Cigna Group CEO David Cordani earned $23.3 million in 2024.
The company reported the earnings of its top executives in its annual proxy report published March 14. Mr. Cordani earned $2 million more than in 2023, when he was paid $21 million in total compensation.
In addition, Eric Palmer and Brian Evanko, CEOs of the company's health services and insurance divisions, respectively, both earned more in 2024 than in 2023. Cigna has since shuffled its executive lineup, with Mr. Palmer exiting the company. Mr. Evanko will become the new COO, where he will oversee both of the company's divisions.
Here's what Cigna's top executives earned in 2024:
David Cordani, chair and CEO
Salary: $1,573,077
Stock awards: $15,214,154
Option awards: $3,340,009
Non-equity incentive plan compensation: $2,720,000
Change in pension value and deferred compensation: $31,059
Other compensation: $372,797
Total compensation: $23,251,096
Eric Palmer, executive vice president, enterprise strategy of the Cigna Group and CEO of Evernorth
Salary: $1,000,000
Stock awards: $5,813,611
Option awards: $1,725,052
Non-equity incentive plan compensation: $1,840,000
Other compensation: $51,825
Total compensation: $10,430,488
Brian Evanko, executive vice president and CFO of the Cigna Group and CEO of Cigna Healthcare
Salary: $994,231
Stock awards: $5,813,611
Option awards: $1,725,052
Non-equity incentive plan compensation: $1,700,000
Other compensation: $51,738
Total compensation: $10,284,632
Noelle Eder, executive vice president and global chief information officer
Salary: $868,269
Stock awards: $3,012,429
Option awards: $893,791
Non-equity incentive plan compensation: $972,000
Other compensation: $41,974
Total compensation: $5,788,463
Nicole Jones, executive vice president, chief administrative officer and general counsel
Salary: $868,269
Stock awards: $3,012,429
Option awards: $893,791
Non-equity incentive plan compensation: $972,000
Change in pension value and deferred compensation: $1,049
Other compensation: $40,624
Total compensation: $5,788,162