Cigna CEO David M. Cordani

Cigna Corp. CEO David M. Cordani had a 68 percent decline in pay last year with compensation totaling $3.97 million, not including $9 million in stock and stock options which have value in the future when the stocks vest and options are exercised, according to a filig Friday with the U.S. Securities and Exchange Commission. <br><br> Cordani's compensation last year included $1 million in a base salary, $2.6 million in cash incentives, $253,478 in value realized from exercising previously granted options and $110,740 in ¿other compensation.¿ This does not include a gain of $123,085 in his pension value.<br><br> <a href="http://www.courant.com/business/connecticut-insurance/hc-cigna-executive-pay-cordani-20120305,0,7270742.story"><b>MORE: Cigna CEO¿s Compensation: $3.9 Million, Not Including $9 Million In Stock, Stock Options</b></a>
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( March 5, 2012 )

Cigna Corp. CEO David M. Cordani had a 68 percent decline in pay last year with compensation totaling $3.97 million, not including $9 million in stock and stock options which have value in the future when the stocks vest and options are exercised, according to a filig Friday with the U.S. Securities and Exchange Commission.

Cordani's compensation last year included $1 million in a base salary, $2.6 million in cash incentives, $253,478 in value realized from exercising previously granted options and $110,740 in ¿other compensation.¿ This does not include a gain of $123,085 in his pension value.

MORE: Cigna CEO¿s Compensation: $3.9 Million, Not Including $9 Million In Stock, Stock Options

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