Centene (CNC) announced the board of the combined company will consist of 11 members, nine of whom will be from the board of Centene and two of whom will be from the board of WellCare (WCG). After the close of the transaction, Michael Neidorff will lead the combined company as Chairman and CEO. Ken Burdick and Drew Asher are expected to join the Centene senior management team in new positions created as a result of the acquisition. The combined company will be headquartered in St. Louis, the location of Centene’s headquarters, with operations throughout the country, and will continue to support substantial operations in WellCare’s home state of Florida consistent with the size of the business, as part of its commitment to a strong local approach.
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