Cigna Group Management

Management criteria checks 3/4

Cigna Group's CEO is David Cordani, appointed in Jun 2008, has a tenure of 16.42 years. total yearly compensation is $21.05M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $197.10M. The average tenure of the management team and the board of directors is 4.2 years and 5.9 years respectively.

Key information

David Cordani

Chief executive officer

US$21.0m

Total compensation

CEO salary percentage	7.1%
CEO tenure	16.4yrs
CEO ownership	0.2%
Management average tenure	4.2yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Cordani's remuneration changed compared to Cigna Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	n/a	n/a	US$4b
Mar 31 2024	n/a	n/a	US$4b
Dec 31 2023	US$21m	US$2m	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$7b
Mar 31 2023	n/a	n/a	US$7b
Dec 31 2022	US$21m	US$2m	US$7b
Sep 30 2022	n/a	n/a	US$7b
Jun 30 2022	n/a	n/a	US$5b
Mar 31 2022	n/a	n/a	US$5b
Dec 31 2021	US$20m	US$2m	US$5b
Sep 30 2021	n/a	n/a	US$8b
Jun 30 2021	n/a	n/a	US$8b
Mar 31 2021	n/a	n/a	US$8b
Dec 31 2020	US$20m	US$2m	US$8b
Sep 30 2020	n/a	n/a	US$5b
Jun 30 2020	n/a	n/a	US$5b
Mar 31 2020	n/a	n/a	US$5b
Dec 31 2019	US$19m	US$2m	US$5b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$3b
Dec 31 2018	US$19m	US$1m	US$3b
Sep 30 2018	n/a	n/a	US$3b
Jun 30 2018	n/a	n/a	US$3b
Mar 31 2018	n/a	n/a	US$3b
Dec 31 2017	US$18m	US$1m	US$2b

Compensation vs Market: David's total compensation ($USD21.05M) is above average for companies of similar size in the UK market ($USD5.70M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Cordani (59 yo)

16.4yrs

Tenure

US$21,047,255

Compensation

Mr. David Michael Cordani serves as Chair of the Board at The Cigna Group (formerly known as Cigna Corporation) since January 01, 2022. He has been the Chief Executive Officer and President of The Cigna Gr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Cordani	President	16.4yrs	US$21.05m	0.22% $ 197.1m
Brian Evanko	Executive VP	3.8yrs	US$7.79m	0.015% $ 13.5m
Noelle Eder	Executive VP & Global Chief Information Officer	4.2yrs	US$5.27m	0.0061% $ 5.4m
Nicole Jones	Executive VP	13.4yrs	US$5.21m	0.010% $ 9.2m
Eric Palmer	Executive Vice President of Enterprise Strategy	less than a year	US$8.93m	0.020% $ 18.1m
Jamie Kates	Chief Accounting Officer	less than a year	no data	0.00044% $ 394.6k
Ralph Giacobbe	Senior VP & Head of Investor Relations	2.8yrs	no data	no data
Kari Stevens	Executive VP	no data	no data	no data
Jason Sadler	President of International MArkets & President of International Health Cigna Healthcare	10.4yrs	US$3.53m	0.015% $ 13.1m
Christopher DeRosa	President of U.S. Government - Healthcare's Medicare & Individual & Family Plan (IFP) Businesses	1.4yrs	no data	no data
Phil Austin	Head of Strategy & Global Business Development for Cigna International Markets	4.7yrs	no data	no data
Dean Mirabella	President and GM of Florida & Caribbean Markets	11.2yrs	no data	no data

4.2yrs

Average Tenure

53yo

Average Age

Experienced Management: 0A77's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Cordani	President	15.1yrs	US$21.05m	0.22% $ 197.1m
Donna Zarcone	Independent Director	19.8yrs	US$337.78k	0.0053% $ 4.8m
Eric Foss	Independent Director	13.3yrs	US$335.28k	0.013% $ 11.4m
Eric Wiseman	Lead Independent Director	17.6yrs	US$360.28k	0.0015% $ 1.4m
Kimberly Ross	Independent Director	4.4yrs	US$337.78k	0.0014% $ 1.2m
Kathleen Mazzarella	Independent Director	5.9yrs	US$335.28k	0.0020% $ 1.8m
William DeLaney	Independent Director	5.9yrs	US$310.28k	0.0063% $ 5.7m
Mark McClellan	Independent Director	5.9yrs	US$310.28k	0.0020% $ 1.8m
Philip Ozuah	Independent Director	1.4yrs	US$248.50k	0.00042% $ 376.7k
Elder Granger	Independent Director	5.9yrs	US$335.28k	no data
George Kurian	Independent Director	3.7yrs	US$310.28k	0.0011% $ 1.0m
Neesha Hathi	Independent Director	3.2yrs	US$310.28k	0.00098% $ 879.0k

5.9yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 0A77's board of directors are considered experienced (5.9 years average tenure).

Cigna Group Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

The Cigna Group, Annual General Meeting, Apr 24, 2024

the Cigna Group Announces Intention to Retire of Mary Agoglia Hoeltzel as Senior Vice President and Chief Accounting Officer, Effective from July 1, 2024

The Cigna Group Announces Management Changes

Cigna Healthcare Appoints Hisham Radwan as Chief Executive Officer of Cigna Insurance Saudi Arabia

Cigna Healthcare Appoints Hisham Radwan as Chief Executive Officer of Cigna Insurance Saudi Arabia

Recent updates

Biohealth Medical Laboratory, Inc. and PB Laboratories, LLC Provides an Legal Update

Third quarter 2024 earnings released: EPS: US$2.65 (vs US$4.79 in 3Q 2023)

Second quarter dividend of US$1.40 announced

Cigna Healthcare Offers Medicare Customers Value, Stability and Choice with 2025 Plans

Insufficient new directors

Second quarter 2024 earnings released: EPS: US$5.51 (vs US$4.96 in 2Q 2023)

First quarter dividend of US$1.40 announced

The Cigna Group Declares Quarterly Dividend, Payable on September 19, 2024

Upcoming dividend of US$1.40 per share

The Cigna Group to Report Q3, 2024 Results on Oct 31, 2024

First quarter 2024 earnings released: US$0.97 loss per share (vs US$4.29 profit in 1Q 2023)

Fourth quarter dividend of US$1.40 announced

The Cigna Group Declares Quarterly Dividend, Payable on June 20, 2024

National Center for Public Files an Exempt Solicitation Statement and Request Vote for the Proposal

The Cigna Group, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings released: EPS: US$17.57 (vs US$21.66 in FY 2022)

Upcoming dividend of US$1.40 per share

Fourth quarter dividend increased to US$1.40

Full year 2023 earnings released: EPS: US$17.61 (vs US$21.54 in FY 2022)

The Cigna Group Provides Earnings Guidance for the Fiscal Year 2024

The Cigna Group Declares Cash Quarterly Dividend, Payable on March 21, 2024

the Cigna Group Announces Intention to Retire of Mary Agoglia Hoeltzel as Senior Vice President and Chief Accounting Officer, Effective from July 1, 2024

The Cigna Group Announces Management Changes

Investor sentiment improves as stock rises 15%

Cigna Reportedly Ends Humana Merger Talks

Cigna, Humana Reportedly in Talks for Merger

Cigna Healthcare Appoints Hisham Radwan as Chief Executive Officer of Cigna Insurance Saudi Arabia

Cigna Healthcare Appoints Hisham Radwan as Chief Executive Officer of Cigna Insurance Saudi Arabia

Upcoming dividend of US$1.23 per share at 1.7% yield

The Cigna Group to Report Q2, 2024 Results on Aug 01, 2024

Cigna Reportedly Explores Shedding Medicare Advantage Business

Third quarter 2023 earnings released: EPS: US$4.79 (vs US$9.07 in 3Q 2022)

The Cigna Group Declares Quarterly Dividend, Payable on December 21, 2023

Cigna Healthcare Expands 2024 Medicare Advantage Plans Offering Customers More Variety and Value

The Cigna Group to Report Q1, 2024 Results on May 02, 2024

Cigna Healthcare Launches New Global Health Benefits Plan for Adults Aged 60+

Upcoming dividend of US$1.23 per share at 1.7% yield

Insider recently sold US$2.3m worth of stock

Second quarter 2023 earnings released: EPS: US$4.96 (vs US$4.95 in 2Q 2022)

The Cigna Group Declares Quarterly Dividend, Payable on September 21, 2023

The Cigna Group Announces Executive Changes

Upcoming dividend of US$1.23 per share at 2.0% yield

First quarter 2023 earnings released: EPS: US$4.28 (vs US$3.71 in 1Q 2022)

Upcoming dividend of US$1.23 per share at 1.7% yield

Full year 2022 earnings released: EPS: US$21.54 (vs US$15.88 in FY 2021)

Cigna Corporation to Report Q3, 2023 Results on Nov 02, 2023

Cigna Corporation Declares Cash Dividend, Payable on March 23, 2023

Upcoming dividend of US$1.12 per share

Cigna Corporation to Report Q2, 2023 Results on Aug 03, 2023

Third quarter 2022 earnings released: EPS: US$9.07 (vs US$4.84 in 3Q 2021)

Cigna Corporation Declares Quarterly Dividend, Payable on December 21, 2022

Cigna Corporation to Report Q4, 2022 Results on Feb 03, 2023

Cigna Transforms Care Experience for Patients with Complex Conditions with Launch of Full Spectrum, Cost-Saving Products

BrainsWay Announces Significant Private Insurance Coverage from Cigna Corporation for the Treatment of OCD Utilizing Deep TMS

Cigna Corporation Appoints David Brailer as Executive Vice President and Chief Health Officer

Upcoming dividend of US$1.12 per share

Cigna Corporation Names Jerome Droesch as the Chief Executive Officer of Domestic Health and Health Services for All of Cigna International Markets Business Outside of the US

Second quarter 2022 earnings released: EPS: US$4.95 (vs US$4.30 in 2Q 2021)

Cigna Corporation Declares Quarterly Dividend, Payable on September 22, 2022

Chubb Life Insurance Company Ltd. acquired Life Insurance Operations of Cigna from Cigna Corporation (NYSE:CI).

Chubb Limited (NYSE:CB) acquired A&H and life business in Six Asia-Pacific Markets and Interest in Cigna Finans Emeklilik ve Hayat A.S. from Cigna Corporation (NYSE:CI) and Cigna Nederland Gamma B.V.

Upcoming dividend of US$1.12 per share

First quarter 2022 earnings released: EPS: US$3.71 (vs US$3.33 in 1Q 2021)

Cigna Corporation Declares Quarterly Dividend, Payable on June 23, 2022

Upcoming dividend of US$1.12 per share

Cigna Corporation Announces Executive Changes

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Cigna Corporation Appoints Charles Berg as President of U.S. Government Business & Senior Advisor Leading Medicare Advantage and Individual & Family Plans

President of Government & Solutions Matthew Manders has left the company