Sarah London, CEO of Centene (CNC), earned $8.0M in total compensation in 2025. Centene receives a Pay-for-Performance grade of B (76/100), with a CEO-to-worker pay ratio of 107:1 and a say-on-pay shareholder approval of 93.5%. The company's 3-year total shareholder return is +11.7%.
How Centene CEO Pay Compares
Sarah London's $8.0M total compensation is 0% below the Managed Care industry median of $8.0M. The 107:1 CEO-to-worker pay ratio is 0% lower than the industry average of 107:1.
Centene (CNC) disclosed $8.0M in CEO compensation for Sarah London. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio runs 107x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been muted across the three-year window: 11.7% TSR, 12.5% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Shareholders supported the compensation package at 93% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Centene operates in Managed Care with 74,300 employees and $154.0B in annual revenue, and currently carries a market capitalization of $35.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Centene (CNC).
Compensation Breakdown
Sarah London's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Sarah London, CEO of Centene (CNC), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Sarah London, CEO of Centene (CNC), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Centene has a Pay-for-Performance Score of B (76/100). The company's 3-year total shareholder return is +11.7%, and the say-on-pay shareholder vote passed with 93.5% approval.
The CEO-to-median-worker pay ratio at Centene is 107:1. The median worker at Centene earns $75K per year, while CEO Sarah London earns $8.0M in total compensation.
Centene employs approximately 74,300 people. The company operates in the Managed Care industry within the Healthcare sector, generating $154.0B in annual revenue.