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Brown Shoe adds Michael Neidorff to BOD

Mar '06
Michael F. Neidorff, Chairman and CEO of Centene Corporation, a leading multi-line healthcare enterprise headquartered in St. Louis, have been elected to the Board of Directors of footwear company Brown Shoe Company Inc.

"Michael will be a real asset to board,” said Brown Shoe Chairman and CEO Ron Fromm. “As a sitting CEO and chairman of a publicly held corporation, he brings us the kind of absolutely top-level business experience that will be valuable as continue to grow Brown Shoe."

Neidorff, 63, was appointed to his current position of Chairman and CEO of Centene in May 2004. He served as a director and the President and CEO of Centene since May 1996.

Under Neidorff's direction, Centene expanded from its original markets of Wisconsin and Indiana to include Kansas, Missouri, New Jersey, Ohio and Texas. He is responsible for turning Centene from a closely held corporation to a publicly traded company with a $1.3 billion market cap.

Prior to joining Centene,Neidorff started Physicians Health Plan of Greater St. Louis, a subsidiary of United HealthCare Corporation, and served as the President and CEO from 1985 to 1995. He served as Regional Vice President of Coventry Corporation, a publicly traded managed care organization, and as the President and CEO of one of its subsidiaries, Group Health Plan, Inc., in St. Louis from 1995-1996. Neidorff also spent 18 years in progressive roles at Bayer AG and Miles Laboratories affiliates in the United States and Canada.

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