Cigna Pays Its CEO $663,318,942 Amid Underperforming Stock: Shareholders Deserve an Explanation

With interest and clever tax tricks, David Cordani’s net worth might well exceed $1 billion. This could make him the first business executive in history to amass such wealth without founding a startup, starting a business, or inventing a product. Instead, his fortune would stem solely from executive compensation, effectively capitalizing on the increasingly unbearable insurance premiums paid by American families each month. Cigna has been paying Mr. Cordani record-high compensation, while the company’s stock has underperformed. Notably, since Cordani became CEO, Cigna’s stock has performed worse than its peers for 10 out of the 14 total years, including 5 of the last 6 years… Continue reading this article on Medium…

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