18 Hartford Business Journal • May 27, 2019 • www.HartfordBusiness.com
Corporate
Profile
Cigna Corp.
900 Cottage
Grove Road,
Bloomfield, CT,
06002
www.cigna.com
Cigna Corp. sells
health insurance
and related prod-
ucts and services
in the United States
and internationally.
2016 2017 2018
$0
$10
$20
$30
$40
$50
In
billions
of
dollars
Profits Revenues
$1.8B
$2.2B
$2.6B
$40B
$42B
$48.6B
News Headlines
■ ■ Cigna announced in April that it is one
of the founding partners and sponsors
of the Hartford Athletic, Hartford's new
professional soccer team.
■ ■ Cigna is seeking a tax abatement from
the town of Bloomfield as part of a plan
to spend $90 million upgrading its Wilde
Building headquarters, according to the
Hartford Courant.
■ ■ Corporate Responsibility Magazine
recently named Cigna to its 20th annual
100 Best Corporate Citizens ranking.
Corporate suite
Stock Non-equity
Exec. Salary Bonus Awards Incentive Total
David M. Cordani
President/CEO $1,476,923 $0 $6,690,036 $4,500,000 $18,944,045
Eric P. Palmer
Executive VP/CFO $701,981 $0 $1,254,478 $1,650,000 $4,770,408
Nicole S. Jones
Executive VP/General counsel $633,231 $0 $1,036,413 $1,360,000 $4,009,355
Profits and Revenues
Fact box
Industry: Insurance
1Q 2019 Revenue: $37.9B
1Q 2019 Net Income: $1.4B
1Q 2018 Net Income: $915M
Quarterly Profit Change: $453M
Cash: $5B
Employees: 73,800
Competitors: CVS Health
UnitedHealth Group Inc.
Anthem
Stock watch
Ticker Symbol CI
Market Cap $57.4B
52 Week Range Price $141.95 – $226.61
Outstanding Shares 379.46M
Top institutional investors
Shares % Stake
T. Rowe Price Associates Inc. 30,355,725 8
Vanguard Group Inc. 28,554,316 7.53
Blackrock Inc. 25,925,428 6.83
David Cordani,
President and CEO
