Centene Corporation (NYSE: CNC) has announced the appointment of Thomas R. Greco to its board of directors, effective August 9, 2024. Mr. Greco brings over four decades of public company leadership and expertise to Centene. His appointment expands the company's board of directors to 11 members.
Thomas Greco served as the President and CEO of Advance Auto Parts, Inc. from 2016 to 2023, and prior to that, he held various roles at PepsiCo before becoming CEO of Frito-Lay North America in 2011. He currently serves on the boards of Tapestry, Inc., the Sabra Dipping Company LLC, and the American Heart Association.
Centene Corporation, a Fortune 500 company, is focused on providing fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs. The company serves more than 1 in 15 individuals across the nation, including Medicaid and Medicare members, individuals and families served by the health insurance marketplace, and the TRICARE program.
The company's commitment to helping people live healthier lives is evident in its focus on long-term growth and value creation, as well as the development of its people, systems, and capabilities to better serve its members, providers, local communities, and government partners.
As a seasoned operator and executive with a background in consumer-focused companies, Mr. Greco's appointment to the board of directors is expected to bring a valuable perspective to Centene as it continues to work towards transforming the health of 28.5 million Americans.
This press release does not include specific financial metrics or changes in performance since the last period. As a result of these announcements, the company's shares have moved 1.9% on the market, and are now trading at a price of $78.51. Check out the company's full 8-K submission here.