Story perspectives

Cigna CEO Retires; Shares Plummet Amid Leadership Shakeup

3/3/2026

Summary

Story summary

David Cordani, Cigna's chief executive officer, will retire on July 1 and become executive chair, and Brian Evanko will succeed him as chief executive officer.
Evanko has spent nearly 30 years at Cigna and will lead through a significant business-model change that excludes after-market discounts, potentially affecting margins.
Analysts were surprised by the timing of the leadership change, and Cigna's shares fell over 5% after the announcement, signaling investor concerns.

1 of 1

Story summary

David Cordani, Cigna's chief executive officer, will retire on July 1 and become executive chair, and Brian Evanko will succeed him as chief executive officer.
Evanko has spent nearly 30 years at Cigna and will lead through a significant business-model change that excludes after-market discounts, potentially affecting margins.
Analysts were surprised by the timing of the leadership change, and Cigna's shares fell over 5% after the announcement, signaling investor concerns.