secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2021-12-14T23:59:59+00:00
Accession:  0001140361-21-041462
Event type: leadership
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centene enters cooperation with Politan, appoints five new directors, plans CEO succession
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- Centene (CNC) and Politan Capital Management enter cooperation agreement; Board expands to 14 directors and appoints five new directors including Ken Burdick.
- Chairman and CEO Michael Neidorff to retire as CEO in 2022, serve as Executive Chairman; reconstituted Board to appoint new CEO.
- James Dallas named Lead Independent Director immediately, will become Independent Chair by end of 2022.
- Six directors to retire: Robert Ditmore, John Roberts, Tommy Thompson in 2022; Neidorff, Ayala, Gephardt in 2023.
- Board adopts mandatory retirement age of 75 for non-management directors; Politan agrees to standstill and voting provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000114036121041462/0001140361-21-041462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000114036121041462/brhc10031842_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-041462

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