Cigna keeps top executives and adds 2 new posts

AP News
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Posted: Jan 05, 2010 11:50 AM

Health insurer Cigna Corp. said Tuesday it will create two new leadership positions, but the company's new CEO says Cigna will retain its other top executives.

David Cordani, who became CEO on Friday, said Chief Financial Officer Annmarie Hagan, Chief Medical Officer Jeffrey Kang, head of human resources and services John Murabito, General Counsel Carol Ann Petren, Chief Information Officer Michael Woeller, and Cigna International President William Atwell will stay with the company.

Cordani said Matthew Manders will fill the newly created position of president of Cigna U.S. Service, Clinical and Specialty. Manders will oversee service, network, and clinical program delivery. The company said Manders has been at Cigna for 22 years.

The company also created the post of president of its U.S. commercial business, but that job has not been filled.

In midday trading, Cigna stock rose 85 cents, or 2.3 percent, to $37.22.