Bruce D. Broussard is the current CEO of Humana Inc., having held this position since 2013 after being promoted from President. He has a solid educational background with both a Bachelor's degree and an MBA, all from the University of...

Bruce D. Broussard is the current CEO of Humana Inc., having held this position since 2013 after being promoted from President. He has a solid educational background with both a Bachelor's degree and an MBA, all from the University of Florida. Broussard's leadership has been vital during Humana's transformation in the healthcare industry. Notably, his total compensation in 2023 was about $1.94 million, a significant decrease from previous years, primarily due to performance metrics not being met. Despite this, he has had periods where his total compensation exceeded $17 million annually, highlighting the potential for performance-based pay. He has also been involved in insider trading, with transactions peaking at around $56.78 million in value in late 2020. Interestingly, Broussard is set to step down in July 2024, marking a significant transition for the company. Before joining Humana, he had a successful stint at McKesson Specialty/US Oncology, gaining valuable experience in healthcare management. He emphasizes aligning executive compensation with company performance, showing his commitment to shareholder interests. Broussard’s career reflects both challenges and achievements, as he navigates the complexities of the healthcare landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Humana CEOs

H

Bruce D. Broussard

Ex-CEO of Humana

Education

MBA from University of Houston

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

January 1, 1963 - 62 years ago

CEO of Humana for

11 years 6 months (Jan 2013 - Jul 2024)

Previous Experience

CEO of US Oncology

Rivals

Competitors/colleagues of Bruce D. Broussard

M

Joseph M. Zubretsky

CEO of Molina Healthcare

2023 Compensation

Stock

$1.15M

Salary

$1.10M

Bonus

$2.04M

Other

$87.75K

Total Holdings

$110.57M

U

Sir Andrew P. Witty

CEO of UnitedHealth Group

2023 Compensation

Stock

$1.00M

Salary

$1.50M

Bonus

$1.80M

Other

$0.00

Total Holdings

$49.01M

C

Sarah M. London

CEO of Centene

2023 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$2.79M

Other

$285.34K

Total Holdings

$40.36M

E

Gail K. Boudreaux

CEO of Elevance Health

2023 Compensation

Stock

$0.00

Salary

$1.60M

Bonus

$3.65M

Other

$840.96K

Total Holdings

$152.11M

Holdings

See how much did Bruce D. Broussard make over time.

Bruce D. Broussard has had varying levels of equity holdings in Humana Inc., demonstrating significant fluctuations over the years. His insider trading history is particularly noteworthy, with some transactions in 2020 reaching an impressive peak of $56.78 million. This indicates...

Bruce D. Broussard has had varying levels of equity holdings in Humana Inc., demonstrating significant fluctuations over the years. His insider trading history is particularly noteworthy, with some transactions in 2020 reaching an impressive peak of $56.78 million. This indicates high-value decisions that align with the company’s financial health at those times. His wealth tied to holdings has not always been consistent, with a notable increase during late 2019 through 2021, where values hovered between $20 million and $56 million. However, Broussard's recent years show a careful approach, maintaining a balanced perspective on his stock positions against the company’s overall performance. The shifts in his asset values reflect how closely connected executive performance and market conditions can be. Today, he remains committed to a strategy that emphasizes shareholder value and responsible decision-making.

Total Stock Sold

$179.51M

HUM

$179.36M

675,489 HUM shares

USPH

$147.90K

7,500 USPH shares

What if they kept their stock?

If Bruce D. Broussard didn't sell their stock, today they would have:
Extra HUM675,489 shares worth $250.89M and USPH7,500 shares worth $513.90K.
This is 40.05% and $71.89M more than what they got when they sold the stock.

Charitable Transactions

HUM

36,628 shares

HUM

Recent Charitable Transactions

HUM

7,962 shares

HUM

Nov 3, 2022

Charity

HUM

28,666 shares

HUM

Nov 4, 2020

Charity

Insider Trading

See recent insider trades of Bruce D. Broussard.

HUM

21,786 shares

HUM

Feb 21, 2024

Received

HUM

$8.89M

HUM at $505.85/share

Feb 24, 2023

Sale

HUM

$3.72M

HUM at $531.92/share

Dec 12, 2022

Sale

HUM

$5.10M

HUM at $566.17/share

Nov 3, 2022

Sale

HUM

7,962 shares

HUM

Nov 3, 2022

Charity

HUM

$22.79M

HUM at $455.77/share

Nov 5, 2021

Sale

HUM

$10.41M

HUM at $378.14/share

Feb 19, 2021

Sale

HUM

$29.15M

HUM at $451.15/share

Nov 4, 2020

Sale

HUM

28,666 shares

HUM

Nov 4, 2020

Charity

HUM

$7.57M

HUM at $310.65/share

Feb 22, 2019

Sale

Compensation History

See how much did Bruce D. Broussard make over time.

In 2023, Bruce D. Broussard’s total compensation dropped to approximately $1.94 million. This is a significant decrease compared to previous years, where he earned as much as $17.1 million in 2022, largely attributed to not meeting specific performance targets. His compensation package included an annual salary, with additional benefits and contributions to retirement plans constituting a sizable portion of his overall earnings. This level of compensation highlights how executive pay is intricately tied to company performance metrics like earnings per share and customer satisfaction scores. The structure of his pay emphasizes a strong alignment with the company's success, reflecting industry practices that prioritize results-driven remuneration. Previous years also showed him receiving substantial performance-based bonuses and equity awards, making the recent decline noteworthy in context.

Year

2023

Total Compensation

$1.94M

Salary

$1.47M

Board Justification

The compensation philosophy emphasizes aligning executive pay with performance metrics and shareholder interests, with a significant portion of compensation being performance-based.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 due to failure to meet threshold performance metrics in the AIP.

Other

$465.78K

Board Justification

Includes contributions to retirement plans, personal use of company aircraft, matching charitable contributions, financial planning, and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the performance-based units did not meet the required performance criteria.

Performance Metrics

Adjusted EPS, Net Promoter Score (NPSr), and individual Medicare Advantage membership growth.

Other Humana CEOs

Here are other CEOs of Humana

James A. Rechtin

CEO of Humana

July 2024 - Present