Michael Neidorff
Michael Neidorff is an American business executive and CEO of Centene Corp. He became CEO in 1996.
Michael Neidorff | |
|---|---|
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| Born | Altoona, Pennsylvania, U.S. |
| Alma mater | Trinity University (B.A., 1965) St. Francis College (M.A., 1966) |
| Occupation | Business Executive |
| Employer | Centene Corporation |
| Title | CEO of Centene Corporation |
| Spouse(s) | Noémi Neidorff |
| Children | 2 |
Early life and education
Neidorff grew up in Altoona, Pennsylvania and is a 1961 graduate of Altoona High School.[1]
He earned a bachelor's degree in political science from Trinity University in 1965 [2] and a master's degree in industrial relations at St. Francis College.[1][3][4]
Career
In the 1980s, Neidorff was the director of international consumer products at Miles Laboratories, and worked as president and chief executive officer of Physicians Health Plan of Greater St. Louis.[5][6]
In 1995, he became chief executive of Group Health Plan and was vice president of its parent company, Coventry Corp.[1][5] The following year, Neidorff joined Centene, then called Coordinated Care Corp., as its chief executive officer.[5][7]
In 2018, Neidorff was one of the executives named in a lawsuit claiming that Centene failed to disclose Health Net's potential tax exposure prior to their acquisition.[8]
In April 2020, Neidorff joined the White House economic recovery task force on reopening the United States after the COVID-19 pandemic.[9]
In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million while laying off 3000 workers.
Neidorff was listed on Fortune's Businessperson of the year list in 2017.[10]
Personal life
Michael Neidorff is married to Noémi Neidorff and they have two children.[6]
Neidorff has donated to several political causes, including Hillary Clinton and Joe Biden's presidential campaigns, the National Republican Senatorial Committee and Senator Jeanne Shaheen's reelection campaign.[11][12]
References
- Unglesbee, Ben (25 September 2015). "Michael Neidorff, Caleres". St. Louis Business Journal.
- Weiderman, Greta (26 April 2012). "Centene CEO Neidorff pledges $5 million to Trinity University". St. Louis Business Journal.
- Jones, Sharon (18 July 2016). "Trinity University Elects New Board Officers | Trinity University". Trinity University.
- Frank, Walt (8 July 2018). "Plans to construct Centene facility moving forward". Altoona Mirror.
- "Health services: Michael Neidorff, Centene Corp". St. Louis Business Journal. 16 June 2002.
- Kukuljan, Steph (6 December 2019). "C-Suite Awards 2019: Michael Neidorff, Centene". St. Louis Business Journal.
- Noles, Corey (7 August 2015). "How Michael Neidorff took Centene from $40 million to $21 billion". St. Louis Business Journal.
- Sweeney, Evan (19 December 2018). "Invest suit claims Centene hid $900M tax liability in HealthNet purchase". Fierce Healthcare.
- "Another St. Louis CEO joins White House economic recovery task force". St. Louis Business Journal. 15 April 2020.
- "Michael Neidorff". Fortune. Retrieved 2020-07-01.
- Chávez, Aída (2019-12-31). "Joe Biden Wants to End Prison Profiteering. One of His Top Fundraisers Is a Major Player in Prison Health Care". The Intercept. Retrieved 2020-07-01.
- Herman, Bob; Muchmore, Shannon (2016-11-08). "Top health care leaders apparently aren't Trump fans". Crain's Chicago Business. Retrieved 2020-07-01.
