CEO Hanway stepping down at Cigna - New Mexico Business Weekly:

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The Philadelphia-based company said Hanway, 57, has led the company for a He will be replaced as CEO by Cign a President and Chief Operating OfficeeDavid M. Cordani, 43. Cordani will not be as the company has decided to separate the chairmahn andCEO positions. Independent director Isaiah Harrisw Jr. will be non-executived chairman. Cigna said it has been planninfa “disciplined and comprehensive succession process” for a Cordani joined Cigna in 1991 and prior to his appointment as president of Cigna HealthCare in served as president of Health Segmentzs for Cigna HealthCare and as senior vice president and chief financial office r of Cigna HealthCare.
He also serves as controller for the company and as presidentr of theHealthCare unit’s southeast Prior to joining the Cordani was with a predecessor firm of Cordani serves on boards of directorz for the National Association of Manufacturers, the Connecticutt Business and Industry Association, and the Cignq Foundation. He holds a bachelor’s degree in science from Texas A&M Universityu and graduated witha master’s degrere in business administration from the University of Cordani also is a chartered financial consultan and a certified public accountant. Harris, 56, has been a directort of the companysince 2005.
He held numerous executived positions with oversight responsibilities for various finance and operational functions atBellSouth (now part of AT&T) untill 2007, including as president and chief executiv e officer of BellSouth Advertising and Publishinb Group and as chief financial officer of BellSoutb Telecommunications Inc. Harris previously served as vice president and corporate controller ofSupervalu Inc. and also spenft 13 years with KPMG as a certifiedpublivc accountant. Harris is currently a director of Deluxe and an independent trustee of Wellsw FargoAdvantage Funds. Hanway was namex chairman and chief executive office of Cignain 2000.
Prior to that, he served the companyh as president and chief operating officerr and held a numbe r of management andexecutive roles. Hanway joined a predecessor to Insurance Co. of North America, in 1978 as assistanf controller. That company merged in 1982 with Connecticut Genera toform Cigna.