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Wade Rakes
President and Chief Executive Officer, Georgia at Centene Corporation
Professional Background
Wade Rakes is a highly accomplished executive known for his leadership and expertise in the healthcare sector, prominently serving as the President and Chief Executive Officer of a health solutions company that provides high-quality and community-focused Medicaid, Medicare, and Health Insurance Marketplace plans to hundreds of thousands of Georgians. With over 15 years of executive experience across various industries including healthcare, entertainment, and government, Wade has proven to be a visionary leader, adept at developing and implementing growth strategies while effectively launching new products and building businesses for Fortune 500 global organizations.
In his current role at Centene Corporation, Wade has been instrumental in leading a diverse team of professionals and supervising a workforce of over 1,000 individuals. His strategic approach and ability to manage multi-billion dollar budgets have contributed significantly to the company’s success. His deep understanding of the healthcare landscape and tireless commitment to community engagement allows him to drive impactful initiatives that directly improve the lives of those relying on essential health services.
Wade's previously held positions within Centene include Global Chief Diversity & Inclusion Officer and Regional Vice President of Business Development. These roles allowed him to shape corporate policies and champion initiatives that promote diversity, equity, and inclusion within the organization, reflecting his dedication to fostering an inclusive workplace that values diverse perspectives.
Prior to joining Centene, Wade's career began at Showtime Networks where he held various key positions, including Marketing Manager and Business Analyst. His work as Special Assistant to the Chairman provided him with vital insights into corporate governance and strategic decision-making processes, experience he would carry forward into his future roles in healthcare and business development. Additionally, his role as Director of Public Liaison at the State of Ohio Governor's Office honed his skills in public relations and government affairs, laying a strong foundation for his understanding of healthcare policy and community needs.
Education and Achievements
Wade’s prestigious academic background includes an MBA with a concentration in Strategy from the University of Michigan's Stephen M. Ross School of Business, where he developed strategic thinking skills that have bolstered his executive career. Additionally, he holds an A.B. in Economics from Princeton University, a program renowned for its rigorous curriculum and strong analytical approach, both of which have enabled him to excel in complex decision-making environments.
Throughout his career, Wade has consistently demonstrated a commitment to his professional development and the communities he serves. Under his stewardship at Centene, innovative health solutions have been introduced that underscore accessibility and quality for patients. His leadership has resulted in significant growth metrics for his organization, showcasing his ability to achieve high-impact results.
In addition to his extensive professional experience, Wade’s focus on leadership training and mentorship reinforces his pledge to foster the next generation of leaders in the healthcare industry. His collaborative approach facilitates team success and encourages an environment where all members feel empowered to contribute to the company’s mission.
Achievements
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Leadership in Healthcare: As President and CEO, Wade is responsible for guiding strategic healthcare initiatives that are transforming health care access for thousands in Georgia. His direction supports ongoing improvements in Medicaid and Medicare services and aligns with community-focused health solutions to ensure better outcomes for patients.
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Diversity and Inclusion Champion: In his capacity as Global Chief Diversity & Inclusion Officer, Wade has impacted corporate culture on a significant scale, pushing for the integration of diverse voices into decision-making processes, leading to enhanced creativity and innovation throughout the organization.
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Effective Team Management: Wade excels in leading large teams and driving performance across geographies. His proven track record of managing large budgets makes him an invaluable asset in an industry that seeks both effectiveness and efficiency in delivering health solutions.
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Community Engagement: His deep commitment to community health is evident through his work with stakeholders at every level, ensuring that healthcare solutions remain not just effective, but also accessible and tailored to meet local needs.
Wade Rakes is a visionary leader, a dedicated advocate for equitable healthcare, and a committed mentor. His unique blend of expertise in business development, healthcare policy, and leadership development makes him a key figure in the ongoing endeavors to improve health systems across Georgia and beyond.