01—Abstract
Summary
Summary of the 8-K filed July 29, 2026. Cited figures are marked; the original filing is the authoritative source.
Humana Inc. (NYSE: HUM) filed a Current Report on Form 8-K dated July 29, 2026, disclosing under Item 5.02 that its Board of Directors expanded the number of authorized directors from eleven to thirteen on July 28, 2026, and elected Frederick J.
Crawford and Paul J. Smith as directors, effective the same day. The Board determined both are independent under New York Stock Exchange standards.
Each will receive restricted stock units under the company's director compensation program, and no committee appointments have been determined yet. Smith is described in the attached press release (Exhibit 99.1) as Chief Commercial Officer at Anthropic, PBC, with more than 30 years of experience scaling go-to-market strategies at enterprise technology companies, including prior roles at ServiceNow, Salesforce and Microsoft. Crawford previously served as Executive Vice President and Chief Financial Officer at Aflac-related insurance holding companies and as President and Chief Operating Officer of Aflac until his retirement in 2024.
He also sits on the board of Webster Financial Corporation. Chairman Kurt J. Hilzinger said the new directors will support Humana's long-term vision to become a consumer healthcare company.
For investors, the filing is governance-focused and contains no financial results, guidance or transaction terms. The main takeaways are a larger board with two new independent directors bringing technology commercialization and insurance finance expertise.
02—Key points
Key Highlights
- Board expanded from eleven to thirteen authorized directors, effective July 28, 2026
- Frederick J. Crawford and Paul J. Smith elected as directors, effective July 28, 2026
- Board determined both new directors are independent under NYSE standards
- Both directors will receive restricted stock units under the director compensation program
- No committee appointments have been determined yet for either director
- Paul Smith is Chief Commercial Officer at Anthropic, PBC, with 30+ years of go-to-market experience
- Frederick Crawford was President and COO of Aflac before retiring in 2024 and previously served as CFO of several insurance holding companies
03—Questions
Frequently Asked Questions
Who were the new directors added to Humana's Board?
Frederick J. Crawford and Paul J. Smith were elected as directors, effective July 28, 2026, and the Board expanded from eleven to thirteen authorized directors.
Are the new directors independent?
Yes. The Board determined that Messrs. Crawford and Smith qualify as independent directors under the New York Stock Exchange's director independence standards.
How will the new directors be compensated?
They will each be compensated under the company's director compensation program, as described in the 2026 proxy statement filed March 6, 2026, and will each be granted restricted stock units in connection with their election.
What relevant experience do the new directors bring?
Smith brings over 30 years of go-to-market leadership at enterprise technology companies, including ServiceNow, Salesforce and Microsoft, and currently serves as Chief Commercial Officer at Anthropic, PBC. Crawford brings more than 30 years of insurance and banking experience, including CFO roles at CNO Financial Group and Lincoln Financial Group and his tenure as President and COO of Aflac.
Have committee assignments been made for the new directors?
Not yet. The filing states that no determination has been made regarding their appointments to any Board committees.
04—Continue