Cigna Corp. CEO David M. Cordani's total compensation climbed 25 percent last year, as the nation's fourth-largest health insurer launched a $3.8 billion acquisition, and its stock outperformed the broader market.
Cordani, 46, received compensation valued at $18.9 million last year from the Bloomfield, Conn., company, according to an Associated Press analysis of a regulatory filing Monday.
That included the same salary Cordani received in 2010 — $1 million — and a performance-related bonus that climbed 27 percent to $9.3 million. Cordani's stock and options awards totaled nearly $8.5 million, also up 27 percent from the previous year.
The executive, who became CEO in 2010, also received $62,865 for security alarm installation and maintenance in 2011 after the company gave him $48,733 for the same thing the previous year.
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