-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FePjSiop6b5oLR23gFcW7Ju8EXZewLz2sk96ZYRk3NOOigE4d8pXk/wnWnllwyq4 WsErzLK3msML21qpONqMuw== 0000049071-97-000080.txt : 19971203 0000049071-97-000080.hdr.sgml : 19971203 ACCESSION NUMBER: 0000049071-97-000080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971201 ITEM INFORMATION: FILED AS OF DATE: 19971201 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUMANA INC CENTRAL INDEX KEY: 0000049071 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] IRS NUMBER: 610647538 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05975 FILM NUMBER: 97730796 BUSINESS ADDRESS: STREET 1: 500 W MAIN ST CITY: LOUISVILLE STATE: KY ZIP: 40202 BUSINESS PHONE: 5025803708 FORMER COMPANY: FORMER CONFORMED NAME: EXTENDICARE INC DATE OF NAME CHANGE: 19740404 FORMER COMPANY: FORMER CONFORMED NAME: HERITAGE HOUSE OF AMERICA INC DATE OF NAME CHANGE: 19671129 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 1, 1997 (Date of Earliest Event Reported) HUMANA INC. (Exact name of Registrant as specified in its Charter) Delaware 1-5975 61-0647538 (State of (Commission (I.R.S. Employer Incorporation) File Number) Tax Identification No.) 500 West Main Street Louisville, KY 40202 (Address of principal executive offices) (502) 580-1000 (Registrant's telephone number, including area code) Item 5. Other Events On December 1, 1997, Humana Inc. (the "Company" or "Registrant") issued a press release, a copy of which is attached hereto as Exhibit 99 and is incorporated herein by reference. Item 7. Financial Statements and Exhibits. Exhibit 99. Copy of the Company's Press Release dated December 1, 1997. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. HUMANA INC. /s/ Arthur P. Hipwell By: Arthur P. Hipwell Senior Vice President & General Counsel Dated: December 1, 1997 Exhibit Index Exhibit 99. Copy of the Company's Press Release dated December 1, 1997 EX-99 2 EXHIBIT 99 FOR MORE INFORMATION, CONTACT: Laurie Scarborough Humana Investor Relations 502/580-1037 E-MAIL: lscarborough@humana.com Tom Noland Humana Public Affairs 502/580-3674 E-MAIL: tnoland@humana.com Humana CEO David A. Jones Retires Jones remains chairman; Gregory H. Wolf assumes CEO role LOUISVILLE, KY _ Dec. 1, 1997 _ Humana Inc. (NYSE: HUM) announced that David A. Jones is retiring as its chief executive officer effective today. As previously announced, Jones, who remains as chairman of the board of the company he co-founded in 1961, will relinquish his responsibilities as CEO to current Humana President and Chief Operating Officer Gregory H. Wolf. Jones, 66, who was originally scheduled to step down as CEO on Dec. 31, said he decided to make the change a month earlier to allow Wolf to present Humana's 1998 business plan to the board of directors with full authority for its preparation and execution. The company's fiscal year begins Jan. 1. "Greg Wolf is a visionary and inspirational leader. Since he became Humana's chief operating officer 17 months ago, we've made sweeping changes that have refocused our business on our strategic assets and positioned the company well for the future," Jones said. "Our company is moving in the right direction, we have the right person in charge and this is the right time for change." - -More- Page 2 Wolf, 41, said: "David Jones is a legend in Wolf, 41, said: "David Jones is a legend in the health care industry. His leadership and force of personality have taken Humana from an idea to an $8 billion company. His contributions are not limited to today's Humana; in addition to the spin off to our shareholders of the company's hospitals in 1993, our company has seeded a variety of other companies with financial and human resources and created jobs throughout this industry. At the same time, David played a leadership role nationally in expanding affordable access to health care for all Americans." A Louisville native, Jones founded Humana with the late Wendell Cherry in 1961. The company grew rapidly as an owner and operator of nursing homes and went public in 1968. That year, Humana built its first hospital, and in 1972 the company sold its nursing homes. By the late 1970s, Humana was the nation's largest hospital company. In 1984, the company sold its first health plan products, and in 1993, after rapid growth in this area, Humana spun off its hospitals to its shareholders as a separate company. Jones is a 1954 graduate of the University of Louisville. After three years of service in the U.S. Navy, he entered Yale University Law School, where he earned a J.D. degree in 1960 while also serving on the economics faculty. He is a member of the Business Roundtable, the boards of directors of the American Association of Health Plans, and the Healthcare Leadership Council (of which he is co-founder and former chairman) and is the former chairman of the National Committee for Quality Health Care. -More- Page 3 Wolf, who will retain the post of president, previously served as Humana's senior vice president of sales and marketing, joining the company following its acquisition of Green Bay, Wis.-based EMPHESYS Financial Group, Inc. in October 1995. At EMPHESYS, Wolf served as president and chief operating officer. Humana Inc., headquartered in Louisville, Ky., is one of the nation's largest publicly traded managed health care companies with approximately 6.2 million medical members located primarily in 16 states and Puerto Rico. Humana offers coordinated health care through a variety of plans _ health maintenance organizations, preferred provider organizations, point-of-service plans, and administrative services products _ to employer groups, government-sponsored plans and individuals. More information about Humana is available at http://www.humana.com. -----END PRIVACY-ENHANCED MESSAGE-----