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humm Group Limited Appoints New CEO, Outlines Employment Terms

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humm Group Limited Appoints New CEO, Outlines Employment Terms

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Humm Group Limited ( (AU:HUM) ) has provided an update.

humm Group Limited has announced the appointment of Mr. Angelo Demasi as the new Chief Executive Officer, effective from May 9, 2025. The announcement includes details of Mr. Demasi’s employment agreement, which outlines his remuneration, short-term and long-term incentives, and termination terms. This leadership change is significant for the company as it may influence its strategic direction and operational focus, potentially impacting stakeholders and market positioning.

The most recent analyst rating on (AU:HUM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Humm Group Limited stock, see the AU:HUM Stock Forecast page.

More about Humm Group Limited

humm Group Limited is a diversified financial services company that offers installment plans for businesses and consumers to facilitate large purchases. Operating in Australia, New Zealand, Ireland, Canada, and the United Kingdom, its main activities include commercial lending in Australia and New Zealand, point of sale payment plans, and various credit card offerings in Australia and New Zealand.

Average Trading Volume: 1,398,325

Technical Sentiment Signal: Buy

Current Market Cap: A$293M

See more insights into HUM stock on TipRanks’ Stock Analysis page.

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