Bruce Dale Broussard (born ) is an American business executive. From 2013 to 2024, Broussard was

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

(CEO) of Humana, a healthcare company with headquarters in

Louisville, Kentucky Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city ...

. Prior to joining Humana, he had several executive roles, including CEO of McKesson Specialty/US Oncology. Broussard has participated in business advocacy organizations such as the Business Roundtable, The Business Council, and the American Heart Association CEO Roundtable. He is a board member of HP Inc., and a member and previous chair of

America's Health Insurance Plans AHIP (formerly America's Health Insurance Plans) is an American political advocacy and trade association of health insurance companies that offer coverage through the employer-provided, Medicare Advantage, Medicaid managed care, and individual ma ...

. Broussard was chair of the trust for the National Mall, a nonprofit philanthropic partner of the

National Park Service The National Park Service (NPS) is an List of federal agencies in the United States, agency of the Federal government of the United States, United States federal government, within the US Department of the Interior. The service manages all List ...

dedicated to restoring and preserving the

National Mall The National Mall is a Landscape architecture, landscaped park near the Downtown, Washington, D.C., downtown area of Washington, D.C., the capital city of the United States. It contains and borders a number of museums of the Smithsonian Institu ...

Biography

Broussard was born in

Hamilton, New York Hamilton is a Administrative divisions of New York#Town, town in Madison County, New York, Madison County, New York (state), New York, United States. The population was 6,379 at the 2020 census. The town is named after American Founding Father ...

, the son of Wilbert and Sandy Broussard. His father served in the

US Air Force The United States Air Force (USAF) is the Air force, air service branch of the United States Department of Defense. It is one of the six United States Armed Forces and one of the eight uniformed services of the United States. Tracing its ori ...

and then spent his career in technology working at several telecommunications companies, requiring the family to move to several different cities, eventually landing in

Houston, Texas Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

, where Broussard spent the remainder of his childhood. Broussard received a BBA in finance and accounting from the Mays Business School at

Texas A&M University Texas A&M University (Texas A&M, A&M, TA&M, or TAMU) is a public university, public, Land-grant university, land-grant, research university in College Station, Texas, United States. It was founded in 1876 and became the flagship institution of ...

, and a

Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

in finance from the

University of Houston The University of Houston (; ) is a Public university, public research university in Houston, Texas, United States. It was established in 1927 as Houston Junior College, a coeducational institution and one of multiple junior colleges formed in ...

. 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 A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, ...

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 CEO of Harbor Dental. In 2000 Broussard began working for US Oncology, which was acquired by the

McKesson Corporation McKesson Corporation is a publicly traded American company that distributes Medication, pharmaceuticals and provides health information technology, Medical device, medical supplies, and Health administration, health management tools. The company ...

in 2010. For six years, he was the company's chief financial officer. He became president in 2005 and was head of

investor relations Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law Regulatory compliance, compliance to enable the most effective two-way communication between a com ...

. He was also in charge of pharmaceutical services, pharmaceutical distribution, marketing, and growth initiatives. He became CEO of US Oncology in 2008, and chairman a year later. 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. Since 2013, Broussard's focus on Humana's Medicare Advantage business saw a 17 percent increase in membership compared to traditional Medicare, outpacing the rest of the industry. He has also been credited with expanding Humana's focus from solely health insurance to an integrated healthcare model. In 2023, Humana announced that Broussard would step down in 2024, to be replaced by Envision Healthcare president and CEO Jim Rechtin, after which Broussard will continue in a strategic advisor role into 2025. Broussard's board roles include HP Inc., and chair of the trust for the

References

External links

Appearances on C-Span
{{DEFAULTSORT:Broussard, Bruce D. 21st-century American businesspeople Living people 1960s births People from Hamilton, New York Humana people Year of birth missing (living people)