hummgroup names CEO Angelo Demasi as Managing Director

hummgroup has appointed Chief Executive Officer Angelo Demasi to its Board of Directors as Managing Director, effective immediately.

The board transition strengthens management alignment and fulfills a specific governance commitment made to the Australian Takeovers Panel.

“Angelo has proven himself an energetic and strategic leader during a pivotal period for hummgroup,” said hummgroup Chair Robert Hines.

Mr Demasi, who has served as CEO since May 2025, previously held leadership roles at BCG Digital Ventures and various global executive positions.

Under his updated employment agreement, Mr Demasi receives a total fixed remuneration of $750,000 per annum inclusive of superannuation.

The company operates a diversified financial services business providing instalment plans across Australia, New Zealand, Ireland, Canada, and the United Kingdom.

At the time of reporting, hummgroup's share price was $0.67.