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== Career ==
== Career ==
He has spent his career in the health care field. Beginning in 1990 he was vice president and treasurer for Continental Medical Systems. Three years later he became [[chief financial officer]] at Sun Healthcare Group. During the next year he was chief financial officer and executive vice president at Regency Health Services. From 1997 to 2000 he was chief executive officer of Harbor Dental.<ref name="Bloomberg" />
Beginning in 1990 he was vice president and treasurer for Continental Medical Systems. Three years later he became [[chief financial officer]] at Sun Healthcare Group. During the next year he was chief financial officer and executive vice president at Regency Health Services. From 1997 to 2000 he was chief executive officer of Harbor Dental.<ref name="Bloomberg" />


In 2000 Broussard began working for US Oncology, which was acquired by the [[McKesson Corporation]] in 2010.<ref>{{Cite web|url=https://www.forbes.com/sites/davidwhelan/2010/11/01/why-did-mckesson-buy-u-s-oncology/|title=Why Did McKesson Buy U.S. Oncology?|last=Whelan|first=David|website=Forbes|language=en|access-date=2019-09-19}}</ref> For six years, he served as the company's chief financial officer.<ref name=":0">{{Cite web|last=Azevedo|first=Mary Ann|date=21 October 2005|title=Broussard named president of US Oncology|url=https://www.bizjournals.com/houston/stories/2005/10/17/daily40.html|access-date=|website=Houston Business Journal}}</ref> He became president in 2005<ref name=":0" /> and was head of [[investor relations]]. He was also in charge of pharmaceutical services, pharmaceutical distribution, marketing, and growth initiatives.<ref name=":0" /> He became chief executive officer of US Oncology in 2008, and chairman of the board a year later.<ref>{{Cite web|last=Barr|first=Greg|date=6 August 2009|title=US Oncology founder to retire|url=https://www.bizjournals.com/houston/stories/2009/08/03/daily48.html|url-status=live|archive-url=https://web.archive.org/web/20090809145233/http://www.bizjournals.com:80/houston/stories/2009/08/03/daily48.html |archive-date=2009-08-09 |access-date=|website=Houston Business Journal}}</ref> In 2013, he became president and CEO of Humana.<ref name="Bloomberg" />
In 2000 Broussard began working for US Oncology, which was acquired by the [[McKesson Corporation]] in 2010.<ref>{{Cite web|url=https://www.forbes.com/sites/davidwhelan/2010/11/01/why-did-mckesson-buy-u-s-oncology/|title=Why Did McKesson Buy U.S. Oncology?|last=Whelan|first=David|website=Forbes|language=en|access-date=2019-09-19}}</ref> For six years, he served as the company's chief financial officer.<ref name=":0">{{Cite web|last=Azevedo|first=Mary Ann|date=21 October 2005|title=Broussard named president of US Oncology|url=https://www.bizjournals.com/houston/stories/2005/10/17/daily40.html|access-date=|website=Houston Business Journal}}</ref> He became president in 2005<ref name=":0" /> and was head of [[investor relations]]. He was also in charge of pharmaceutical services, pharmaceutical distribution, marketing, and growth initiatives.<ref name=":0" /> He became chief executive officer of US Oncology in 2008, and chairman of the board a year later.<ref>{{Cite web|last=Barr|first=Greg|date=6 August 2009|title=US Oncology founder to retire|url=https://www.bizjournals.com/houston/stories/2009/08/03/daily48.html|url-status=live|archive-url=https://web.archive.org/web/20090809145233/http://www.bizjournals.com:80/houston/stories/2009/08/03/daily48.html |archive-date=2009-08-09 |access-date=|website=Houston Business Journal}}</ref>
In 2011, Broussard became president of Humana and in 2013, he was promoted to CEO, succeeding [[Michael_McCallister | 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 also increased from $63 to above $500.<ref name="Livings10112023">{{cite news |title=Humana just tapped an Envision exec to be its next CEO as the insurance giant pushes deeper into clinics and home care |last=Livingston |first=Shelby |work=[[Business Insider]] |url=https://www.businessinsider.com/humana-ceo-broussard-stepping-down-envision-exec-rechtin-successor-2023-10 |date=October 11, 2023 |access-date=December 18, 2023}}</ref>


==Compensation==
In 2016, Broussard's base salary was $1.24 million. His total compensation for the same year was $19.7 million, up from $10.3 million in 2015.<ref name="Larson">{{cite web|last1=Larson|first1=Chris|title=Humana CEO Bruce Broussard's pay nearly doubled in 2016| url=https://www.bizjournals.com/louisville/news/2017/03/08/humana-ceo-bruce-broussards-pay-nearly-doubled-in.html|website=Biz Journals|accessdate=May 8, 2018|date=March 8, 2017}}</ref>


==References==
==References==

Revision as of 18:52, 26 March 2024

For the Oregon media and political personality, see Bruce Broussard (Oregon).
Bruce Broussard
Broussard in 2020
Personal details
Born
Bruce Dale Broussard
EducationTexas A&M University, College Station (BS)
University of Houston (MBA)

Bruce Dale Broussard is an American business executive. Since, 2013, Broussard has served as chief executive officer and president of Humana, a healthcare company with headquarters in Louisville, Kentucky.[1] Prior to joining Humana, Broussard served in several executive roles, including chief executive office of McKesson Specialty/US Oncology.[2]

Broussard participates business advocacy organizations such as the Business Roundtable,[3] The Business Council,[4] and the American Heart Association CEO Roundtable.[5] He is a member of the Board of Directors of HP Inc.,[6] and a member and previous Chair of America's Health Insurance Plans.[7] Broussard serves as Chair of the Board of Directors of the Trust for the National Mall,[8] a nonprofit philanthropic partner of the National Park Service dedicated to restoring and preserving the National Mall.

Biography

Broussard was born in Hamilton, New York, the son of Wilbert and Sandy Broussard.[9] His father served in the US Air Force and then spent his career in technology working at several telecommunications companies,[9] requiring the family to move to several different cities, eventually landing in Houston, Texas where Broussard spent the remainder of his childhood.

Broussard was seventeen, his family adopted a Vietnamese family upon their displacement from Vietnam following the Vietnam war.[10]

Broussard received a BBA in Finance and Accounting from the Mays Business School at Texas A&M University and a Master of Business Administration in Finance from the University of Houston.[1][11] He is a certified public accountant.

Career

Beginning in 1990 he was vice president and treasurer for Continental Medical Systems. Three years later he became chief financial officer at Sun Healthcare Group. During the next year he was chief financial officer and executive vice president at Regency Health Services. From 1997 to 2000 he was chief executive officer of Harbor Dental.[1]

In 2000 Broussard began working for US Oncology, which was acquired by the McKesson Corporation in 2010.[12] For six years, he served as the company's chief financial officer.[13] He became president in 2005[13] and was head of investor relations. He was also in charge of pharmaceutical services, pharmaceutical distribution, marketing, and growth initiatives.[13] He became chief executive officer of US Oncology in 2008, and chairman of the board a year later.[14] In 2011, Broussard became president of Humana and in 2013, he 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 also increased from $63 to above $500.[15]


References

  1. ^ a b c "Bruce Dale Broussard". Bloomberg.com. Retrieved May 8, 2018.
  2. ^ Azevedo, Mary Ann (21 October 2005). "Broussard named president of US Oncology". www.bizjournals.com. Retrieved 2024-01-30.
  3. ^ "President and CEO". www.businessroundtable.org. Retrieved 2023-08-11.
  4. ^ Admin. "Active Members". The Business Council. Retrieved 2023-08-11.
  5. ^ "Humana". CEO Roundtable. Retrieved 2023-08-11.
  6. ^ "HP - Governance - Board of Directors - Person Details". investor.hp.com. Retrieved 2023-08-11.
  7. ^ "Bruce D. Broussard". AHIP. Retrieved 2023-08-11.
  8. ^ "Bruce D. Broussard". Trust for the National Mall. 2023-02-28. Retrieved 2023-08-11.
  9. ^ a b "Wilbert Broussard Obituary - Houston, TX". Dignity Memorial. Retrieved 2023-08-11.
  10. ^ Humana CEO Bruce D. Broussard's 2018 Ripple of Hope Gala Remarks, retrieved 2023-08-11
  11. ^ "Bruce D. Broussard". Businessweek. Bloomsberg Businessweek. Archived from the original on August 11, 2013. Retrieved October 30, 2014.
  12. ^ Whelan, David. "Why Did McKesson Buy U.S. Oncology?". Forbes. Retrieved 2019-09-19.
  13. ^ a b c Azevedo, Mary Ann (21 October 2005). "Broussard named president of US Oncology". Houston Business Journal.
  14. ^ Barr, Greg (6 August 2009). "US Oncology founder to retire". Houston Business Journal. Archived from the original on 2009-08-09.
  15. ^ Livingston, Shelby (October 11, 2023). "Humana just tapped an Envision exec to be its next CEO as the insurance giant pushes deeper into clinics and home care". Business Insider. Retrieved December 18, 2023.
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