×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: US | Cigna | CEO

New Cigna CEO Focuses on Strong Overseas Growth

Monday, 04 January 2010 04:10 PM

New Cigna CEO David Cordani starts his tenure focused on overseas business as a key to maintaining the managed care company's improved financial performance.

The 43-year-old Cordani replaces retiring Chairman and CEO H. Edward Hanway as the Philadelphia insurer's top executive.

He takes over a company that saw its stock price soar 98 percent last year even though Cigna and other health insurers faced slumping enrollment in the recession and the uncertainty caused by a possible U.S. health care system overhaul.

Cordani said in a telephone interview with The Associated Press that Cigna will target emerging middle class markets in countries like China and Indonesia for new business.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Headline
New Cigna CEO David Cordani starts his tenure focused on overseas business as a key to maintaining the managed care company's improved financial performance.The 43-year-old Cordani replaces retiring Chairman and CEO H. Edward Hanway as the Philadelphia insurer's top...
US,Cigna,CEO
108
2010-10-04
Monday, 04 January 2010 04:10 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved