Michael Neidorff death cause has not been explicitly described. However, the CEO was on six weeks of medical leave due to illness.
According to the company announcement Centene leader Michael Neidorff, a pillar of the St. Louis business community, died at 79 on Thursday.
For 26 years, Neidorff led the Clayton-based health insurance company, building it into a managed care behemoth.
Centene has become a philanthropic donor in the region under his leadership, as has Neidorff personally.
What Was Michael Neidorff Death Cause?
Michael Neidorff death cause is reported to be some prolonged disease. The details of his illness have not been revealed yet.
Neidorff had planned to leave the company this year. He had been out on medical leave from the company for six weeks.
Michael McMillan, CEO of the Metropolitan St. Louis Urban League, called it a “sad day,” adding that “there will never be another Michael Neidorff.”
Neidorff served as chair of the National Urban League from 2014 to 2019.
McMillan stated, “He has been overwhelmingly instrumental in some of the most significant things we have done as an agency.”
Neidorff grew up in Altoona and graduated from Altoona High School in 1961.
In 1965, Michael graduated from Trinity University with a bachelor’s degree in political science.
He received a master’s degree in industrial relations from St. Francis College.
Centene CEO Net Worth 2022
Centene CEO Michael Neidorff’s net worth is estimated at $660 million at his death.
According to bizjournals.com, Centene grew from a $40 million company in 1996 to the nation’s leading provider of managed care services, with $125 billion in revenue and a Fortune 50 listing.
In 1996, Michael was appointed President and CEO of Centene.
Centene’s revenue is expected to reach $150 billion in 2022.
The company established a three-person president’s office in July 2021, consisting of Neidorff, current CEO Sarah London, and Brent Layton.
Brent is now Centene’s president and chief operating officer.
Michael Neidorff Wife.
Michael Neidorff was married to Noémi Neidorff, with whom he had two children.
Neidorff contributed to several political causes, including the presidential campaigns of Hillary Clinton and Joe Biden.
Moreover, he also contributed to the National Republican Senatorial Committee and Senator Jeanne Shaheen’s reelection campaign.
He was father to Peter Neidorff and the late Monica Neidorff.
Subsiquently, brother to Susan Neidorff Reinglass and Robert Neidorff.