The Cigna Group (NYSE:CI), with a robust global footprint serving over 190 million customers, announced the appointment of Michael J. Hennigan to its Board of Directors effective June 2, 2025. This move reinforces Cigna’s strategic governance aimed at navigating complex regulatory environments and catalyzing sustainable growth.
Mr. Hennigan, Executive Chairman of Marathon Petroleum Corporation and MPLX, brings over 30 years of executive leadership in the energy sector, particularly in refining, logistics, and marketing. His extensive experience in regulated markets equips him with insights critical for Cigna’s mission to enhance operational excellence and customer care.
David Cordani, President and CEO of Cigna, stated, “Mike is a transformational leader whose extensive business experience and proven track record in leading significant strategic initiatives will be invaluable as we continue to advance our mission. His deep understanding of complex, regulated markets and commitment to operational excellence will help us drive growth, enhance value, and further our commitment to improving our customers’ healthcare experiences.”
From a financial perspective, Cigna recorded total revenues of approximately \(244.38 billion and net income of \)3.43 billion for FY 2024, highlighting solid financial health and capacity to support strategic leadership enhancements.
This appointment underscores Cigna’s approach to capital allocation by bringing cross-sector expertise to strengthen governance, risk management, and growth strategies amid healthcare’s evolving landscape.
Stakeholders should watch upcoming quarterly earnings and disclosures for the impact of this leadership addition on Cigna’s operational and financial performance.
Access the official source here: Cigna Group 8-K SEC Filing