Issue link: https://nebusinessmedia.uberflip.com/i/1008197
18 Hartford Business Journal • July 30, 2018 • www.HartfordBusiness.com Movers & Shakers Six new officers have begun their terms at the Connecticut Bar Association, including President Jonathan M. Shapiro, who succeeds outgoing president Karen DeMeola. Other new officers include President- elect Ndidi N. Moses, Vice President Amy Lin Meyerson, Secretary Dahlia Grace, Treasurer Vincent P. Pace and Assistant Secretary-Treasurer Aidan R. Welsh. Temporary staffing agency United Personnel made two new hires as part of its Connecticut expansion. Nancy Scirocco Nesbitt will serve as United Personnel's vice president of business development for the Connecticut region. She most recently worked as vice president for government and not-for-profit banking at Webster Bank. Brandon Houston was hired as United Personnel's director of client services. He will lead the expansion of the firm's information technology division. Eileen Keegan was hired as vice president of wealth management at Janney Montgomery Scott LLC's Glastonbury branch office. Keegan was previously affiliated with Wells Fargo Advisors, and received her bachelor's degree from the University of Hartford. The Bridge Family Center appointed two new members to its board of directors. Kathleen Christensen, a director at Connecticut Wealth Management, and Peter Macdonald, a vice president of workers' compensation claims at The Hartford, will both serve three-year terms. Brian Mulligan has been promoted to vice president of sales at Kelser Corp., a Glastonbury-based IT consulting firm. The promotion is Mulligan's second since joining the firm last year. He previously held positions at AT&T, Comcast and Frontier. Daniel Bonelli has been promoted to vice president of finance in the Western New England region at Comcast. Bonelli's responsibilities include overseeing financial operations including finance and accounting; warehouse and materials; information technology; facilities; security; fleet management; and environmental health and safety. Foodshare has welcomed seven members to its board of directors. New board members include G. Duncan Harris, Katherine J. Hunlock, Marlisa Simonson, Molly Devanney, Tiffany Hubbard, Emmanuel Sanchez and Ana Valentin-Jackson. Andrew "Drew" Williams joined Chelsea Groton Bank's lending center in Glastonbury as a retail loan officer. In his new position, Williams will work with clients throughout East Hartford, Glastonbury, Windsor and Greater Hartford in need of a variety of lending from traditional mortgages, to first- time homebuyer and affordable lending programs, to specialty financing and home-equity loans. Andy Hart has been named Hartford Public Library's director of communications. Hart is a Hartford resident with more than 25 years of experience in journalism, design and photography. Jonathan M. Shapiro Amy Lin Meyerson Vincent P. Pace Ndidi N. Moses Nancy Scirocco Nesbitt Dahlia Grace Aidan R. Welsh Eileen Keegan Kathleen Christensen Brandon Houston Corporate Profile Cigna 900 Cottage Grove Road, Bloomfield, CT 06002 | www.cigna.com Cigna Corp. is a health insurance company that pro- vides insurance and related products and services in the United States and internationally. 2015 2016 2017 $0 $10,000 $20,000 $30,000 $40,000 $50,000 In millions of dollars Profits Revenues $2.1B $1.9B $2.2B $37.9B $39.7B $41.6B News Headlines ■ ■ In May, Cigna's spot on the Fortune 500 list dropped three spots to No. 73 with annual revenue of $41.6 billion. ■ ■ Cigna announced plans in March to buy pharmacy-benefit manager Express Scripts in a cash-stock deal valued at $67 billion, including debt worth $15 billion. ■ ■ Cigna CEO David Cordani's 2017 pay package of $17.6 million was 279 times higher than that of the average employee, one of the highest pay-ratio gaps among Connecticut companies. Corporate suite Stock Non-equity Exec. Salary Bonus Awards Incentive Total David M. Cordani President/CEO $1,284,615 $0 $6,513,698 $4,000,000 $17,595,792 Nicole S. Jones EVP and General Counsel $601,810 $0 $966,654 $1,054,000 $3,470,939 Eric Palmer EVP/CFO $594,769 $0 $1,161,994 $975,000 $3,059,918 Profits and Revenues Fact box Industry: Healthcare plans 1Q 2018 Revenue: $11.4B 1Q 2018 Net Income: $917M 1Q 2017 Net Income: $593M Quarterly Profit Change: $324M Cash: $2.8B Employees: 46,000 Competitors: United Health Anthem Aetna Stock watch Ticker Symbol CI Market Cap $42.37B 52 Week Range Price $163.02-$227.13 Outstanding Shares 243.8M Top institutional investors Shares % Stake T. Rowe Price 17,756,569 7.31 Vanguard Group Inc. 17,289,066 7.12 Blackrock Inc. 17,155,180 7.06 David M. Cordani, CEO/president