agilon health Announces Retirement and New Appointment to its Board of Directors

agilon health, inc. (NYSE: AGL), the trusted partner empowering physicians to transform health care in our communities, announced today that Michael Smith will retire from agilon health’s board of directors after more than five years of service. Upon Smith’s retirement, Jeff Schwaneke has been elected as an independent board member effective immediately. Schwaneke is the former Executive Vice President, Health Care Enterprises for Centene Corporation, a Fortune 50 company, and a leading healthcare enterprise.

“On behalf of the board of directors, we would like to thank Michael for his dedication, leadership and contributions for the past several years, including his prior service as chair of the audit committee,” said Ron Williams, Board Chairman. “We are delighted to welcome Jeff to the agilon health board. We believe his extensive leadership, financial, and industry experience will be of tremendous value during an important period of growth for the company.”

During his 13 years at Centene, Schwaneke held numerous positions and played an instrumental role in raising capital, leading acquisitions, and driving seamless integration of newly acquired companies. In his most recent role as EVP, Health Care Enterprises, Schwaneke oversaw Centene’s $35 billion pharmacy business including part D Medicare, dental and vision companies, and company-owned clinics. Prior to this role, he served as Chief Financial Officer and Treasurer from 2016 to 2021, and during his tenure, revenues grew from $20 billion to $125 billion. Schwaneke joined Centene in 2008 as Corporate Controller and Chief Accounting Officer.

“I would like to express my gratitude to Michael for his dedicated service on the agilon board during a critical time period for the company and to wish him well in his retirement,” said Steve Sell, Chief Executive Officer. “In addition, I am excited and confident in the important role Jeff will play on our board as we build a new primary care model with our physician partners and look to transform health care at the community level.”

Prior to joining Centene, Schwaneke served as the Assistant Controller and then as Chief Accounting Officer of Novelis, Inc. Before Novelis, Schwaneke held various finance and accounting positions at SPX Corporation and PriceWaterhouse Coopers. Schwaneke is a graduate of the University of Missouri and is a CPA.

"I am pleased to join agilon's board of directors at a time when the healthcare industry is evolving at a rapid rate," said Jeff Schwaneke. "I look forward to the opportunity to serve on the board for a company that is playing a critical role in helping shape the future of health care by empowering physicians to focus on the whole health of their senior patients."