Cigna Elevates COO Evanko to Lead Major Business Model Pivot

Cigna Group Chief Executive Officer David Cordani is stepping back from the top job on July 1 and will be replaced by Chief Operating Officer Brian Evanko, who will execute the insurer’s business overhaul that spooked investors when it was announced last year.

Evanko, 49, has long been seen as CEO-in-waiting. He takes over as Cigna undertakes “a fundamental business model pivot,” his phrasing on a call with analysts in October, as health insurers and pharmacy benefit managers face government pressure to help control the cost of health care.