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.