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Cigna Announces Termination of Executive Eric P. Palmer

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Cigna Announces Termination of Executive Eric P. Palmer

An announcement from Cigna ( (CI) ) is now available.

On March 13, 2025, Cigna announced the termination of Eric P. Palmer, Executive Vice President for Enterprise Strategy and CEO of Evernorth Health Services, effective April 26, 2025. The agreement includes a severance package with cash payments and continued vesting of certain equity awards, reflecting the company’s strategic management decisions and impacting its leadership structure.

Spark’s Take on CI Stock

According to Spark, TipRanks’ AI Analyst, CI is a Outperform.

Cigna’s overall stock score is driven by strong financial performance and positive earnings call, despite pressures from medical costs in the stop loss segment. Technical indicators show a positive short-term trend, but valuation remains a concern due to a relatively high P/E ratio. Corporate events further bolster confidence in future growth.

To see Spark’s full report on CI stock, click here.

More about Cigna

Cigna is a global health services company that provides health insurance products and services, focusing on improving the health, well-being, and peace of mind of those they serve. Their market focus includes offering a wide range of health-related products and services to individuals, employers, and government entities.

YTD Price Performance: 20.14%

Average Trading Volume: 1,900,294

Technical Sentiment Signal: Strong Sell

Current Market Cap: $89.31B

Learn more about CI stock on TipRanks’ Stock Analysis page.

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