Humana has announced the appointment of Jim Rechtin as the new President and Chief Executive Officer of the company, effective from January 8, 2024. During the transition period, Rechtin will report to Bruce Broussard, the current CEO. Broussard is expected to step down in the latter half of 2024, at which point Rechtin will assume full responsibility as CEO.
In a press release, Humana clarified that this CEO transition has been part of a long-term plan for Broussard, who initially joined the company in 2011 and took on the role of CEO in 2013.
Jim Rechtin comes to Humana from Envision Healthcare, where he has been serving as President and CEO. Prior to his role at Envision, he held the position of President at OptumCare, a division of UnitedHealth Group. Rechtin, a Kentucky native, holds degrees from Harvard Business School and DePauw University.
Kurt Hilzinger, Chair of the Humana Board, stated, “The board of directors has worked diligently to find the right leader who can take Humana into the next phase of growth and transformation. Jim brings a strong combination of operational, industry, and CEO expertise. His first-hand experience leading through challenges and opportunities of a changing health care services continuum will help accelerate our integrated care strategy at pace.”
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