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Cigna Group vs Elevance Health — CEO Pay Comparison

Gail Boudreaux (Elevance Health) earns $4.0M more in total compensation than David Cordani (Cigna Group).

MetricCigna GroupCIElevance HealthELV
CEODavid CordaniGail Boudreaux
IndustryHealth InsuranceHealth Insurance
Total Compensation$8.0M$12.0M
Base Salary$800K$1.2M
Stock Awards$4.0M$6.0M
Option Awards$960K$1.4M
Non-Equity Incentive$1.2M$1.8M
Pay-for-Performance GradeA (89/100)B (69/100)
CEO-Worker Pay Ratio133:1200:1
Median Worker Pay$60K$60K
Say-on-Pay Approval94.8%85.5%
3yr Total Shareholder Return+37.1%+20.3%
Revenue$227.6B$171.3B
Market Cap$95.0B$110.0B
Employees72,000100,000

Analysis

David Cordani (Cigna Group) earns $8.0M in total compensation, while Gail Boudreaux (Elevance Health) earns $12.0M. That is a difference of $4.0M.

On pay-for-performance alignment, Cigna Group scores A (89/100) while Elevance Health scores B (69/100). Cigna Group's CEO compensation is better aligned with company performance.

Cigna Group's CEO-to-worker pay ratio is 133:1 compared to Elevance Health's 200:1. Shareholders approved CEO pay at 94.8% (Cigna Group) and 85.5% (Elevance Health).