Humana vs Toyota: Founders, CEOs and History
Humana was founded in 1961 by Wendell Cherry, David A. Jones Sr. and is led by James A. (Jim) Rechtin. Toyota was founded in 1937 by Kiichiro Toyoda, Sakichi Toyoda and is led by Kenta Kon.
Company facts
Founders
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.
Toyota
Kiichiro Toyoda
Kiichiro Toyoda (1894-1952) founded the Toyota Motor Corporation in 1937, spinning it out of his father's successful textile machinery business.
Sakichi Toyoda
Sakichi Toyoda was not the founder of Toyota Motor Corporation but his inventions and philosophy created the foundation on which it was built. His loom patents generated the capital Kiichiro needed to experiment with automobiles.
CEOs and their tenures
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
Toyota
- Akio Toyoda2009–2023
President and Chief Executive Officer (now Chairman)
Akio Toyoda took leadership during one of Toyota's hardest modern periods, including the global financial crisis and the unintended acceleration recall crisis.
Source - Koji Sato2023–2026
President and Chief Executive Officer (now Vice Chairman)
Koji Sato inherited a profitable but scrutinized Toyota.
Source - Kenta Kon2026–present
President and Chief Executive Officer
As CFO, he managed the immense capital allocation required for Toyota's massive $35 billion commitment to fully electrify its vehicle lineup by 2030.
Source
Timeline: Humana and Toyota side by side
1937Toyota
Toyota Motor Corporation incorporated
Toyota Motor Corporation was incorporated after Kiichiro Toyoda expanded the Toyoda family business from automatic looms into automobile manufacturing.
1955Toyota
Toyopet Crown launched
The Toyopet Crown gave Toyota a postwar passenger-car platform and later became its first passenger car exported to the United States.
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.
1966Toyota
Corolla launched
Toyota launched the Corolla, a compact car that became central to its mass-market export strategy.
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.
1989Toyota
Lexus launches
Toyota launched Lexus with the LS 400, moving into premium vehicles with a quality-led strategy.
1993Humana
Hospitals Spun Off
Humana spun off its hospitals as Galen Health Care, leaving a pure health benefits company.
1997Toyota
Prius launches in Japan
Toyota launched the Prius, turning hybrid technology into a mass-produced passenger vehicle.
2012Humana
Acquired Arcadian Management Services
Humana acquired Arcadian Management Services. Humana acquired Arcadian, a Medicare Advantage plan operator, to add membership in several states.
2016Toyota
Acquired Daihatsu Motor Co., Ltd.
Toyota Motor acquired Daihatsu Motor Co., Ltd..
2017Humana
Aetna Merger Blocked
A federal judge blocked Aetna's roughly $37 billion acquisition of Humana; Aetna paid Humana a $1 billion breakup fee.
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.
2021Toyota
Acquired Lyft Level 5
Toyota Motor acquired Lyft Level 5 for $550 million.
2021Toyota
Acquired CARMERA
Toyota Motor acquired CARMERA.
2024Humana
Jim Rechtin Becomes CEO
Jim Rechtin, who joined as President and COO in January 2024, succeeded Bruce Broussard as CEO in July 2024.
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.
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.
2026Toyota
Kenta Kon becomes president and CEO
Kenta Kon became president and CEO on April 1, 2026, while Koji Sato moved to vice chairman and chief industry officer.
2026Toyota
FY2026 sales revenues reach ~$340B (JPY 50.685T)
Toyota reported FY2026 sales revenues of ~$340 billion (JPY 50,684.952 billion) and net income attributable to Toyota Motor Corporation of ~$25.8 billion (JPY 3,848.098 billion).
Acquisitions
Toyota
- Lyft Level 52021$550M
- CARMERA2021Undisclosed
- Renovo Motors2021Undisclosed
- Daihatsu Motor Co., Ltd.2016Undisclosed
- Toyota Auto Body2012Undisclosed
Questions about Humana vs Toyota
Who is the CEO of Humana Inc. and Toyota Motor Corporation?
Humana Inc. is led by James A. (Jim) Rechtin and Toyota Motor Corporation is led by Kenta Kon. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Humana Inc. founded vs Toyota Motor Corporation?
Toyota Motor Corporation was founded in 1937 — 24 years before Humana Inc., which was founded in 1961. Toyota Motor Corporation's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Humana Inc..
How many employees does Humana Inc. have compared to Toyota Motor Corporation?
Humana Inc. employs approximately 67,600 people, while Toyota Motor Corporation employs approximately 375,235. Toyota Motor Corporation has the larger workforce at 375,235 employees, compared to Humana Inc.'s 67,600. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Humana Inc. and Toyota Motor Corporation headquartered?
Humana Inc. is headquartered in United States and Toyota Motor Corporation is headquartered in Japan. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Humana Inc. and Toyota Motor Corporation?
Humana Inc. was founded by Wendell Cherry, David A. Jones Sr.. Toyota Motor Corporation was founded by Kiichiro Toyoda, Sakichi Toyoda.
Which company has a longer operating history — Humana Inc. or Toyota Motor Corporation?
Toyota Motor Corporation has been operating for approximately 89 years, making it the more established of the two companies. Humana Inc. has been in operation for around 65 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 Humana vs Toyota overview