Health & Fitness
Health and Fitness
Health and Fitness
Wed, January 6, 2010
Tue, January 5, 2010 
PHILADELPHIA--([ BUSINESS WIRE ])--David M. Cordani, president and chief executive officer of CIGNA Corporation (NYSE: CI), today announced his executive leadership team for the company. The appointments are effective immediately.
"We will continue to build on our deep cadre of strong and capable leaders throughout 2010."
"We start the year strongly with an experienced team of business leaders at CIGNA. Our focus is on strategic growth in areas of strength in the U.S. and internationally," said Cordani. "We will continue to build on our deep cadre of strong and capable leaders throughout 2010."
Named as the leadership team for the company, reporting to Cordani, are:
- William Atwell, who continues as president of CIGNA International and leads company operations in Asia and Europe. CIGNA is the leading international health service company with products and services spanning global expatriate benefits, global life, accident and health, and European health care. Atwell served as a senior vice president of HealthCare and has worked extensively with CIGNA International. He brings more than 30 years of experience from a variety of senior U.S. and international positions with Charles Schwab and Citibank.
- Annmarie Hagan, who continues as executive vice president and chief financial officer for CIGNA. She is a 20-year veteran of CIGNA and has served as chief accounting officer and controller.
- Jeffrey L. Kang, MD, MPH, who continues as chief medical officer. Dr. Kang plays a key role in CIGNA's commitment to improve the health and well-being of individuals that the company serves. He has extensive government and nonprofit service as a White House Fellow and chief medical officer for the Centers for Medicare and Medicaid Services (formerly HCFA).
- Matthew Manders, who is named president of CIGNA U.S. Service, Clinical and Specialty, a newly created position. He will oversee all service, network and clinical program delivery, as well as CIGNA's broad portfolio of specialty businesses. Manders has served in a number of executive leadership positions in HealthCare at CIGNA and has more than 22 years of operational and financial experience at the company.
- John M. Murabito who continues as executive vice president of human resources and services and chief human resources officer. Prior to joining CIGNA, he was senior vice president of human resources and corporate services at Monsanto. His career includes more than 25 years of related experience with Frito-Lay, Symbion and The Trane Company.
- Carol Ann Petren, Esq., who continues as executive vice present of legal and public affairs and general counsel of CIGNA. She has served previously as deputy general counsel for Sears, Roebuck and for MCI. She was a practicing litigation attorney for 18 years in Washington, D.C. Prior to that, she was an assistant U.S. Attorney and served as counsel for the U.S. House of Representatives' Committee on Standards of Official Conduct.
- Michael Woeller, who continues as executive vice president and chief information officer. He has over 30 years of experience prior to joining CIGNA including vice chairman and chief information officer for Canadian Imperial Bank of Commerce. Before CIBC, he served as executive vice president at TD Bank and as executive vice president of direct banking and information services for Canada Trust.
- A search is under way for a leader who will be president of a new position over U.S. Commercial for CIGNA, including U.S. products, marketing, national accounts, middle-market, individual segment, select segment, seniors, CIGNA medical group, third-party arrangements, emerging markets, COLI and strategic alliances.
"Even with the challenges ahead – lingering negative effects of the recession and the current uncertainty of U.S. healthcare reform – we will continue to deliver on our growth strategy for CIGNA in 2010 and beyond. This leadership team will work closely with me as we navigate the continuing marketplace headwinds and chart a course that best leverages the company's market strengths," said Cordani. "Specifically, we will continue to implement our strategy for focused growth in key businesses in the U.S. and internationally, lower our operating expenses, and improve our ability to be the best at serving our customers. We are committed to improving the health, well-being and financial security of our customers, clients and employees."
CIGNA (NYSE:CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. CIGNA Corporation's operating subsidiaries provide an integrated suite of medical, dental, behavioral health, pharmacy and vision care benefits, as well as expatriate benefits and group life, accident and disability insurance, to approximately 46 million people throughout the United States and around the world.
To learn more about CIGNA, visit [ www.cigna.com ].
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Forward Looking Statements
The Company and its representatives may from time to time make written and oral forward-looking statements, including statements contained in press releases, in the Company's filings with the Securities and Exchange Commission, in its reports to shareholders and in meetings with analysts and investors. Forward-looking statements may contain information about financial prospects, economic conditions, trends and other uncertainties. These forward-looking statements are based on management's beliefs and assumptions and on information available to management at the time the statements are or were made. Forward-looking statements include but are not limited to the information concerning possible or assumed future business strategies, financing plans, competitive position, potential growth opportunities, potential operating performance improvements, trends and, in particular, the Company's productivity initiatives, litigation and other legal matters, operational improvement in the health care operations, and the outlook for the Company's full year 2009 and 2010 results. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "believe", "expect", "plan", "intend", "anticipate", "estimate", "predict", "potential", "may", "should" or similar expressions. You should not place undue reliance on these forward-looking statements. The Company cautions that actual results could differ materially from those that management expects, depending on the outcome of certain factors.
