FERGUSON, Mo. — The Centene Corp. (NYSE: CNC) is donating its Ferguson service center to the Urban League of Metropolitan St. Louis that the managed care giant opened in response to the unrest after Michael Brown’s death.
The transfer of the property from an affiliate, the Centene Management Co., is set to occur in June and will enable the Urban League to expands its services, the organization’s president and CEO, Michael McMillan, said at a press conference Thursday.
Most of the employees assigned to the Centene building at 2900 Pershall Road have been working from home since the start of the Covid-19 pandemic.
The donation of the 44,604-square-foot building and eight-acre tract is the continuation of the legacy late Centene CEO and chairman Michael Neidorff handed to his successor, CEO Sarah London. Centene said it invested $30 million to construct the service center.
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