Thread regarding Centene Corp. layoffs

Some Perspective on Executive Greed

While employees wait to find out if they’ll have a job when the VSP determinations settle, and the layoffs ensue, here’s what Centene’s top leadership has accumulated in company stock.

Executive Approx. Stock Value 2025 Compensation
Sarah London (CEO) ~$78.1M ~$21.6M
Drew Asher (CFO) ~$48.6M ~$10.3M
Chris Koster ~$23.1M ~$8.2M
Fred Eppinger ~$23.0M ~$0.6M (Board)
Ken Burdick ~$17.4M ~$7.4M
Susan Smith ~$13.7M ~$6.8M
Michael Carson ~$11.5M N/A
Tanya McNally ~$8.3M ~$5.8M
Katie Casso ~$7.2M ~$5.5M

Meanwhile, thousands of employees have spent months wondering whether VSP, layoffs, outsourcing, or another reorganization is coming for them.

We hear a lot about being “good stewards of taxpayer dollars.” We also hear that “when the business changes, we need to change with it.”

Fair enough. But stewardship shouldn’t only flow downhill.

If employees are expected to absorb the uncertainty, workload, and career disruption that come with those changes, it’s reasonable to ask whether leadership should share more of that burden too.

The numbers above aren’t opinions, rather they’re from Centene’s public SEC filings. The contrast between executive wealth and employee anxiety is what people are reacting to.

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| 8 views | | 8 replies (last 7 minutes ago) | Reply
Post ID: @OP+1kye0mnc9

8 replies (most recent on top)

Stop pocket watching & focus on your own money!

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Post ID: @c1+1kye0mnc9

Who cares!

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Post ID: @c0+1kye0mnc9

@bd - back in the 80’s the executive lived well. Biggest house in the neighborhood. Now it’s a private island. The game went from long term incentives to short term incentives. An outdated Jack Welch strategy is apparently what they teach at the Ivy Leagues.

Jack Welch operationalized these ideas by aggressively prioritizing short-term stock price growth through mass layoffs and financialization.Ironically, in 2009, Welch backtracked, calling the obsession with short-term shareholder value "the world's d-mbest idea," stating it should be a result of good business, not the primary strategy.

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Post ID: @bj+1kye0mnc9

You're making the wrong argument when bringing up C-Suite executives pay. They earned that by advancing to those levels and, like any corporation, the bottom workers jobs are at risk and they are not going to sacrifice their pay for bottom line workers. However, I do have a problem with how much these executives get paid while there are struggling Americans trying to afford Healthcare.

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Post ID: @bd+1kye0mnc9

@ae in your a--hole digging out gold!

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Post ID: @ag+1kye0mnc9

Where is Nathan Landsbaum on this list?

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Post ID: @ae+1kye0mnc9

Y’all are really reaching for votes by posting executive pay again. This isn't uncommon, and it doesn't change a thing. Goodnight!

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Post ID: @aa+1kye0mnc9

this is just capitalism. it’s naive to think it’s not the same at most Fortune 500 companies.

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Post ID: @a7+1kye0mnc9

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