BLOOMFIELD, Conn., 23 February, 2017 - Cigna Corporation (NYSE: CI) has promoted three key leaders to its enterprise leadership team (ELT) effective immediately. A fourth executive will join the ELT later this year upon the departure of current Chief Financial Officer (CFO) Thomas McCarthy, whose retirement was also announced. The enterprise leadership team reports directly to Cigna President and CEO David Cordani.
“These moves reflect thoughtful succession planning and bring leaders who represent Cigna’s best qualities to our enterprise leadership team, giving these seasoned executives the opportunity to contribute to our success story in new ways,” said Cordani. “It also serves as a testament to Cigna’s proven approach to leadership development and succession.”
The new appointments announced today include:
Cigna also announced today that Chief Marketing Officer Lisa Bacus, who leads Cigna’s global marketing organization and serves on the ELT, will also assume responsibility for the company’s U.S. service operations organization and take on the new title of Chief Marketing and Customer Officer.
In addition, Matthew Manders will continue to serve on the ELT and take on the new role of President, Government & Individual Programs and Group Insurance, now focusing on four critical businesses: Seniors (Cigna-HealthSpring), Individual and Family Plans, Group Insurance and Care Allies. Matt has a strong track record of building and growing businesses in his 30 years with Cigna, and he will bring key operating expertise to the businesses in our portfolio that can most benefit from his leadership.
Thomas McCarthy was named Executive Vice President and Chief Financial Officer for Cigna in July 2013. He has nearly 40 years of health care experience, including 33 years with Cigna. Tom will retire from Cigna this summer.
The other members of the ELT continue in their existing roles: Mark Boxer as Executive Vice President and global Chief Information Officer; Nicole Jones as our General Counsel; John Murabito as Executive Vice President, Human Resources and Services; and Jason Sadler as President, International Markets.
“These additions to my leadership team bring greater focus as we seek to bring increased value to our customers and clients,” Cordani added. “These leaders have been responsible for a great deal of our success as we have driven our local market strategy, made health care more personal and affordable, and designed and delivered more customer-centric products and services. These changes further emphasize the strategies that have helped make Cigna the market leader.”
Cigna Corporation (NYSE: CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and Cigna Life Insurance Company of New York. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products including group life, accident and disability insurance. Cigna maintains sales capability in 30 countries and jurisdictions, and has more than 90 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
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