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Helia Group Announces Leadership Transition Amid Industry Changes

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Helia Group Announces Leadership Transition Amid Industry Changes

Elevate Your Investing Strategy:

Genworth Mortgage Insurance Australia Ltd ( (AU:HLI) ) has shared an update.

Helia Group Limited announced a leadership transition with CEO Pauline Blight-Johnston stepping down after over five years, during which she significantly enhanced shareholder returns. Michael Cant, the current CFO, will serve as interim CEO starting July 1, 2025, as the company navigates changes in the LMI industry and customer portfolio. This transition aims to align leadership with the evolving market landscape, ensuring continued success and stability for stakeholders.

The most recent analyst rating on (AU:HLI) stock is a Sell with a A$3.60 price target. To see the full list of analyst forecasts on Genworth Mortgage Insurance Australia Ltd stock, see the AU:HLI Stock Forecast page.

More about Genworth Mortgage Insurance Australia Ltd

Helia Group Limited, trading as Genworth Mortgage Insurance Australia Ltd, operates in the financial services industry, specializing in Lenders’ Mortgage Insurance (LMI). The company focuses on providing mortgage insurance solutions to help Australians achieve home ownership, and it is recognized as a leading LMI provider in the country.

Average Trading Volume: 1,567,464

Technical Sentiment Signal: Buy

Current Market Cap: A$1.41B

For an in-depth examination of HLI stock, go to TipRanks’ Stock Analysis page.

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