CIGNA CORPORATION

(CI)
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Delayed Nyse  -  04:00 2022-06-29 pm EDT
267.34 USD   +0.42%
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Cigna Corporation Announces Management Changes

09/23/2021 | 06:00am EDT

Cigna Corporation announced several new leadership roles and positions to drive accelerated growth across its diverse business portfolio. Eric Palmer has been named president and chief executive officer of Evernorth, effective January 1, 2022. In this role, Palmer will have oversight of Evernorth's pharmacy solutions, care coordination and delivery, benefits management, and intelligence businesses. Since his appointment as president and chief operating officer in January 2021, Evernorth has delivered on its strategy and experienced meaningful growth, fueled by its recent expansion of services, partnership with Prime Therapeutics, and recent acquisition of the leading virtual health company, MDLIVE. Paul Sanford has been named executive vice president, operations of Cigna Corporation. In this newly-created role, Sanford will join the enterprise leadership team overseeing customer service operations, health care provider services, and overall operational effectiveness. Sanford has been with Cigna for more than 20 years and has led several of the company's largest-scale initiatives, including the integration of Cigna and Express Scripts and the company's accelerated transition to its Agile-based business model. Noelle Eder's Role Expands to Oversee Global Data, Analytics, and Automation as Executive Vice President and Global Chief Information Officer, Cigna Corporation. Noelle Eder is assuming an expanded leadership role overseeing global data and analytics and automation functions, in addition to her current responsibilities as global chief information officer. Everett Neville's Role Expands to Executive Vice President, Strategy, Corporate Development and Solutions, Cigna Corporation: Everrett Neville is taking an expanded leadership role as executive vice president of strategy, corporate development and solutions. Aparna Abburi and Lisa Lough to Continue Leadership of U.S. Government Business, Cigna Corporation: Aparna Abburi, president of Medicare, Cigna Corporation, and Lisa Lough, vice president of Individual and Family Plans, Cigna Corporation, will continue to lead the growth of Cigna's U.S. Government business. Tim Wentworth, CEO of Evernorth, Matt Manders, President, Government and Solutions, Cigna Corporation, and Dr. Steve Miller, Chief Clinical Officer, Cigna Corporation, to Retire: Current enterprise leadership team members Tim Wentworth, chief executive officer, Evernorth; Matt Manders, president, government and solutions, Cigna Corporation; and Dr. Steve Miller, chief clinical officer, Cigna Corporation are set to retire by the end of 2021.


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All news about CIGNA CORPORATION
06/24Meta, Disney, Netflix, Others to Cover Employees' Abortion Travel Costs After Supreme C..
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 1000 Growth Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 1000 Defensive Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell Top 200 Growth Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 1000 Value-Defensive Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 3000E Growth Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 3000 Growth Index
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06/24CIGNA CORPORATION(NYSE : CI) added to Russell 1000 Growth-Defensive Index
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Financials (USD)
Sales 2022 179 B - -
Net income 2022 5 245 M - -
Net Debt 2022 26 932 M - -
P/E ratio 2022 15,6x
Yield 2022 1,60%
Capitalization 84 820 M 84 820 M -
EV / Sales 2022 0,62x
EV / Sales 2023 0,58x
Nbr of Employees 72 963
Free-Float 79,2%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 267,34 $
Average target price 296,09 $
Spread / Average Target 10,8%
EPS Revisions
Managers and Directors
David Michael Cordani Chairman, President & Chief Executive Officer
Brian C. Evanko Chief Financial Officer & Executive Vice President
Noelle K. Eder Global Chief Information Officer & Executive VP
Paul Sanford Executive Vice President-Operations
William J. DeLaney Independent Director
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