Cigna Corp CEO David Cordani's 2018 pay rises 8% to $19M
Cigna Corp reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
Cigna Corp reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, eight Cigna Corp executives received on average a compensation package of $6.8M, a 17% increase compared to previous year.
Average pay of disclosed executives at Cigna Corp
David M. Cordani, Chief Executive Officer, received $19M in total, which increased by 8% compared to 2017. 35% of Cordani's compensation, or $6.7M, was in stock awards. Cordani also received $4.5M in non-equity incentive plan, $6M in option awards, $1.5M in salary, as well as $277K in other compensation.
For fiscal year 2018, the median employee pay was $63,526 at Cigna Corp. Therefore, the ratio of David M. Cordani's pay to the median employee pay was 298 to one.
Timothy C. Wentworth, President, Express Scripts & Cigna Services, received a compensation package of $8.9M. 99% of the compensation package, or $8.8M, was in other compensation.
Alan M. Muney, Chief Medical Officer, earned $5.9M in 2018.
Christopher J. Hocevar, Former President, Strategy, Segments & Solutions, received $5.4M in 2018, which increases by 98% compared to 2017.
Eric P. Palmer, Chief Financial Officer, earned $4.8M in 2018, a 56% increase compared to previous year.
Nicole S. Jones, General Counsel, received $4M in 2018, which increases by 16% compared to 2017.
Jason D. Sadler, President, International Markets, earned $3.5M in 2018, a 18% increase compared to previous year.
Matthew G. Manders, President, Strategy and Solutions, received $2.7M in 2018, which decreases by 45% compared to 2017.
Related executives
David Cordani
Cigna Corp
Chief Executive Officer
Eric Palmer
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Chief Financial Officer
Nicole Jones
Cigna Corp
General Counsel
Jason Sadler
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President, International Markets
Timothy Wentworth
Cigna Corp
President, Health Services
Christopher Hocevar
Cigna Corp
Former President, Strategy, Segments & Solutions
Alan Muney
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Matthew Manders
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Source: SEC filing on March 15, 2019.