Cigna Corp. named Philip Emond executive vice president and chief information officer of the Philadelphia-based managed care provider with claims headquarters in Bloomfield.
Emond’s promotion is effective Oct. 8. He succeeds Michael Woeller, who will retire next month after serving as CIO since October 2007. Meantime, Cigna has agreed to hand Woeller a package of cash incentives and stock worth about $2.3 million, a Securities and Exchange Commission filing shows.
“Mike came out of retirement to play a pivotal transitional role in refining and executing CIGNA’s technology strategy as a global health service company. With that path clearly set, and with the team aligned to deliver, Mike will hand over the leadership reins to Phil …,” Cordani said in a statement.
Emond was appointed senior vice president in June 2008. In this role, he was responsible for the delivery of end-to-end technology solutions in support of CIGNA’s businesses.
Prior to joining CIGNA, over the course of his 30-year career, Emond held a variety of senior financial services leadership positions, most recently as executive vice president for Canadian Imperial Bank of Commerce (CIBC), with responsibility for CIBC’s technology, retail and investment banking operations worldwide.
Before CIBC, he served as Managing Director, Technology, Bankers Trust/Deutsche Bank, and as senior vice president and CIO, ING Canada. In a prior role, Emond also served as director general and CIO, Citizenship and Immigration Canada. Emond holds a degree in administration from Carleton University in Ottawa, Canada.
