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Since July 2024, he has been chief executive officer (CEO) of Humana, a healthcare company. [1] Rechtin is a Kentucky native. [2] He earned a bachelor's degree from DePauw University, and an MBA from Harvard Business School. [3] Rechtin worked for Bain & Company for over a decade, and was then president of UnitedHealth Group's subsidiary Optum. [1]
Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
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Last week, Humana Inc (NYSE:HUM) agreed to pay $90 million to the federal government to settle a whistleblower lawsuit alleging fraudulent Medicare Part D bids. The lawsuit, filed by Phillips ...
The right to petition government for redress of grievances is the right to make a complaint to, or seek the assistance of, one's government, without fear of punishment or reprisals. The right can be traced back to the Bill of Rights 1689 , the Petition of Right (1628) , and Magna Carta (1215) .
The right of government employees to address grievances with their employer over work-related matters can be restricted to administrative processes under Supreme Court precedent. In Pickering v. Board of Education , the Supreme Court decided that the court must balance the employee's right to engage in speech against the government's interest ...
In 2011, Broussard became president of Humana and in 2013, was promoted to CEO, succeeding Michael B. McCallister. Under Broussard's tenure, Humana's revenue grew to $92.9 billion in 2022 from $39.1 billion in 2012 and its net income doubled to $2.8 billion. Its stock price increased from $63 to over $500. [15]
The Humana Building, also known as the Humana Tower, [1] is a 1985 skyscraper in downtown Louisville, Kentucky, located at 500 West Main Street and headquarters of the Humana Corporation. It was built by the Auchter Company .