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Centene (NYSE:CNC) Announces CFO Transition as Drew Asher steps down. 17 August 2026 05:49 AM PDT Summarize with AI You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to its research reports, in-depth technical and fundamental research. Learn more Key Highlights * Centene (NYSE:CNC) announced CFO Drew Asher will step down from the role on December 31, 2026, and retire from the company at the end of 2027 * Chris Neczypor, former Executive Vice President and CFO of Lincoln Financial, will join Centene in September and become CFO effective January 1, 2027 * Under Asher's tenure since 2021, Centene's Revenue grew from approximately $126 billion to approximately $195 billion in 2025 * Centene reaffirmed its full-year 2026 adjusted diluted EPS guidance of greater than $4.80 and all associated guidance metrics from its July 28 Earnings release Centene Announces Planned CFO Transition Centene (NYSE:CNC) announced that Chief Financial Officer Drew Asher will step down from his role on December 31, 2026, and retire from the company at the end of 2027. Chris Neczypor will join the organization in September and work alongside Asher before formally assuming the Executive Vice President and CFO role on January 1, 2027. Asher will remain with Centene through his retirement to support strategic initiatives and ensure a smooth handover. Neczypor previously served as Executive Vice President and Chief Financial Officer of Lincoln Financial, a provider of life insurance, annuities, group benefits, and retirement solutions, since joining the company in 2018. He also held roles including Chief Strategy Officer at Lincoln, and prior to that spent more than a decade in Investment and financial services, including as an Equity research analyst at Goldman Sachs. Leadership Comments on the Transition Centene Chief Executive Officer Sarah London said Neczypor brings a proven track record of strengthening financial performance and creating long-term Shareholder value, describing him as a collaborative, values-driven leader. Neczypor said he was honored to join Centene and looks forward to working with London and the Leadership team as CFO. Asher, who has more than three decades of experience in financial and healthcare industry leadership, has served as CFO since 2021. During his tenure, Centene's revenue grew from approximately $126 billion in 2021 to approximately $195 billion in 2025, reflecting a significant increase in the company's scale during a period of broader transformation across the healthcare industry. Asher said he remains proud of how Centene navigated substantial change while maintaining disciplined execution, and said he looks forward to continuing to work with London and Neczypor through 2027. London thanked Asher for his contributions, citing his strategic perspective and financial discipline in setting up the company's next phase of growth. Guidance Reaffirmed Alongside Announcement Alongside the leadership transition announcement, Centene reaffirmed its previously issued full-year 2026 adjusted diluted earnings-per-share guidance of greater than $4.80, along with all associated 2026 full-year guidance metrics provided in its July 28 second-quarter earnings release. The reaffirmation signals that the CFO transition is not expected to disrupt the company's near-term financial outlook or previously communicated targets. Centene serves more than 1 in 15 individuals across the country through government-sponsored and commercial healthcare programs, including Medicaid, Medicare, and Health Insurance Marketplace offerings, with a focus on under-insured and uninsured populations. FAQs. Q: When will Chris Neczypor officially become Centene's CFO? A:Neczypor will join Centene in September 2026 and formally assume the Executive Vice President and CFO role effective January 1, 2027. Q: How did Centene's revenue grow during Drew Asher's tenure as CFO? A:Revenue grew from approximately $126 billion in 2021, when Asher became CFO, to approximately $195 billion in 2025. Q: Did Centene change its 2026 financial guidance alongside the CFO announcement? A:No. Centene reaffirmed its previously issued full-year 2026 adjusted diluted EPS guidance of greater than $4.80 and all associated guidance metrics. Download Free Report - Explore 3 Stock Ideas & Industry Insights Unlock 3 stock ideas and key industry insights in its free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice. All investments involve risk - consider independent advice before making any investment decisions. Disclaimer:

Centene taps Chris Neczypor to succeed retiring CFO Drew Asher. By Christy Santhosh Aug 17 (Reuters) - Centene said on Monday Chris Neczypor would succeed Drew Asher as chief financial officer in January, while the health insurer seeks to bolster profitability following pressure in its Medicaid and Obamacare businesses. Asher, who was CFO since 2021, will step down in December and retire at the end of 2027. Neczypor will join in September to ensure smooth transition, the company said. Its shares fell 4%. Barclays analyst Andrew Mok said Asher's leadership would be "difficult to replace", but the one-year transition period should help to reduce investor concerns. Centene is preparing for an expected enrollment decline in Medicaid plans for lower-income individuals, as it manages the financial fallout from new work requirements and tighter state eligibility rules, which could leave it with a smaller, higher-cost member base. The work requirements are set to take effect by January 1, potentially extending the pressure into Neczypor's first year as finance chief. Prior to Centene, Neczypor worked as executive vice president and CFO at life insurer Lincoln Financial. His appointment echoes a broader reshuffle of finance chiefs across the U.S. healthcare sector, with Pfizer, Amgen, GE Healthcare and Baxter announcing major executive changes this year. CENTENE UNDER ASHER Asher joined Centene in January 2020 following its acquisition of WellCare, where he was CFO, and helped steer the insurer through Medicaid eligibility redeterminations and disruptions in Obamacare Marketplace plans. During his tenure, the company expanded from about $126 billion in revenue in 2021 to around $195 billion in 2025. Asher's biggest test came in 2025, when Centene withdrew 2025 earnings forecast after identifying a roughly $1.8 billion shortfall in expected risk-adjustment revenue from Obamacare plans. Several Americans this year are dropping off the plans as they are struggling to make payments due to the end of extra subsidies created during the pandemic. (Reporting by Christy Santhosh in Bengaluru; Editing by Shilpi Majumdar)

Carolina Complete Health supports young leaders through AMEXCAN Summer Camp. Aug 13, 2026, 11:40 ET Sponsorship helped 24 children from coastal North Carolina participate in educational, cultural and leadership-building activities CHARLOTTE, N.C., Aug. 13, 2026 /PRNewswire/ - Carolina Complete Health, a subsidiary of the Centene Corporation (NYSE: CNC), sponsored the AMEXCAN Summer Camp, helping provide 24 children from coastal North Carolina with a summer experience centered on learning, leadership and personal growth. Throughout the program, participants took part in educational workshops, cultural activities, leadership development and recreational programming designed to build confidence, encourage personal growth and foster meaningful connections. Carolina Complete Health's sponsorship helped cover program costs, supplies and meals, ensuring every child could fully participate in the camp experience. "Supporting young children means investing in opportunities that help them discover their strengths, build confidence and connect with their communities," said Lori Keane, director of marketing, at Carolina Complete Health at Carolina Complete Health. "Together with AMEXCAN, we are proud to help create meaningful summer experiences that allow children to learn, grow and thrive." The sponsorship reflects Carolina Complete Health's broader commitment to improving the health and well-being of the communities it serves. By supporting community-based programs that promote education, leadership and belonging, the organization works to strengthen families and help build healthier communities across North Carolina. About Carolina Complete Health Carolina Complete Health is a provider-led Medicaid health plan committed to delivering high-quality care to Medicaid, Marketplace and Medicare beneficiaries in North Carolina. It was established through a unique partnership between Centene, the North Carolina Medical Society and the North Carolina Community Health Center Association. About AMEXCAN Founded in 2001, the Association of Mexicans in North Carolina, Inc. (AMEXCAN) is grassroots, nonprofit, statewide, and binational organization committed to the well-being and dignity of Mexican and Latino communities across North Carolina and Mexico. AMEXCAN promotes community participation and prosperity through advocacy, education, health, leadership development, cultural programs, and binational initiatives. By connecting families with trusted information, resources, and opportunities, AMEXCAN helps build stronger communities in which Latino residents are empowered to lead, participate, and thrive. For more information, visit www.amexcannc.org. About Centene Corporation Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise 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 individuals. Centene offers affordable and high-quality products to more than one in 15 individuals across the nation, including Medicaid and Medicare members, as well as individuals and families served by the Health Insurance Marketplace. 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, investors.centene.com. SOURCE Carolina Complete Health