Humana updates policy on executive payouts after sale, merger of company
Posted: Nov 22, 2017 4:11 PM CST
Updated: Nov 22, 2017 4:43 PM CST
By Chris OttsCONNECT
LOUISVILLE, Ky. (WDRB) -- Louisville-based Humana Inc. has updated its “change in control” policy entitling high-level executives to severance payments if they are demoted or laid off following a sale or merger of the company.
Humana disclosed the change in an SEC filing late on Wednesday, the eve of the Thanksgiving holiday.
Analysts continue to speculate about Humana being a takeover target nearly a year following the breakdown of its planned merger with rival Aetna.