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Thursday, September 27, 2018

Cigna announces enterprise leadership team for combined company


Cigna (CI) announced the enterprise leadership team for the combined Cigna and Express Scripts Holding (ESRX) business following the close of their proposed transaction. “This team is uniquely qualified to drive the improvements in affordability, choice and quality for our customers and clients, as well as the sustained attractive return for our shareholders, that this combination will deliver,” said David M. Cordani, President and CEO of Cigna. “I look forward to working with these highly-accomplished and experienced leaders. Together, we will achieve significant growth and accelerate the pace of change in health care in ways that continue to improve lives.” Upon closing, the combined company will offer multiple growth platforms: A commercial business, including employer-sponsored medical coverage, A government business, including Medicare offerings to seniors, An international business, including global supplemental benefits and A health services business, including Express Scripts. As previously announced, David Cordani will serve as President and CEO of the combined company. Express Scripts President and CEO Tim Wentworth will head the health services business as President, Express Scripts and Cigna Services. Additionally, the following executives will be members of the combined company’s enterprise leadership team, reporting to David Cordani: Lisa Bacus, Chief Marketing Officer, Mark Boxer, Chief Information Officer, Brian Evanko, President, U.S. Government Business, Nicole Jones, General Counsel.

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