Cigna Corporation CEO David Cordani Salary & Net Worth
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Who Is David Cordani?
David Cordani is the CEO of Cigna. For those who are unfamiliar, said corporation focuses upon insurance as well as managed healthcare, meaning a collection of services meant to make it cheaper to provide for-profit healthcare while improving that for-profit healthcare. As such, Cordani has had a huge impact on U.S. healthcare, seeing as how he has been one of Cigna's senior executives for more than a decade's time.
What Is David Cordani's Salary?
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In 2020, Cordani received a total of $19,739,595 in compensation. Out of that, his base salary made up a mere $1,500,000 while his bonus and other non-equity incentives made up another $3,500,000. For the most part, Cordani's compensation consisted of equity. Most of that came in the form of $11,060,237 in stocks. The remainder came in the form of $3,500,017 in options. Besides these, he also received $179,341 in other forms of compensation. These numbers are much the same as their counterparts from 2019. In that year, Cordani received almost the same amount in total cash compensation, with the difference being an additional $100,000 in bonus and other non-equity incentives. As for the rest, he received a total of $13,770,230 in equity as well as a total of $228,070 in other forms of compensation.
What Is David Cordani's Net Worth?
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There is very little known about Cordani's net worth, which makes sense because of the private nature of said information. There is one source that has claimed that he has at least $36.62 million based on the number of Cigna shares that he owns. However, it seems safe to say that Cordani's net worth isn't 100 percent made up of Cigna shares, which in turn, means that it is safe to say that this is lower than whatever the full number might be. For that matter, it is worth mentioning that share prices change on a regular basis, meaning that Cordani's net worth is bound to see a fair amount of change on a regular basis as well.
What Do We Know About David Cordani's Personal Life?
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Background-wise, Cordani came from a working-class family. His father was a police officer. Meanwhile, a lot of his other relatives worked in smelting, meaning that they were responsible for extracting metal from ore. As such, Cordani came from a tight-knit family, as shown by his statement that his grandmother was the one who taught him and his two brothers some of his core values. Amusingly, while he is slim in the present time, he was 50 pounds overweight when he was still in school. Something that Cordani eventually changed by taking up running because he wanted to live a long life. Having said this, not much is known about his personal life in the present. However, he did found a non-profit called the David and Sherry Cordani Family Foundation, which presumably means that he is married to a woman named Sherry.
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