David Cordani, president and chief executive officer (CEO) of Cigna Corporation, has appointed Thomas McCarthy, currently Cigna’s vice president and treasurer, to the position of acting chief financial officer (CFO). As acting CFO, McCarthy will replace Annmarie Hagan, who will be leaving her position as executive vice president (EVP) and CFO.
In taking on the role of acting CFO, McCarthy will draw from many years of experience at Cigna. Since 2003, he has been responsible for Cigna’s strategy and corporate development function, which includes mergers and acquisitions and corporate risk management. In 2008, McCarthy was also named treasurer and added responsibility for corporate finance, capital management and the treasury operations, and in 2009, he added responsibility for the tax function.
McCarthy began his career at Cigna in 1980 and served in various financial and underwriting positions. In 1999 he joined Kemper, a property and casualty insurer, as senior vice president, a role he held until 2003, when he rejoined Cigna.
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