H. Edward Hanway
2008
In 2008, H. Edward Hanway earned a total compensation of $12.2M as Retired Chairman and Chief Executive Officer at Cigna, a 50% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $820,097 |
|---|---|
| Non-Equity Incentive Plan | $6,650,000 |
| Option Awards | $3,601,768 |
| Salary | $1,142,885 |
| Other | $21,792 |
| Total | $12,236,542 |
Hanway received $6.7M in non-equity incentive plan, accounting for 54% of the total pay in 2008.
Hanway also received $820.1K of change in pension value and nonqualified deferred compensation earnings, $3.6M in option awards, $1.1M in salary and $21.8K in other compensation.
Rankings
In 2008, H. Edward Hanway's compensation ranked 186th out of 9,135 executives tracked by ExecPay. In other words, Hanway earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 186 out of 9,135 | 98th |
Division Finance, Insurance, And Real Estate | 44 out of 2,034 | 98th |
Major group Insurance Carriers | 11 out of 306 | 96th |
Industry group Accident And Health Insurance And Medical | 5 out of 50 | 90th |
Industry Hospital and Medical Service Plans | 4 out of 23 | 83rd |
Source: SEC filing on March 19, 2010.
Hanway's colleagues
We found four more compensation records of executives who worked with H. Edward Hanway at Cigna in 2008.