Healthcare >> CEO Interviews >> November 8, 2004

MICHAEL MCCALLISTER – HUMANA INC (HUM)

MICHAEL B. MCCALLISTER, as President and CEO of Humana Inc., has led the Fortune 200 company to a leadership position within the health-benefits industry. During his tenure, Humana, based in Louisville, Ky., has gained a reputation as the nation's premier health benefits innovator, leveraging new products, processes and technology to solve the employer's cost dilemma through a consumer-centric value proposition. Under Mr. McCallister's direction, Humana is defining a new world of health benefits featuring consumer-choice health plans that empower employees to choose and use their health benefits with confidence. Mr. McCallister has an extensive history with Humana, having joined the company in 1974 as a finance specialist. From 1975 to 1980, he served successively as an administrator and Associate Executive Director for Humana hospitals in Louisiana, Mississippi and California. He became Executive Director of Humana Hospital-Huntington Beach (California) in 1980 and served as CEO for Humana hospitals in California and Arizona for the next nine years. He was promoted to Vice President in 1989 with responsibility for the integrated operations of Humana's hospitals and health plans in Arizona. From 1992 to 1996 he served in the same capacity in Texas, becoming responsible for Humana's health plan operations exclusively after the company spun off its hospitals in 1993. He was a Division President, in charge of Humana's Texas, Florida and Puerto Rico operations, from 1996 to 1997. For the three years prior to being named President and CEO in February 2000, he had senior management responsibility for health plan operations throughout the company. He plays a leadership role in key industry advocacy organizations. He is on the Board of the Business Roundtable (BRT) and in August was named Chairman of the BRT's Task Force on Health and Retirement. He is also a member of the Board of Directors of America's Health Insurance Plans, the health benefits industry's principal trade association. He also serves on the College of Administration and Business Advisory Board of Louisiana Tech University. In his community, Mr. McCallister is a Board member of the Greater Louisville Fund for the Arts and a former Executive Committee member of Greater Louisville, Inc. (the metro chamber of commerce). He holds an MBA degree from Pepperdine University in Malibu, California, and a Bachelor's degree from Louisiana Tech University in Ruston, Louisiana. Profile
TWST: What's gone on over the past year or so with Humana that investors

should focus on?

Mr. McCallister: Humana has over the last year or two separated itself

from much of our competition