AETNA INC
8-K, 2000-05-19
HOSPITAL & MEDICAL SERVICE PLANS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                        Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): May 18, 2000

                                   AETNA INC.
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


        Connecticut                 1-11913                 02-0488491
       --------------            --------------           --------------
      (State or Other             (Commission             (IRS Employer
      Jurisdiction of             File Number)           Identification No.)
       Incorporation)



           151 Farmington Avenue
           Hartford, Connecticut                               06156
  ------------------------------------------           ----------------------
  (Address of Principal Executive Offices)                   (Zip Code)



                                 (860) 273-0123
     ------------------------------------------------------------------------
              (Registrant's telephone number, including area code)




                                      N/A
     ------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)
<PAGE>   2
ITEM 5. Other Events.


     On May 18, 2000, Aetna Inc. issued a press release announcing that Michael
J. Cardillo, President of Aetna U.S. Healthcare, is retiring. The press release
is attached hereto as Exhibit 99.1.

Exhibit 99.1-Press Release dated May 18, 2000.


                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                                     AETNA INC.




Dated: May 19, 2000                               By: /s/ Alan M. Bennett
                                                     --------------------------
                                                     Name: Alan M. Bennett
                                                     Title: Vice President and
                                                            Corporate Controller

<PAGE>   1
                                                                    EXHIBIT 99.1



[Aetna Logo]                                               151 Farmington Avenue
                                                           Hartford, Conn. 06156


                                                           MEDIA CONTACT:
                                                           Joyce A. Oberdorf
                                                           860-273-7392
                                                           [email protected]

                                                           INVESTOR CONTACT:
                                                           Robyn S. Walsh
                                                           860-273-6184
                                                           [email protected]

News Release


                         MICHAEL J. CARDILLO RETIRES


HARTFORD, CT, May 18, 2000 -- Aetna (NYSE: AET) today announced that Michael J.
Cardillo, 57, President of Aetna U.S. Healthcare, is retiring from the company.

Aetna Chairman and CEO William H. Donaldson, who recently took on the
additional role of CEO of Aetna U.S. Healthcare, will continue in that role.
Adviser Robert S. "Steve" Miller will serve with Mr. Donaldson in the Office of
the CEO. The previously announced search for a CEO for the health business will
continue.

"Mike Cardillo served the company as a strong leader during a period of
significant growth and change in the health care industry." Donaldson said.
" I would like to thank him for his hard work, dedication and service.

"We will continue to move toward our stated goal of improving Aetna U.S.
Healthcare's leadership position, financial performance and relationships with
physicians, hospitals and patients," Donaldson said.


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