impact on Centene was marked by aggressive growth and an ability to navigate through challenges, including the COVID-19 pandemic. Despite moments when bonuses were not awarded due to performance metrics, his legacy is tied to a significant rise in Centene’s stock and overall market position, highlighting a career dedicated to the healthcare sector.