David Cordani, chief govt officer of Cigna Corp.
Adam Jeffery | CNBC
Heath insurer Cigna will cease giving cash to elected officers who “inspired or supported violence” throughout final week’s siege of the U.S. Capitol by followers of President Donald Trump.
The insurer despatched an e-mail to staff Tuesday explaining the corporate’s new place in mild of the occasions of final week. Like many firms, Bloomfield, Connecticut-based Cigna has a political motion committee that directs worker donations to lawmakers who assist the corporate’s agendas.
“Some points are so foundational to our core fiber that they transcend all different issues of public coverage,” John Murabito, chief human assets officer, stated within the memo. “There’s by no means any justification for violence or destruction of the type we noticed on the U.S. Capitol – the constructing that such a robust image of the very democracy that makes our nation robust.”
He added: “Accordingly, CignaPAC will discontinue assist of any elected official who inspired or supported violence, or in any other case hindered the peaceable transition of energy.”
Firms from Morgan Stanley to Marriott Worldwide have taken the uncommon step of singling out members of the Republican social gathering for backing efforts to disrupt the affirmation of President-elect Joe Biden‘s victory over President Trump. Different firms, together with JPMorgan Chase and Financial institution of America are halting all PAC donations in the meanwhile.
Cigna CEO David Cordani is anticipated to communicate concerning the firm’s place later Tuesday at JPMorgan’s annual healthcare convention, in accordance to the memo.
Justine Periods, a spokeswoman for the corporate, did not instantly touch upon the memo.
This story is growing. Please verify again for updates.