Health insurer and healthcare services provider Humana will have a new chief executive come July.
Jim Rechtin, who came on board in January as part of a long-planned leadership succession, will transition from his roles as president and chief operating officer to president and CEO in time for the changeover with Bruce Broussard in the middle of the year.
Broussard, who will serve as a strategic advisor to the company into 2026, is resigning from the Humana board on July 1, while Rechtin will join the directors roster on the same date.
Kurt Hilzinger, board chair at Humana, noted: “Since joining Humana, Jim has embedded himself in our business and quickly connected with our employees and customers. He has brought a collaborative, thoughtful, and innovative leadership style to our organization, and his extensive healthcare experience brings new insights into Humana’s approach to integrated care.
“The onboarding process has been progressing well, and the board is confident that Jim is ready to assume the CEO role on July 1 and lead an exciting new chapter for the company.”
Commenting on his upcoming role, Rechtin stated: “I am incredibly excited to be named CEO of Humana and humbled to have the opportunity to lead 65,000 dedicated teammates as we seek to provide better health outcomes at lower costs for our members and customers.
“I appreciate the trust and confidence shown to me by the Humana board, Bruce, and the entire leadership team. As an enterprise, we have tremendous growth prospects, driven by a differentiated value proposition and attractive market fundamentals.
“I am committed to innovating and improving our operations even further, finding better ways of working and providing equitable access to high-quality healthcare while generating long-term shareholder value.”
Before joining Humana, Rechtin held leadership roles across the healthcare industry, most recently as president and CEO of Envision Healthcare. He has over 22 years of experience focusing on value-based care in various medical group settings.
Rechtin, originally from Kentucky, began his professional journey by managing operations at a nonprofit health and human services clinic in Indianapolis and served in the United States Peace Corps in the Congo.
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