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Cigna logoCigna CI

The Cigna Group said it appointed Jamie Kates as Chief Accounting Officer on June 14, 2024, with Ms. Kates serving as the company's principal accounting officer effective July 1, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The Cigna Group said it appointed Jamie Kates as Chief Accounting Officer on June 14, 2024, with Ms. Kates serving as the company's principal accounting officer effective July 1, 2024.

  2. Ms. Kates, 44, has served as Vice President, Accounting, since October 2021, managing the accounting, compliance and consolidation functions for Evernorth Health Services. The company said she joined Cigna in 2009 and is a Certified Public Accountant.

  3. Before that, the company said, Ms. Kates served as Managing Director, Accounting, from January 2019 through October 2021, managing the accounting and compliance functions for Evernorth Health Services.

  4. Under an offer letter, the company said Ms. Kates will receive an annual base salary of $400,000. Her 2024 Enterprise Incentive Plan annual target will be 50% of her base salary, prorated for time in role, and her 2025 Long-Term Incentive target will be $300,000.

Summary

AI-written

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.

Jamie Kates Named Chief Accounting Officer

The Cigna Group said it appointed Jamie Kates as Chief Accounting Officer on June 14, 2024, with Ms. Kates serving as the company's principal accounting officer effective July 1, 2024.

Source · Based on the filing body and exhibits

Ms. Kates's Background and Credentials

Ms. Kates, 44, has served as Vice President, Accounting, since October 2021, managing the accounting, compliance and consolidation functions for Evernorth Health Services. The company said she joined Cigna in 2009 and is a Certified Public Accountant.

Source · Based on the filing body and exhibits

Ms. Kates's Prior Roles

Before that, the company said, Ms. Kates served as Managing Director, Accounting, from January 2019 through October 2021, managing the accounting and compliance functions for Evernorth Health Services.

Source · Based on the filing body and exhibits

Ms. Kates's Compensation Terms

Under an offer letter, the company said Ms. Kates will receive an annual base salary of $400,000. Her 2024 Enterprise Incentive Plan annual target will be 50% of her base salary, prorated for time in role, and her 2025 Long-Term Incentive target will be $300,000.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.