BUZZ-Humana dips after co announces leadership changes in insurance segment

Reuters12-16 22:40
BUZZ-Humana dips after co announces leadership changes in insurance segment

** Shares of health insurer Humana HUM.N falls 4.1% to $263.47 after co announces insurance leadership change, reaffirms FY guidance

** Humana says Insurance segment President George Renaudin will retire by Q3 2026 after a 29-year tenure; Aaron Martin, former VP of Healthcare at Amazon, to join in Jan 2026

** Martin will initially serve as President of Medicare Advantage and will become Insurance Segment President after Renaudin’s exit

** John Barger, a longtime Humana leader with more than 25 years of experience, will be promoted to President of Medicare Advantage reporting to Martin

** Company reaffirms FY 2025 GAAP EPS guidance at about $12.26 and adjusted EPS at about $17.00

** Average rating of 28 analysts on the stocks is a "hold"; median PT at $289 - data compiled by LSEG

** As of last close, HUM stock down 8.2% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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