7 Humana executives receive almost $27M in stock

This month, seven executives from Louisville, Ky.-based Humana received almost $27 million in common shares for longevity and performance, according to Insider Louisville.

The restricted stocks of the following Humana senior executives vested this month at the values listed:

  • Bruce Broussard, CEO:  $12.2 million
  • James Murray, executive VP and COO: $4.9 million
  • Timothy Huval, senior VP and chief HR officer: $3.3 million
  • Christopher Todoroff, senior VP and general counsel: $3.3 million
  • Brian LeClaire, senior VP and CIO: $1.6 million
  • Heidi Margulis, senior VP of corporate affairs: $1.1 million
  • Cynthia Zipperle, VP, chief accounting officer and controller: $506,000

In addition, the Securities and Exchange Commission filings show 11 Humana executives were given a total of 68,000 restricted stock units this month, worth a value of $12 million if sold at this week's closing price.

However, Mr. Broussard recently sent an email to Humana managers, claiming that since 2015 "was a difficult year with mixed business results and operational misses," they would not receive full bonus payments, according to Insider Louisville.

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