The company said Brian C. Evanko will take on the role of President and Chief Executive Officer, Cigna Healthcare, in addition to his existing role as Executive Vice President and Chief Financial Officer, effective on January 17, 2024 and February 5, 2024.

1. 01

   The company said Brian C. Evanko will take on the role of President and Chief Executive Officer, Cigna Healthcare, in addition to his existing role as Executive Vice President and Chief Financial Officer, effective on January 17, 2024 and February 5, 2024.

2. 02

   Eric P. Palmer, currently President and Chief Executive Officer, Evernorth Health Services, will also serve as Executive Vice President for Enterprise Strategy, taking on enterprise strategy and corporate development, effective February 5, 2024, the company said.

3. 03

   Cigna said the People Resources Committee of its Board of Directors approved compensation changes on January 16, 2024 to reflect the expansion of the two executives' roles and responsibilities. Both executives received offer letters and will continue to be eligible to participate in the company's employee benefit plans.

4. 04

   The company said it offered Evanko and Palmer a base salary of $1,000,000 effective February 5, 2024, an 2024 Enterprise Incentive Plan annual target of $2,000,000, and an 2024 Long-Term Incentive annual target of $6,000,000.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.