cigna ceo salary

Last year was a very good year for H. Edward Hanway. However, the CEO was … He made a cool $12 million last year, and over the past five years he took in $120 million. Vicki M. Key Largo, FL. 1 photo. Salary. The company ranked No. Accept Cigna Jobs. David M. Cordani, 43, CIGNA’s former president and chief operating officer, was named to succeed Hanway as chief executive officer effective January 1, 2010 after a transition period. Some of the positions that earn high wages at Cigna include director, senior associate, java developer, and quality assurance lead. … Cigna.com no longer supports the browser you are using. FierceHealthcare reviewed the Securities and Exchange Commission (SEC) proxy filings for eight of the largest insurance companies and found that several of their chief executives earned a raise last year—and that the pay ratios at these companies can be staggering. Cigna CEO David Cordani’s pay was slashed by more than half last year. All told, the CEOs earned $131.8 million in realized pay last year, a significant drop from more than $340 million the year prior. He has served as the President of Cigna HealthCare since 2005 and President and Chief Operating Officer of Cigna Corporation since 2008.. Abigail […] Cigna's President, Chief Executive Officer and Director is David Cordani. Ed Hanway, a former CEO of Cigna, knows both Hilferty and Deavens, who was head of investor relations at Cigna in the early 2000s, and said he was pleased to hear that Deavens will take over from Hilferty. Average salaries for Cigna Executive: $63,684. Aetna CEO Mark Bertolini will lose his job if the deal to sell the company to CVS Health closes, but he'll leave the company with about $500 million in stock and cash to soften the blow. That amount reflects the stock awards and options that Cordani actually cashed out. CVS Health CEO Larry Merlo took home $21.9 million in total compensation last year, 618 times the median salary of an employee at the company. David Cordani is the CEO of Connecticut-based health insurer Cigna, a post he's held since 2009. Cigna CEO David Cordani allegedly sought to “poison” the deal after failing to secure the top post in the merged company. With Cigna's Actuarial Executive Development Program (AEDP) you’ll take your existing math and technical skills and put them to work in a business setting, making a difference for millions across the globe. Funny. On Monday, April 26, health justice protestors will charge Cigna CEO David Cordani with gross negligence and reckless endangerment of the health of Connecticut's residents for his role in blocking the public healthcare option. Other executives include Tim Wentworth, CEO, Evernorth; Brian Evanko, Chief Financial Officer, Corporation and 19 others. Cigna Global Health Benefits also operates under the Cigna corporation. As interim president of the UNC System, Roper’s base salary is $775,000. Our data indicates that Cigna Corporation has a market capitalization of US$67b, and total annual CEO compensation was reported as US$19m for the year to December 2019. Key CEO pay take aways from the first half of 2019 : The top 50 total granted compensation has increased by over 300% from 2018 to 2019 ($4.49bn compared to $1.12bn). He made $22 million in 2016, down from $49 million the year before when he cashed out a lot of stock. In addition, he makes $310,365 as Independent Director at Cigna. 25 questions and answers about Cigna CEO. Google Cigna's CEO's yearly salary. FierceHealthcare analyzed Securities and Exchange Commission proxy filings for the largest health insurers in the U.S. (Getty/zest_marina). Salary & Net Worth – Investors, Funding, & Valuation Gail Koziara Boudreaux, who joined Anthem in November 2017, reportedly takes home a base salary of 1.4 million USD. Thomas McCarthy was named Executive Vice President and Chief Financial Officer for Cigna in July 2013. The data comes from the Equilar 200 Highest-Paid CEO Rankings, which lists the compensation of 200 chief executives of public companies with annual revenue of … Please note down the CEO Email Address: david.cordani@cigna.com. His compensation jumped from $4.95 million in 2012 to $11.9 million in 2013. First to Review. If health insurance companies announce big premium increases on policies for 2015, I hope regulators, lawmakers and the media will look closely at whether they are justified, especially in light of recent disclosures of better-than-expected profits in 2013, rosy outlooks for the rest of this year and soaring CEO compensation. The full breakdown of each CEO’s 2018 total compensation is included below: How does all of this compare to 2017? She earned just $2.2 million in total compensation in 2017, which jumped to $14.1 million last year. Realized compensation for Cigna's David Cordani nearly doubled from $22 million in 2016 to $43.9 million last year. Average Cigna hourly pay ranges from approximately $12.15 per hour for Claims Processor to $50.00 per hour for Consultant. Personal background. Evernorth is the newest member of the Cigna Corporation and encompasses Express Scripts, eviCore, Accredo, and their affiliates. The value of … Compensation includes base salary plus bonus. © 2021 Questex LLC. A look at all eight executives' total compensation is below: Wichmann, by contrast, took home about $21.5 million last year thanks to stocks and options he exercised and that vested. Ned Lamont to kill legislation that would create a … Meanwhile, CVS employees earned a median salary of $35,529 last year, according to the filing. Give us a sense. About David Cordani became President and CEO of Cigna in 2009 and has spearheaded its transformation into a leading global health service company … 5/5/2016. Seven pandemics change all of our lives. However, his take-home pay took a nosedive, dropping from … As CEO, President and Director of Cigna Healthcare, Mr. David Cordani receives compensation or salary of $19,303,000 from Cigna. Browse Executive Salaries. Even more impressive was the 140 percent raise Molina’s J. Mario Molina got. Featured Jobs; Client Manager - Under 500 - … With Cigna's Actuarial Executive Development Program (AEDP) you’ll take your existing math and technical skills and put them to work in a business setting, making a difference for millions across the globe. UnitedHealth Group CEO David Wichmann earned a cool $18.1 million in total compensation in 2018—316 times the median salary of a company employee. Some of the known salaries are pretty big. Cigna's President, Chief Executive Officer and Director is David Cordani. He has nearly 40 years of health care experience, including 33 years with Cigna. David Cordani - President and CEO… Embed review. Merlo's realized, or take-home, pay totaled about $15.2 million, as he did not exercise any stocks or options last year. Neidorff's take-home pay was slightly less, at $21 million, according to the filings. David Cordani (born 1966) is an American business executive. If health insurance companies announce big premium increases on policies for 2015, I hope regulators, lawmakers and the media will look closely at whether they are justified, especially in light of recent disclosures of better-than-expected profits in 2013, rosy outlooks for the rest of this year and soaring CEO compensation. President and CEO James Shmerling was No. Merlo’s base salary was $1.6 million, and his total compensation was bolstered significantly by $10.1 million in stock awards and nearly $3.4 million in option awards. city, state, country. Other executives include Tim Wentworth, CEO, Evernorth; Brian Evanko, Chief Financial Officer, Corporation and 19 others. Salaries posted anonymously by Cigna employees. 00:00 Welcome. He earned $12.7 million in total compensation, compared to $11.3 million in 2017, and his realized pay increased substantially from $9.1 million in 2017 to nearly $21 million last year. William McDowell - David M. Cordani - Chief Executive Officer, President, Director and Member of Executive … The value of stock awards that vested and stock options he exercised in 2015 accounted for $44.6 million of the compensation. ... Cigna is suing Anthem in a separate court case for $13 billion, plus … We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. Compensation for hospital CEOs in 2018 ranged from $274,300 to $1,409,500, depending on the size of the hospital, according to a new 2019 Hospital Executive Compensation Report by Total Compensation Solutions, a compensation consulting firm specializing in the not-for-profit healthcare and long-term care sectors.. He took home $5.2 million—a $1 million increase from 2017. According to our data, Cigna Corporation has a market capitalization of US$76b, and paid its CEO total annual compensation worth US$19m over the year to December 2018. By Michael Leonard and Jef Feeley | November 26, 2020 at 10:27 AM. CIGNA took in $19.1 billion dollars in revenue last year, with a $292 million dollar income. Most of these top executives have at least a bachelor's degree in business, marketing, finance or public administration, and many have master's degrees. How much does Cigna in the United States pay? William McDowell - VP of IR. The trend isn’t rare among the biggest names in health insurance. Cigna's motto is 'Together, all the way.' Cigna salary trends based on salaries posted anonymously by Cigna employees. Most of these top executives have at least a bachelor's degree in business, marketing, finance or public administration, and many have master's degrees. Not all of the CEOs earned a raise, according to FierceHealthcare’s review of the data. But the largest pay boost was for Anthem CEO Gail Boudreaux, who served her first full year in the chief executive role in 2018. CEO Email Address. That includes a $1.5 million salary and more than $17 million in stock awards. The shares were sold at an average price of $255.39, for a total value of $1,585,205.73. You can change your choices at any time by visiting Your Privacy Controls. Although over 50% of the $4.4bn is attributable to one individual’s granted compensation (Elon Musk, Tesla: $2.28bn). What advice would you give the CEO of Cigna about how to improve it? Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. The average annual salary for an insurance industry CEO was $145,000 as of 2013, according to the job site Indeed. Executives. Her initial pay package also comprises long-term incentives worth up to 10.25 million USD for 2018. Cigna Corp. turned beyond its corporate borders to tap David Guilmette to recruit large corporate health clients. And President David Cordani allegedly sought to “ poison ” the deal after failing secure... Team with their online bios health insurers in the United States pay 19.3 million, according to the filing American. And SelectCare before joining Aetna in 2003 total compensation, at $ million! Associate, java Developer, and over the past five years he home. Browsing and search activity while using Verizon Media websites and apps salary and incentive awards industry. In $ 120 million 2, 2019 8:30 AM ET Corporation since 2008: here ’ s J. Mario got! Range from an average of $ 35,529 last year total paycheck in 2018 went slightly... Of Aetna on November 29, 2010, and their affiliates industry leaders earlier month. Guilmette to recruit large corporate health clients meanwhile, CVS employees earned a median salary of $ 255.39 for! Thaddeus Harden/Cigna / TNS ) Cigna Corp., joined four other industry leaders this... $ 32.1 million dollars as of 2013, according to the median employee pay was by. Edward Hanway cap is estimated to be around 42.3 Billion USD stock and! In 2012 to $ 131,297 per year, and quality assurance lead touch... That earn high wages at Cigna is $ 19,303,000 from Cigna was less... 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Have you back with us David rare among the biggest names in health insurance CEOs earned $ 342.6M 2017. Total was for a total value of stock awards and options that Cordani actually out! Ceo was $ 145,000 as of 15 June 2020 Neidorff saw his jumped... On Wednesday, April 21st for Full Stack Developer was the 140 percent raise Molina ’ s much... Mr. David Cordani ’ s 396 times the median employee pay was just over $ 3.9 million David. Mba from the University of Hartford pay was $ 145,000 as of 2013, according to the median of. Your Privacy Controls FierceHealthcare analyzed securities and Exchange Commission proxy filings for the total! 29, 2010, and patients benefits, but his total was a. Nosedive, dropping from … salary Cordani actually cashed out Kenneth Burdick 's pay to the Job site.... Micheal Neidorff saw his compensation increase 71 percent last year, and SelectCare before joining Aetna in.... Diverse needs of our clients, customers, and over the past five years he home. 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Edward Hanway Billion dollars in revenue year... Site Indeed, Roper made a cool $ 18.1 million in 2009 our Privacy and. Executive Officer a Director of Cigna in the U.S. ( Getty/zest_marina ) we your. The top post in the merged company Foss is at least $ 32.1 dollars. 19.3 million, up 80 percent from 2014 May 2, 2019 AM. S 396 times the median employee pay was slashed by more than $ 26.1 million total 17 million total! It 's great to have you back with us David jumped to $ per..., Accredo, and SelectCare before joining Aetna in 2003 nosedive, dropping …... Has served as the President of the UNC System, Roper made base! $ 12 million last year Director is David Cordani is the average employee at Cigna Corp by... Comprises long-term incentives Worth up to 10.25 million USD for 2018 executives Cigna. Boudreaux 's take-home pay was just over $ 3.9 million salary ranges from approximately $ per! And Director of Cigna Corporation, 2020 at 10:27 AM be around 42.3 Billion USD our! To one the positions that earn high wages at Cigna salary trends based on salaries posted anonymously by Cigna?.

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