Jesse N. Hunter to depart as Centene EVP & Chief Strategy Officer effective Nov 5, 2021
CENTENE CORP
Mutual agreement accelerates Mr. Hunter's last day from Dec 31 to Nov 5, 2021.
Severance includes 12.5 months base salary lump sum plus subsidized COBRA benefits.
Additional lump sum payment of $691,667 for pro-rated 2021 bonus and pro-rated Cash LTIP award.
Unvested service-based RSUs to continue vesting through Dec 31, 2022; pro-rata vesting for performance-based RSUs and Cash LTIP awards for certain periods.
Severance subject to execution of release of claims; separation agreement expected.
Centene Corporation (“Centene”) and Jesse N. Hunter, the former Executive Vice President and Chief Strategy Officer of Centene, have mutually agreed that Mr. Hunter’s last day will be November 5, 2021, rather than December 31, 2021.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Jesse N. Hunter departed as Executive Vice President and Chief Strategy Officer at CENTENE CORP.
Action
mutually agreed to depart
Role
Executive Vice President and Chief Strategy Officer
Exact text from the filing
Centene Corporation (“Centene”) and Jesse N. Hunter, the former Executive Vice President and Chief Strategy Officer of Centene, have mutually agreed that Mr. Hunter’s last day will be November 5, 2021, rather than December 31, 2021.
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