Humana vs JPMorgan Chase: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Humana and JPMorgan Chase side by side

1. 1799JPMorgan Chase

   Manhattan Company Chartered

   Aaron Burr and Alexander Hamilton led the effort to obtain a New York charter for the Manhattan Company.

2. 1871JPMorgan Chase

   Drexel, Morgan & Co. Formed

   J. Pierpont Morgan and Anthony Drexel formed Drexel, Morgan & Co. in New York. The partnership developed into J.P. Morgan & Co., creating the Morgan banking lineage that would remain separate from Chase until the companies combined in 2000.

3. 1907JPMorgan Chase

   Panic of 1907

   During the Panic of 1907, J. Pierpont Morgan organized bankers and other private participants to support strained financial institutions. The episode became a defining part of the Morgan firm's history in an era before the Federal Reserve existed.

4. 1955JPMorgan Chase

   Chase Manhattan Created

   The Bank of the Manhattan Company merged with Chase National Bank to form Chase Manhattan Bank. This combination joined the firm's oldest 1799 predecessor with the Chase name and created the institution that later merged with J.P. Morgan.

5. 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.

6. 1968Humana

   Extendicare IPO

   The nursing home company, then called Extendicare, went public and became the largest U.S. nursing home chain.

7. 1974Humana

   Renamed Humana

   After shifting from nursing homes to hospitals, the company adopted the Humana name.

8. 1993Humana

   Hospitals Spun Off

   Humana spun off its hospitals as Galen Health Care, leaving a pure health benefits company.

9. 2000JPMorgan Chase

   Chase and J.P. Morgan Merge

   Chase Manhattan and J.P. Morgan & Co. completed their merger, combining commercial and consumer banking with investment banking and institutional services. JPMorgan Chase identifies this transaction as the formation of the modern company.

10. 2004JPMorgan Chase

    Bank One Merger

    JPMorgan Chase completed its $58.546 billion stock-for-stock merger with Bank One on July 1.

11. 2006JPMorgan Chase

    Jamie Dimon Becomes CEO

    Jamie Dimon succeeded William B. Harrison Jr. as chief executive on January 1. Dimon had joined JPMorgan Chase as president and chief operating officer when the Bank One merger closed and became chairman one year after becoming CEO.

12. 2008JPMorgan Chase

    Bear Stearns Acquired

    JPMorgan Chase completed its acquisition of Bear Stearns during the financial crisis.

13. 2008JPMorgan Chase

    Washington Mutual Operations Acquired

    After Washington Mutual Bank entered FDIC receivership, JPMorgan Chase paid $1.9 billion to acquire its banking operations, including assets, deposits, and qualified financial contracts under the transaction terms.

14. 2012Humana

    Acquired Arcadian Management Services

    Humana acquired Arcadian Management Services. Humana acquired Arcadian, a Medicare Advantage plan operator, to add membership in several states.

15. 2017Humana

    Aetna Merger Blocked

    A federal judge blocked Aetna's roughly $37 billion acquisition of Humana; Aetna paid Humana a $1 billion breakup fee.

16. 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.

17. 2023JPMorgan Chase

    First Republic Acquired from FDIC

    JPMorgan Chase acquired the substantial majority of First Republic Bank's assets and assumed deposits and certain liabilities from the FDIC.

18. 2024Humana

    Jim Rechtin Becomes CEO

    Jim Rechtin, who joined as President and COO in January 2024, succeeded Bruce Broussard as CEO in July 2024.

19. 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.

20. 2025JPMorgan Chase

    FY2025 Net Revenue of $182.447B

    JPMorgan Chase reported U.S. GAAP total net revenue of $182.447 billion and net income of $57.048 billion. Its managed, fully taxable-equivalent segment presentation reported $185.581 billion of total net revenue across CCB, CIB, AWM, and Corporate.

21. 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.

22. 2026JPMorgan Chase

    Chase to Become Apple Card Issuer

    On January 7, 2026 Apple and Chase announced that Chase will replace Goldman Sachs as Apple Card issuer over about 24 months.

23. 2026JPMorgan Chase

    Co-Presidents Named

    Doug Petno and Troy Rohrbaugh were named co-presidents in June 2026, and Marianne Lake announced her retirement.

Acquisitions

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