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Humana Management Team Members Tim Huval and Sam Deshpande Assume Additional Areas of Responsibility

Category:

Monday, October 7, 2019 8:00 am EDT

Dateline:

LOUISVILLE, Ky.

Public Company Information:

NYSE:
HUM
"These role expansions for Tim and Sam represent ways we’re leveraging the broad experiences of our executive team to increase our operating efficiencies, with the ultimate goal being to create value for our customers"

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM), one of the nation’s leading health and well-being companies, announced today that two of its executive officers have assumed additional areas of responsibility for the company.

Tim Huval has been named Chief Administrative Officer, with responsibilities for the Corporate Marketing, Human Resources, Workplace Solutions, Inclusion and Diversity, and Safety and Security functions.

Sam Deshpande has been named Chief Technology and Risk Officer, where he will oversee the Information Technology organization, with continuing responsibility for leading Risk Management and Compliance.

Both Huval and Deshpande are members of Humana’s Management Team, which sets the firm’s strategic direction, and will continue to report to President and Chief Executive Officer Bruce Broussard.

“These role expansions for Tim and Sam represent ways we’re leveraging the broad experiences of our executive team to increase our operating efficiencies, with the ultimate goal being to create value for our customers,” Broussard said. “We’re not only enabling new development opportunities for our key leaders, but also increasing Humana’s speed of execution. The combination of Tim’s significant operational experience and consumer focus, along with Sam’s deep understanding of how information technology underpins consumer experiences and our integrated care delivery model makes them ideally suited to take on these new responsibilities.”

Huval has served as Humana’s Chief Human Resources Officer since joining the company in December 2012. During this time, he has worked closely with business segment and operational leaders in helping guide the enterprise through a period of significant change and success, as Humana’s annual revenue has grown by more than 60 percent during his tenure. Prior to joining Humana, Huval spent 10 years at Bank of America in multiple senior-level roles, gaining significant operational experience with responsibility for managing relationships with tens of millions of customers. He served as Head of Consumer Card Operations, Head of Consumer Service Operations, Head of Mortgage Operations, and as Chief Information Officer for Global Wealth & Investment.

Since joining Humana in July 2017, Deshpande has worked hand in hand with business segment operations and Information Technology teams to build out new risk-management systems. Previously, he spent 17 years at Capital One in key leadership positions, most recently as Business Chief Risk Officer for the U.S. and International Card businesses. Earlier, he served as the Business Chief Risk Officer and Head of Enterprise Services for the Financial Services Division, responsible for Business Risk and Data Science – with a focus on making advances in Machine Learning and Artificial Intelligence, Data Quality and Process Excellence. He also held senior-level roles in consumer business segments – Home Loans, Auto Finance, and Credit Cards.

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.

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 of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases and conference calls
  • Calendar of events
  • Corporate Governance information

Contact:

Amy Smith
Humana Investor Relations
(502) 580-2811
amysmith@humana.com

Alex Kepnes
Humana Corporate Communications
(502) 580-2990
akepnes@humana.com