Home Health Care News May 14, 2024
Humana Inc. (NYSE: HUM) announced Monday that Jim Rechtin would be succeeding Bruce Broussard in the CEO role on July 1. On Tuesday, Broussard explained why.
Ultimately, the CEO succession plan had been in place at Humana for a while. Broussard has served in the CEO chair since 2013, and Rechtin was named his successor in October of last year.
“When the board began the search, we were really looking at a few things, including character traits and experience. Those were obviously two major areas,” Broussard said at the B of A Securities Healthcare Conference Tuesday. “Jim really fit both of the buckets quite well.”
The board was looking for someone with a great “capacity to deal with complexity,” according...
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