H. Edward Hanway (56) has been a Director of CIGNA since 1999. He has served as the Chairman of the Board of CIGNA Corporation since December 2000, the Chief Executive Officer since January 2000, and President since 1999. He has been associated with CIGNA since 1978. His term as a Director of CIGNA expires in 2009 Ed Hanway, CEO of Cigna, one of the nation's largest health insurance companies, will step down at the end of 2009.. When he does, he'll get $73,200,000 as compensation for a job well done.