Cigna Group announces leadership changes

Company also reaffirms its 2025 outlook as it eyes expansion

Cigna Group announces leadership changes

Life & Health

By Josh Recamara

Cigna Group has appointed Brian Evanko as president and COO of the company, effective March 31.

Evanko has been serving as president and chief executive officer of Cigna Healthcare since January 2024, with oversight of all Cigna Healthcare businesses. Evanko also serves as chief financial officer of Cigna Group, a role he has held since 2021.

In his new position, Evanko will oversee all of the company’s business lines. He will report to chairman and CEO David Cordani, who said that Evanko’s expertise and market perspective makes him “uniquely suited” to the position.

 “These leadership changes create a sharpened structure to build upon our strengths for continued growth, enhance our customer focus and deliver even greater value for those we serve,” said Cordani.

In connection with Evanko’s appointment, Ann Dennison has been named executive vice president and CFO of Cigna Group. In this capacity, Dennison will have responsibility for all enterprise financial operations and functions. She will also join the company’s enterprise leadership team and will report to Cordani.

Prior to joining Cigna in early 2024 as deputy CFO, Dennison was executive vice president and CFO at Nasdaq. She was also previously managing director and head of financial reporting at Goldman Sachs.

Meanwhile, Nicole Jones, who is chief administrative officer and general counsel, will expand her portfolio of responsibilities to include Cigna Group’s enterprise marketing division. This brings together marketing with other functions Jones already leads including public affairs, federal and state government affairs, legal and HR functions.

Eric Palmer also said he is departing the company at the end of April. Palmer has had a successful career with the company, spanning more than 25 years. He currently oversees the Evernorth Health Services business, which has expanded its service capabilities during his tenure.

Meanwhile, the company also reaffirmed its full-year 2025 outlook for consolidated adjusted income from operations of at least $29.50 per share, which is below the average forecast of $31.50, according to estimates compiled by Bloomberg.

It also said it continues to expect 2025 Evernorth pretax adjusted income from operations of at least $7.2 billion and Cigna Healthcare pretax adjusted income from operations of at least $4.1 billion.

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