Eric P.  Palmer net worth and biography

Eric Palmer Biography and Net Worth

Eric Palmer is President and Chief Executive Officer for Evernorth, a Cigna company. Evernorth connects and coordinates best-in-class health services—in pharmacy, benefits management, care solutions, and delivery and intelligence—to drive the most value for clients, customers, and patients. As CEO, Eric is responsible for Evernorth’s strategic direction, financial performance and growth, and long-term vision to meaningfully change health care. He is a member of Cigna Corporation's enterprise leadership team.

Prior to this role, Eric served as President and Chief Operating Officer for Evernorth, overseeing core strategy and capabilities in pharmacy, care management, and benefit management services. Previously, he also served as Chief Financial Officer, responsible for all of Cigna's financial operations and functions, as well as for the organization’s Investment Management, Corporate Development and Underwriting units. Eric’s leadership during this time was critical to the successful combination of Cigna and Express Scripts, as well as the launch of Evernorth.

Since joining Cigna in 1998, he has progressed through roles of increasing responsibility, including leadership positions with Cigna’s U.S. Commercial healthcare business, Cigna's global healthcare business, Cigna-HealthSpring and Cigna's group life and disability insurance business.

He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. He holds a bachelor's degree in Actuarial Science from the University of Iowa.

What is Eric P. Palmer's net worth?

The estimated net worth of Eric P. Palmer is at least $16.22 million as of February 13th, 2024. Mr. Palmer owns 44,649 shares of The Cigna Group stock worth more than $16,216,070 as of March 29th. This net worth evaluation does not reflect any other investments that Mr. Palmer may own. Additionally, Mr. Palmer receives an annual salary of $2,600,000.00 as CFO at The Cigna Group. Learn More about Eric P. Palmer's net worth.

How old is Eric P. Palmer?

Mr. Palmer is currently 48 years old. There are 5 older executives and no younger executives at The Cigna Group. The oldest executive at The Cigna Group is Mr. David Michael Cordani, President, CEO & Chair of the Board, who is 59 years old. Learn More on Eric P. Palmer's age.

What is Eric P. Palmer's salary?

As the CFO of The Cigna Group, Mr. Palmer earns $2,600,000.00 per year. The highest earning executive at The Cigna Group is Mr. David Michael Cordani, President, CEO & Chair of the Board, who commands a salary of $5,420,000.00 per year. Learn More on Eric P. Palmer's salary.

How do I contact Eric P. Palmer?

The corporate mailing address for Mr. Palmer and other The Cigna Group executives is 900 COTTAGE GROVE ROAD, BLOOMFIELD CT, 06002. The Cigna Group can also be reached via phone at (860) 226-6000 and via email at [email protected]. Learn More on Eric P. Palmer's contact information.

Has Eric P. Palmer been buying or selling shares of The Cigna Group?

Over the course of the past ninety days, Eric P. Palmer has sold $2,409,179.42 in The Cigna Group stock. Most recently, Eric P. Palmer sold 6,083 shares of the business's stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $340.00, for a transaction totalling $2,068,220.00. Following the completion of the sale, the insider now directly owns 44,649 shares of the company's stock, valued at $15,180,660. Learn More on Eric P. Palmer's trading history.

Who are The Cigna Group's active insiders?

The Cigna Group's insider roster includes Mary Agolglia Hoeltzel (VP), Lisa Bacus (EVP), David Cordani (CEO), Brian Evanko (Exec. VP & CFO ), Brian Evanko (CFO), Eric Foss (Director), Elder Granger (Director), Isaiah Harris, Jr. (Chairman), Mary Hoeltzel (CAO), Nicole Jones (EVP), Matthew Manders (Insider), Thomas McCarthy (CFO), Steven Miller (EVP), Alan Muney (EVP), John Murabito (EVP), Everett Neville (EVP), Eric Palmer (CFO), John Partridge (Director), William Roper (Director), Cynthia Ryan (EVP), Jason Sadler (Insider), Paul Sanford (EVP), Michael Triplett (Insider), Timothy Wentworth (CEO), and Donna Zarcone (Director). Learn More on The Cigna Group's active insiders.

Are insiders buying or selling shares of The Cigna Group?

During the last year, insiders at the health services provider sold shares 18 times. They sold a total of 154,668 shares worth more than $50,986,538.23. The most recent insider tranaction occured on March, 25th when CEO David Cordani sold 31,209 shares worth more than $11,084,500.53. Insiders at The Cigna Group own 0.6% of the company. Learn More about insider trades at The Cigna Group.

Information on this page was last updated on 3/25/2024.

Eric P. Palmer Insider Trading History at The Cigna Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/13/2024Sell6,083$340.00$2,068,220.0044,649View SEC Filing Icon  
2/9/2024Sell1,017$335.26$340,959.4245,564View SEC Filing Icon  
10/14/2022Sell4,000$300.00$1,200,000.0036,838View SEC Filing Icon  
7/7/2022Sell6,521$275.00$1,793,275.0039,978View SEC Filing Icon  
4/6/2022Sell8,126$250.00$2,031,500.0040,942View SEC Filing Icon  
9/11/2020Buy1,000$168.77$168,770.0026,555View SEC Filing Icon  
7/31/2018Buy2,828$177.61$502,281.089,678View SEC Filing Icon  
See Full Table

Eric P. Palmer Buying and Selling Activity at The Cigna Group

This chart shows Eric P Palmer's buying and selling at The Cigna Group by year and by quarter.

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The Cigna Group Company Overview

The Cigna Group logo
The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. In addition, it offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. The company distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut.
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Today's Range

Now: $363.19
Low: $363.15
High: $365.71

50 Day Range

MA: $333.26
Low: $297.92
High: $363.38

2 Week Range

Now: $363.19
Low: $240.50
High: $365.71

Volume

1,159,837 shs

Average Volume

1,589,122 shs

Market Capitalization

$106.18 billion

P/E Ratio

20.89

Dividend Yield

1.54%

Beta

0.55