Executive Vice President and Chief Financial Officer (CFO)
Thomas A. McCarthy was named Executive Vice President and Chief Financial Officer in July 2013. He has executive leadership responsibility for all of Cigna's financial operations and functions, as well as for Cigna's investment management and strategic planning units.
He has over 30 years’ experience in health care and insurance services, including more than 25 years with Cigna in various financial and operational assignments.
Before being named CFO, he served as Vice President of Finance with responsibility for treasury, tax, strategy and corporate development, and management of run-off reinsurance operations. Tom and his team lead a number of key initiatives, including launching Cigna's Go Deep, Go Global, Go Individual strategy; the acquisitions of Great West Healthcare, Vanbreda International and HealthSpring; and the transaction with Berkshire-Hathaway to complete the exit of Cigna's run-off reinsurance business.
Other previous roles include interim Chief Financial Officer, Vice President and Treasurer, Senior Vice President of Cigna Risk Solutions, Financial Officer for Cigna Integrated Care, Financial Officer for Cigna's large risk property/casualty business, and various capital management and corporate finance roles in Cigna Treasury.
He first joined Cigna in 1980, left to join USAA in 1985, and returned to Cigna in 1986. In 1999, he joined Kemper Insurance, where he was responsible for a profit center marketing alternative risk products, until 2003, when he rejoined Cigna.
He received his undergraduate degree from the Wharton School of the University of Pennsylvania and an MBA from Carnegie Mellon University.