UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code:
(
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 14, 2023, The Cigna Group (the “Company”) approved compensation changes for Noelle K. Eder and Nicole S. Jones to reflect expansion of their roles and responsibilities. Ms. Eder, Executive Vice President, Technology and Operations, now leads the new Technology and Operations function, and Ms. Jones, Executive Vice President, Chief Administrative Officer and General Counsel, now also has responsibility for the Human Resources function. In connection with their respective expanded responsibilities, Mss. Eder and Jones received offer letters, the material terms of which are included in the table below. Mss. Eder and Jones will continue to be eligible to participate in the Company’s employee benefit plans, in accordance with their terms.
Base Annual Salary Effective September 14, 2023 |
Enterprise Incentive Plan Annual Target – FY 2023 |
Long-term Incentive Annual Target – FY 2023 | |
| Eder | $850,000 | $900,000 | $3,250,000 |
| Jones | $850,000 | $900,000 | $3,250,000 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE CIGNA GROUP | ||
| Date: September 15, 2023 | By: | /s/ Nicole S. Jones |
| Nicole S. Jones | ||
| Executive Vice President, Chief Administrative Officer and General Counsel | ||