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Aetna Statement on Passing of Former Chairman, CEO and Board Member James T. Lynn

^{Published on 2010-12-09 13:25:35 - Market Wire}
 

HARTFORD, Conn.--([ BUSINESS WIRE ])--Aetna (NYSE: AET) today expressed its condolences to the family of former Aetna CEO James T. Lynn, who passed away this week in Maryland at age 83. Lynn joined the Aetna Board of Directors in 1978 and served as chairman and chief executive officer from 1984 until his retirement in 1992.

"During his tenure the company sharpened its focus on shareholders and on setting a clear direction for the future. We offer our condolences to his family."

Lynn joined Aetna following a distinguished 17-year career in the federal government, culminating in his being named director of the Office of Management and Budget. Under his leadership, Aetna focused on building the core insurance business, including health care insurance, which comprises the majority of the company today.

aJim Lynn served Aetna with distinction for many years,a said Chairman Ronald A. Williams. aDuring his tenure the company sharpened its focus on shareholders and on setting a clear direction for the future. We offer our condolences to his family.a

About Aetna

Aetna is one of the nationa™s leading diversified health care benefits companies, serving approximately 35.4 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see [ www.aetna.com ]. To learn more about Aetna's innovative onlinetools, visit [ www.aetnatools.com ].