Thursday, September 3, 2009

H. Edward Hanway Chief Executive Officer CIGNA Corporation

H. Edward Hanway will retire with a $73 million golden parachute this fall. In 2008, H. Edward Hanway raked in $12,236,740 in total compensation.* In the previous year the CEO of this company made $24,335,038.

2008 Compensation

Salary $1,142,885
Bonus $0
Grant Date Fair Value of Stock and Option Awards $3,601,966
Non-Equity Incentive Plan Compensation $6,650,000
Change in Pension Value and Non-Qualified Deferred Compensation Earnings $820,097
All Others $21,792
Total* $12,236,740

Source: AFL-CIO, 2009 Executive Pay Watch

1 comment:

OrganikChulo said...

Jaime,
Corporate Greed is the root of all evil.