According to Humana's regulatory proxy filings submitted to the SEC, top executive compensation is primarily driven by performance-based stock awards and incentives.
For the most recent fiscal year (2025), here is how much each of Humana's top executives earned in total annual compensation:
2025 Top Executive Compensation
- Celeste M. Mellet (Chief Financial Officer): $18.92 million total compensation. This included a $1.11 million base salary, a $6 million signing bonus, and $10.65 million in equity awards.
- James A. Rechtin (President & Chief Executive Officer): $18.76 million total compensation. This consisted of a $1.35 million base salary, $13.87 million in stock awards, and $3.03 million in cash incentive pay.
- Michelle A. O'Hara (Chief Human Resources Officer): $8.94 million total compensation. This included a $715,385 base salary, a $2.5 million bonus, and $4.86 million in stock awards.
- Susan M. Diamond (Former Chief Financial Officer): $2.4 million total compensation during her remaining transition tenure with the company.
Breakdown of a Typical Executive Pay Package
Executive packages at Humana Inc. generally follow a rigid, performance-linked structure:
- Base Salary: Typically ranges from $700,000 to $1.35 million. This accounts for less than 10% of their ultimate take-home pay.
- Equity and Stock Awards: The vast majority of compensation (often 70% to 90%) is paid out in stock and option awards tied directly to shareholder value.
- Non-Equity Incentive Plan: Annual performance bonuses determined by specific metrics like Adjusted EPS and Medicare Advantage membership growth.