Humana broadcasts Mellet as new CFO amid management modifications
Celeste Mellet will succeed Susan Diamond as CFO of Humana Inc. efficient January 11, 2025. (NYSE: HUM).
Diamond steps down after an 18-year profession with the Louisville, Kentucky-based firm and can proceed in an advisory function till the top of 2025.
“It has been an honor to work with such proficient colleagues throughout my time at Humana,” Diamond mentioned in a press launch. “I’m grateful for the chance to function CFO and assist the corporate navigate by a difficult interval for the business. As I put together for the subsequent chapter of my life, each professionally and personally, I consider now’s the suitable time to provoke a transition in management. You will need to have a workforce that may ship on our future commitments, and I look ahead to serving to the workforce discover its path to success.”
Mellet is at the moment the CFO of World Infrastructure Companions (GIP), a New York-based infrastructure fund supervisor. Earlier than becoming a member of GIP, she served as CFO, senior managing director and govt vp of Evercore, the place she oversaw the banking firm's monetary technique, tax, info expertise and amenities capabilities.
“Mellet is an exceptionally skilled CFO with firsthand expertise navigating dynamic and extremely regulated industries,” mentioned Humana's president and CEO, Jim Rechtin, in a press launch. “She has a confirmed observe document of working with cross-functional groups to drive higher efficiency within the complicated organizations the place she has held management positions.”
Rechtin turned president and CEO on July 1, after becoming a member of the corporate as president and Chief Working Officer (COO) in January.
In November, the corporate introduced Michelle O'Hara as Chief Human Sources Officer (CHRO), efficient January 1, 2025. O'Hara will succeed Tim Huval, who will retire on the finish of the yr after a 12-year profession at Human.
These new appointments imply vital modifications in management for the corporate within the brief time period.
Humana confirms its 2024 adjusted earnings per share (EPS) steering of “a minimum of $16.00” and its 2025 adjusted earnings per share (EPS) forecast, indicating it will likely be “a minimum of according to ultimate outcomes of 2024”.
“I’m very pleased to have the chance to work at Humana,” mentioned Mellet in a press launch. “It is a main firm with clearly differentiated capabilities, a powerful worth proposition and a compelling long-term outlook. I’m excited to hitch this proficient workforce as Humana embarks on its subsequent chapter of progress and worth creation.”