Humana CFO to Retire at Year-End; Company Begins Search for Successor
LOUISVILLE, Ky. -- February 25, 2013
Humana Inc. (NYSE:HUM) announced today that James H. Bloem, 62, Senior Vice
President, Chief Financial Officer and Treasurer, will retire from the company
on December 31, 2013, and that it has begun searches for successors to both
the Chief Financial Officer and Treasurer roles. These searches will include
both internal and external candidates.
Bloem, who joined Humana in February 2001, will participate in the search
processes and assist in the transitions of both roles between now and
year-end. The 10-month transition period continues the company’s practice of
thoughtful planning for senior management succession, the most recent example
of which was the 13-month Chief Executive Officer transition from Michael B.
McCallister to Bruce D. Broussard, which became effective January 1.
“As both Chief Financial Officer and Treasurer, Jim has made significant
contributions to Humana’s success over the last 12 years,” Broussard said.
“During this period, the company’s revenues and investment portfolio have
increased nearly four-fold. I am pleased that Jim will be an integral part of
the search processes and transitions of both of these key financial roles.”
Humana Inc., headquartered in Louisville, Kentucky, is a leading health care
company that offers a wide range of insurance products and health and wellness
services that incorporate an integrated approach to lifelong well-being. By
leveraging the strengths of its core businesses, Humana believes it can better
explore opportunities for existing and emerging adjacencies in health care
that can further enhance wellness opportunities for the millions of people
across the nation with whom the company has relationships.
More information regarding Humana is available to investors via the Investor
Relations page of the company’s web site at www.humana.com, including copies
*Annual reports to stockholders;
*Securities and Exchange Commission filings;
*Most recent investor conference presentations;
*Quarterly earnings news releases;
*Replays of most recent earnings release conference calls;
*Calendar of events (including upcoming earnings conference call dates and
times, as well as planned interaction with research analysts and
*Corporate Governance information
Humana Investor Relations
Regina Nethery, 502-580-3644
Humana Corporate Communications
Tom Noland, 502-580-3674
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