Company: CI
Filing Date: 2025-03-13
Form Type: 8-K
Source: 0001140361-25-008555
Chunk: 0

Company: Cigna Group
Filing Date: 2025-03-13
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On March 13, 2025, The Cigna Group (the “ Company”) announced certain leadership changes.
Among these changes, effective March 31, 2025, Brian C. Evanko will serve as President and Chief Operating Officer, The Cigna Group and Ann M. Dennison will serve as Executive Vice President, Chief Financial Officer, The Cigna Group.

Mr. Evanko, 48, has served as Executive Vice President and Chief Financial Officer, The Cigna Group and President and Chief Executive Officer, Cigna
Healthcare since January 2024; Executive Vice President and Chief Financial Officer, The Cigna Group from January 2021 to January 2024; President, Government Business from November 2017 to January 2021; and President, U. S. Individual Business
from August 2013 to November 2017. On March 10, 2025, the People Resources Committee of the Company’s Board of Directors (the “ People Resources Committee”) approved compensation arrangements for Mr. Evanko to reflect his new role and
responsibilities. Effective March 31, 2025, Mr. Evanko’s base salary is $1,100,000; his 2025 Enterprise Incentive Plan (“ EIP”) annual target is $2,200,000; and his 2026 Long-Term Incentive (“ LTI”) target is $6,700,000.

Ms. Dennison, 54, has served as Deputy CFO, The Cigna Group, since January 2024. She
previously served as Executive Vice President and Chief Financial Officer of Nasdaq, Inc. from March 2021; and Senior Vice President, Controller and Principal Accounting Officer of Nasdaq from April 2015 through March 2021. On March 10, 2025,
the People Resources Committee approved compensation arrangements for Ms. Dennison to reflect her new role and responsibilities. Effective March 31, 2025, Ms. Dennison’s base salary is $800,000; her 2025 EIP annual target is $1,100,000; and
her 2026 LTI target is $3,500,000. In addition, the People Resources Committee approved a transitional strategic performance share grant for the 2025 -