H. Edward Hanway Plans to Retire as CEO of CIGNA at End of 2009; David M. Cordani Named as Successor; Company to Separate Roles of CEO and Chair

PHILADELPHIA--(Business Wire)--
CIGNA Corporation (NYSE:CI) announced today that its chairman and chief
executive officer, H. Edward Hanway, 57, will retire from his posts effective
December 31, 2009 after serving for ten years in those roles. David M. Cordani,
43, the current president and chief operating officer of the company, was named
by the board to succeed Hanway as chief executive officer effective January 1,
2010 following a six-month transition period. This appointment represents the
culmination of a disciplined and comprehensive succession process led by the
company`s board of directors that commenced over a year ago.

The company also announced that, after consideration by the board`s corporate
governance committee, it will separate the roles of chairman and chief executive
officer in furtherance of CIGNA`s commitment to the principles of corporate
governance best practices. Isaiah "Ike" Harris, Jr., an independent director of
the company, will assume the role of non-executive chairman effective January 1,
2010. Beginning on July 1, 2009, Harris will serve as the vice chair of the
board and will work closely with Hanway to ensure a smooth transition of board
leadership responsibilities.

"During my tenure at CIGNA, our company has evolved to meet the changing needs
of our customers, and I am extremely confident that we are on course to continue
our track record of success," said Hanway. "I am honored to have had the
opportunity to lead and serve alongside such a talented, dedicated, diverse and
innovative group of individuals throughout my career. Therefore, it is with
pride and confidence that we prepare to transition leadership of the company
into the capable hands of the next generation."

"Ed Hanway has been a tremendous leader for our organization," said Harris.
"During his 31-year career, he has instilled within the company his deep
commitment and respect for our shareholders, our customers, and our employees,
as well as for the integrity and values that make CIGNA a leader in the
industry. Under Ed`s strategic leadership, the company has transformed from a
multi-line insurer to a leading health service company that is committed to
improving the health, well-being and sense of security of the people it serves
around the world."

Cordani has served as president and chief operating officer of the company since
June 2008, with strategic and operational responsibility for CIGNA's healthcare,
group insurance and international businesses. Cordani joined CIGNA in 1991 and
prior to his appointment as president of CIGNA HealthCare in 2005, served as
president of Health Segments for CIGNA HealthCare and as senior vice president
and chief financial officer of CIGNA HealthCare. He also served as controller
for CIGNA Corporation, and as president of CIGNA HealthCare's southeast region.
Prior to joining the company, Cordani was with a predecessor firm of
PricewaterhouseCoopers. Cordani serves on boards of directors for the National
Association of Manufacturers, the Connecticut Business and Industry Association,
and the CIGNA Foundation. He holds a bachelor`s degree in science from Texas A&M
University and graduated with a master`s degree in business administration (MBA)
from the University of Hartford. Cordani also is a chartered financial
consultant and a certified public accountant.

"David has established himself as a highly qualified professional who is ideally
suited to lead the company for many years," said Hanway. "David`s passion for
our customers and for enhancing the health and productivity of the individuals
we serve embodies all that we value and stand for as an organization. I am
confident that David will serve our shareholders, customers and employees well
in his new role."

Harris, 56, has been a director of the company since 2005. He held numerous
executive positions with oversight responsibilities for various business,
finance and operational functions at BellSouth (now part of AT&T) until 2007,
including as president and chief executive officer of BellSouth Advertising and
Publishing Group and as chief financial officer of BellSouth Telecommunications,
Inc. Harris previously served as vice president and corporate controller of
Supervalu, Inc. and also spent 13 years with KPMG as a certified public
accountant. Harris is currently a director of Deluxe Corporation and an
independent trustee of Wells Fargo Advantage Funds. "Ike is a valued member of
our board who has demonstrated a balance of experience and wisdom that has
earned him the respect of the company`s directors and management team," said
Hanway. "Ike also has a proven track record as a leader and a deep sense of
commitment to our company`s shareholders which all combine to make him a very
effective director."

Hanway was named chairman and chief executive officer of CIGNA in 2000. Prior to
that, he served the company as president and chief operating officer and held a
number of management and executive roles of increasing responsibility with CIGNA
and its predecessor company. Hanway serves in a leadership capacity at America's
Health Insurance Plans, a health insurance industry trade association made up of
nearly 1,300 member health insurance providers who cover more than 200 million
Americans, and is also on the board of directors of the Alliance for Health
Reform. He is an outspoken advocate at the national level for greater
transparency regarding health care quality and cost information available to
consumers and a strong proponent of national quality standards for health care
providers. He is recognized as a leader in the effort to improve the quality,
accessibility and affordability of health care in the United States. Through the
years, Hanway has been active in a wide range of issues and initiatives
associated with health, education and international business.

CIGNA Corporation
Investor Relations:
Ted Detrick, 215-761-1414
Edwin.detrick@cigna.com
or
Media Relations:
Chris Curran, 502-470-2414
Chris.curran@cigna.com

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