Centene's Michael Neidorff - CEO Compensation

Michael Neidorff - Centene

Total Compensation: $8,774,483

Details: Neidorff, who's base salary remained at $1 million, received increases in both his bonus ($1.25 million, up from $1 million) and his stock awards ($4.7 million, from $3.98 million) in 2008. According to the SEC, "Neidorff's agreement was amended twice in the past twelve months; (1) to eliminate the non-compete and non-solicitation requirements if there was a ‘hostile change in control' as defined in his agreement and (2) to add language to the agreement to make it compliant with Internal Revenue Section 409A." 

Neidorff's "other compensation" of just over $418,000 comprised of use of the company airplane "for all travel," life insurance benefits, security services, and tax preparation services, among other things.

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