Humana Inc. executive compensation revealed in U.S. Securities and Exchange Commission filing – Louisville – Louisville Business First


Humana Inc. president and CEO Bruce Broussard made a little more than $10.3 million last year.

That’s his total pay from the Louisville-based insurance giant (NYSE: HUM),according to a proxy statement filed this week with the U.S. Securities and Exchange Commission. The number includes his salary, stocks and options, and other miscellaneous compensation.

Broussard’s base salary was $1.2 million, up from from $1.1 million in 2014. The majority of his total pay came from stock and option awards.

The company’s stock was trading at $183.76 at midday Thursday.

The proxy statements also revealed the total compensation for four other top executives:

  • Brian A. Kane, senior vice president and CFO: $2.3 million;
  • James E. Murray, executive vice president and COO: $3.4 million;
  • Jody Bilney, senior vice president and chief consumer officer: $2.3 million;
  • Timothy S. Huval, senior vice president and chief human resources officer: $2.3 million.

What’s interesting is that Broussard’s total compensation is the only one among those executives that increased in 2015 from 2014. His rose about $185,000 in that time, while the other executives listed above saw six-figure decreases.

Broussard’s total compensation has risen by about $1.5 million from 2013 to 2015.

Other interesting tidbits: The total cost of Broussard’s personal use of the company aircraft, including lost tax deduction and other expenses, was about $57,000 last year.

The proxy statement also notes matching charitable contributions (each of these executives donated at least $20,000), financial planning, and company contributions to each executive’s Humana retirement savings and retirement equalization plans. There also is an “other” category, which includes miscellaneous expenses such as life insurance and relocation costs.

Source: www.bizjournals.com

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