Broadcom vs Humana: Founders, CEOs and History
Broadcom was founded in 1991 by Henry Samueli, Henry Nicholas III and is led by Hock Tan. Humana was founded in 1961 by Wendell Cherry, David A. Jones Sr. and is led by James A. (Jim) Rechtin.
Company facts
Founders
Broadcom
Henry Samueli
Henry Samueli co-founded Broadcom Corporation in Los Angeles in 1991 with Henry Nicholas III, his former doctoral student, and served as its chief technical officer while the company built chips for cable modems, set-top boxes, Ethernet and Wi-Fi.
Henry Nicholas III
Henry Nicholas III co-founded Broadcom Corporation with Samueli in 1991 and was its president and CEO through the cable modem boom, the April 1998 IPO and a string of stock-funded acquisitions in 1999 and 2000. He resigned in January 2003.
Humana
Wendell Cherry
Wendell Cherry and his law-school classmate David A. Jones Sr. each put in about $1,000 to open the Heritage House nursing home in Louisville in 1961. The venture grew into Extendicare, the largest nursing home chain in the U.S., and went public in 1968.
David A. Jones Sr.
David A. Jones Sr. led Humana through each of its major pivots: from nursing homes (Extendicare) to hospitals in the 1970s, into health plans in the 1980s, and to a pure health benefits company after the 1993 spin-off of its hospitals as Galen Health Care.
CEOs and their tenures
Broadcom
- Henry Samueli1991–present
Co-Founder and Chairman of the Board
Henry Samueli co-founded Broadcom Corporation in 1991 and, as chief technical officer, led the engineering behind its cable modem, Ethernet and Wi-Fi chips. He joined the board after Avago bought Broadcom Corporation in 2016 and is chairman of Broadcom Inc.
Source - Henry Nicholas III1991–2003
Co-Founder; President and CEO of Broadcom Corporation
Henry Nicholas III ran Broadcom Corporation from its founding through its April 1998 IPO and the dot-com boom, then resigned in January 2003. Backdating and drug charges brought against him in 2008 were dismissed in December 2009 and January 2010.
Source - Scott McGregor2005–2016
President and CEO of Broadcom Corporation
Scott McGregor led Broadcom Corporation from 2005 until Avago completed its $37 billion acquisition in February 2016, a period when the company expanded in Wi-Fi, Bluetooth, set-top box and data center switch chips.
Source - Hock Tan2006–present
President and Chief Executive Officer
Hock E. Tan became CEO of Avago Technologies in March 2006 and has run the company through its acquisitions of LSI (2014), Broadcom Corporation (2016), Brocade (2017), CA Technologies (2018), Symantec's enterprise business (2019) and VMware (2023).
Source - Kirsten Spears2020–2026
Chief Financial Officer
Kirsten Spears was CFO for about six years of her 12 years at Broadcom, covering the VMware financing and the AI-driven growth of 2024 and 2025. She retired on 12 June 2026 and agreed to advise the company for nine months.
Source - Amie Thuener2026–present
Chief Financial Officer
Amie Thuener joined Broadcom as CFO on 12 June 2026 from Alphabet, where she had been vice president, corporate controller and chief accounting officer since 2018, after an earlier career at PricewaterhouseCoopers.
Source
Humana
- Bruce Broussard2013–2024
Former Chief Executive Officer
Broussard led Humana from 2013 to 2024, growing Medicare Advantage membership, creating the CenterWell brand, and completing the 2021 Kindred at Home acquisition.
Source - James A. (Jim) Rechtin2024–present
President and Chief Executive Officer
Under Rechtin, Humana grew Medicare Advantage membership by more than 1 million for 2026 while planning exits covering about 600,000 members for 2027 to restore margins.
Source - Celeste Mellet2025–present
Chief Financial Officer
Appointed CFO in 2023, she manages the severe financial fallout resulting from the US government's unexpected cuts to Medicare Advantage reimbursement rates.
Source
Timeline: Broadcom and Humana side by side
1961Humana
Heritage House Opens
Lawyers David A. Jones Sr. and Wendell Cherry opened a nursing home in Louisville, the start of the company that became Humana.
1968Humana
Extendicare IPO
The nursing home company, then called Extendicare, went public and became the largest U.S. nursing home chain.
1974Humana
Renamed Humana
After shifting from nursing homes to hospitals, the company adopted the Humana name.
1991Broadcom
Broadcom Corporation founded
UCLA professor Henry Samueli and his former doctoral student Henry Nicholas III found Broadcom Corporation in Los Angeles to build broadband communications chips in CMOS, starting with chips for cable modems and digital set-top boxes.
1993Humana
Hospitals Spun Off
Humana spun off its hospitals as Galen Health Care, leaving a pure health benefits company.
1998Broadcom
Broadcom Corporation IPO
Broadcom Corporation lists on Nasdaq in April 1998 at $24 a share, as cable operators roll out DOCSIS cable modems built on its chips.
2005Broadcom
Avago Technologies formed
KKR and Silver Lake buy Agilent Technologies' semiconductor products group, whose roots go back to Hewlett-Packard's chip operations, for about $2.66 billion and name it Avago Technologies.
2006Broadcom
Hock Tan becomes CEO of Avago
Hock Tan becomes president and CEO of Avago in March 2006 and begins pruning its portfolio to the businesses with defensible technology.
2009Broadcom
Avago lists on Nasdaq
Avago Technologies goes public on Nasdaq in August 2009 at $15 a share, giving it stock to use in later acquisitions.
2012Humana
Acquired Arcadian Management Services
Humana acquired Arcadian Management Services. Humana acquired Arcadian, a Medicare Advantage plan operator, to add membership in several states.
2014Broadcom
LSI Corporation acquired
Avago completes its $6.6 billion purchase of LSI in May 2014, adding storage controllers and custom ASIC design teams.
2016Broadcom
Avago buys Broadcom Corporation
Avago completes its $37 billion acquisition of Broadcom Corporation in February 2016, takes the Broadcom name and trades as AVGO.
2017Broadcom
Brocade acquired
Broadcom completes its $5.9 billion purchase of Brocade Communications in November 2017, adding Fibre Channel storage networking switches.
2017Humana
Aetna Merger Blocked
A federal judge blocked Aetna's roughly $37 billion acquisition of Humana; Aetna paid Humana a $1 billion breakup fee.
2018Broadcom
Qualcomm bid blocked and move to the U.S.
President Trump blocks Broadcom's unsolicited bid for Qualcomm on national security grounds in March 2018. Broadcom completes its redomicile from Singapore to the United States that April.
2018Broadcom
CA Technologies acquired
Broadcom completes its $18.9 billion purchase of CA Technologies in November 2018, its first large software deal, creating the infrastructure software segment.
2019Broadcom
Symantec enterprise security acquired
Broadcom buys Symantec's enterprise security business for $10.7 billion in November 2019, adding endpoint, web and data loss prevention software.
2021Humana
Full Ownership of Kindred at Home
Humana bought the 60% of Kindred at Home it did not already own, later rebranding the home health business under CenterWell.
2022Broadcom
VMware deal announced
Broadcom agrees in May 2022 to buy VMware in a cash-and-stock deal valued at about $61 billion at announcement.
2023Broadcom
VMware acquisition closes
Broadcom completes the VMware acquisition on 22 November 2023 after clearances in the U.S., EU, UK and China, a deal valued at about $69 billion including assumed debt.
2024Broadcom
Stock split and $1 trillion market value
Broadcom splits its stock 10-for-1 in July 2024, sells VMware's end-user computing unit to KKR for about $4 billion, reports fiscal 2024 revenue of $51.6 billion and passes $1 trillion in market value in December 2024.
2024Humana
Jim Rechtin Becomes CEO
Jim Rechtin, who joined as President and COO in January 2024, succeeded Bruce Broussard as CEO in July 2024.
2025Broadcom
OpenAI partnership and record fiscal 2025
OpenAI and Broadcom agree in October 2025 to deploy 10 gigawatts of OpenAI-designed accelerators. Fiscal 2025 revenue rises 24% to $63.9 billion, with about $20 billion from AI chips.
2025Humana
$129.7B FY2025 Revenue
Humana reported $129.66B in revenue and $1.19B in net income, and completed its exit from employer-group commercial medical coverage.
2026Broadcom
AI chips pass half of revenue
Amie Thuener becomes CFO in June 2026. Third-quarter fiscal 2026 revenue rises 86% to $29.6 billion, and AI semiconductor revenue of $16.7 billion is 56% of the total.
2026Humana
Medicare Advantage Surge and 2027 Pullback
Humana added more than 1 million MA members for 2026, reported Q2 revenue of $40.89B, and said it will exit plans covering about 600,000 members for 2027.
Acquisitions
Broadcom
- VMware2023$69B
- Symantec Enterprise Security business2019$10.7B
- CA Technologies2018$18.9B
- Brocade Communications Systems2017$5.9B
- Broadcom Corporation2016$37B
- LSI Corporation2014$6.6B
Questions about Broadcom vs Humana
Who is the CEO of Broadcom Inc. and Humana Inc.?
Broadcom Inc. is led by Hock Tan and Humana Inc. is led by James A. (Jim) Rechtin. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Broadcom Inc. founded vs Humana Inc.?
Humana Inc. was founded in 1961 — 30 years before Broadcom Inc., which was founded in 1991. Humana Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Broadcom Inc..
How many employees does Broadcom Inc. have compared to Humana Inc.?
Broadcom Inc. employs approximately 33,000 people, while Humana Inc. employs approximately 67,600. Humana Inc. has the larger workforce at 67,600 employees, compared to Broadcom Inc.'s 33,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Broadcom Inc. and Humana Inc. headquartered?
Both Broadcom Inc. and Humana Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Broadcom Inc. and Humana Inc.?
Broadcom Inc. was founded by Henry Samueli, Henry Nicholas III. Humana Inc. was founded by Wendell Cherry, David A. Jones Sr..
Which company has a longer operating history — Broadcom Inc. or Humana Inc.?
Humana Inc. has been operating for approximately 65 years, making it the more established of the two companies. Broadcom Inc. has been in operation for around 35 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Broadcom vs Humana overview