Alexander KarpAlexander Karp earned $1B in 2024

In 2009, H. Edward Hanway earned $7.87M in total compensation at Cigna, including $1.16M salary and $2.50M bonus. Most recently acquired 27,802 shares in Feb 2016. Currently holds stock worth $67.22M. Led Cigna as CEO for 9 years.

Compensation History

Annual executive compensation data for H. Edward Hanway, including salary, bonuses, and stock awards.

Year

2009

Total Compensation

$7.87M

Salary

$1.16M

Bonus

$2.50M

Other

$4.21M

Salary

$1.16M

Board Justification

CIGNA's compensation philosophy emphasizes performance-based compensation to align executives' interests with those of shareholders, attract and retain top talent, and reward long-term value creation.

Bonus

$2.50M

Board Justification

Annual incentive payout for the 2009 performance year under the Management Incentive Plan (MIP).

Other Compensation

$4.21M

Board Justification

Includes change in pension value and nonqualified deferred compensation earnings, as well as other compensation such as financial planning and tax preparation services.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants vested in 2009 as per the provided proxy statement.

Performance Metrics

Performance metrics for 2009 included Adjusted Net Income from Continuing Operations, Membership growth, and Operating Expense per Member.

T

H. Edward Hanway

Ex-CEO of Cigna

Education

Bachelor's degree from Loyola University Maryland, MBA from Widener University

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

January 1, 1951 - 74 years ago

CEO of Cigna for

9 years 11 months (Jan 2000 - Dec 2009)

Previous Experience

Various senior roles at Cigna since 1973

Holdings

Track H. Edward Hanway's stock holdings and portfolio value over time.

Total Stock Sold

$60.12M

CI

$60.12M

455,180 CI shares

What if they kept their stock?

If H. Edward Hanway didn't sell their stock, today they would have:
Extra CI455,180 shares worth $120.82M.
This is 100.96% and $60.70M more than what they got when they sold the stock.

Insider Trading

H. Edward Hanway's recent stock transactions, purchases, and sales filed with the SEC.

CI

27,802 shares

CI

Feb 26, 2016

Received

CI

$5.34M

CI at $133.09/share

Nov 16, 2015

Sale

CI

$5.36M

CI at $136.78/share

Oct 15, 2015

Sale

CI

$5.49M

CI at $140.07/share

Sep 15, 2015

Sale

CI

$5.56M

CI at $144.53/share

Aug 17, 2015

Sale

CI

$5.92M

CI at $156.25/share

Jul 15, 2015

Sale

CI

$5.79M

CI at $152.06/share

Jun 15, 2015

Sale

CI

$5.03M

CI at $132.07/share

May 15, 2015

Sale

CI

$5.06M

CI at $132.99/share

Apr 15, 2015

Sale

CI

$4.78M

CI at $124.58/share

Mar 16, 2015

Sale

Rivals

Compare H. Edward Hanway with competitor CEOs and industry peers.