Key Highlights
- Celeste Mellet named Chief Financial Officer (CFO) of Humana Inc., effective January 11, 2025.
- Susan Diamond steps down after an 18-year tenure, including over three years as CFO, and will remain in an advisory role through 2025.
- Mellet brings extensive experience from leading roles at Global Infrastructure Partners, Evercore, and Fannie Mae.
- Humana reiterates its 2024 adjusted EPS guidance of at least $16.00 and confirms a 2025 Investor Day in May.
Source: Business Wire
Notable Quotes
- “On behalf of the entire Board and management team, I want to extend my thanks to Susan for her leadership as CFO and in prior roles during her nearly two decades at Humana.” — Jim Rechtin, President and CEO at Humana Inc
- “It’s been an honor to work with such talented colleagues during my time at Humana. I am grateful for the opportunity to have served as CFO and help the company navigate a challenging period for the industry.” — Susan Diamond, outgoing CFO at Humana Inc
- “I am thrilled for the opportunity to join Humana. This is a leading company with clearly differentiated capabilities, a strong value proposition, and a compelling long-term outlook.” — Celeste Mellet, incoming CFO at Humana Inc
SoHC's Take
Humana’s seamless leadership transition underscores its strategic foresight and commitment to continuity. Susan Diamond’s extensive contributions have positioned the company for ongoing success, while Celeste Mellet’s wealth of experience in navigating complex, highly regulated industries ensures strong leadership ahead. This move reflects Humana’s dedication to unlocking shareholder value and driving long-term growth. The reiterated EPS guidance further demonstrates financial discipline and confidence in strategic execution.
