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Former Aetna Chairman Dies

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James Lynn, 83, a former chairman and chief executive officer of Aetna Inc., has died.

Lynn was born in Cleveland. He earned a bachelor’s degree from Case Western Reserve University and a law degree from Harvard University, then handled corporate law at a law firm.

He later worked in the federal government under President Nixon and President Ford, and at one point he was director of the Office of Management and Budget.

In 1984, Lynn became chairman and CEO of Aetna, Hartford (NYSE:AET). He retired from those posts in 1992.

Aetna has issued a statement expressing condolences to Lynn’s family.

“Jim Lynn served Aetna with distinction for many years,” Aetna Chairman Ronald Williams says. “During his tenure the company sharpened its focus on shareholders and on setting a clear direction for the future.”

- Allison Bell