Alight Names Dave Guilmette as Chief Executive Officer

By Business Wire On Aug 26, 2024

Dave Guilmette appointed as Chief Executive Officer, maintains role on Board of Directors as Vice Chair
Company reiterates 2024 second half business outlook

Alight, Inc., a leading cloud-based human capital technology and services provider, today announced that the Company’s Board of Directors (the “Board”) recently appointed Dave Guilmette as Chief Executive Officer. In addition, Guilmette will continue as Vice Chair of the Board.

As part of the Company’s previously disclosed succession plan, Stephan Scholl has stepped down as Alight’s CEO and member of the Board. He will remain with the company as an advisor for six months and continue to help advance the company’s strategic initiatives.

Guilmette is a highly accomplished leader in the healthcare and benefits industry who has served on Alight’s Board since May 2024. The former CEO of Global Health Solutions, a multi-billion dollar division of Aon, Guilmette has a strong track record of driving growth and profitability. He brings significant expertise across innovation, large-scale solution development, commercial partnerships and M&A.

Chair of the Board William P. Foley, II, said, “Dave’s success in the industry and his intimacy within the all-important payer, provider, enterprise employer and insurer networks make him the right leader to guide Alight as it moves forward as a simplified platform company. Dave is a highly engaged director who already works closely with our executive management team, so he will hit the ground running in the CEO role and support a seamless transition for the team and clients.”

Foley continued, “As we discussed when we released our second quarter financial results, the Board has been focused on succession planning for months. Today’s announcement is the result of that work, and we are confident in Dave’s ability to jumpstart Alight’s next chapter following the completion of significant milestones including the technology transformation and divestiture of the Payroll & Professional Services business. On behalf of the Board, I look forward to working closely with Dave and thank Stephan for his tireless efforts in setting the vision for Alight’s future.”

“I am honored to lead Alight at this pivotal time,” said CEO Dave Guilmette. “Our technology transformation and recent divestiture have laid the groundwork for us to emerge as a much stronger company with a significantly improved financial profile. I know Alight’s colleagues are intensely focused and inspired by the opportunity to partner with our clients to deliver success for them and their people. Working closely with our executive team and Board of Directors, I already see many opportunities for us to move even faster in addressing these evolving client needs and reorienting around technology-rich services that enhance our competitiveness and deliver even more value for Alight’s clients.”

“I am proud of what we have accomplished during my time with Alight,” said Scholl. “We have transformed Alight into a simpler, more capital efficient company better equipped to serve our clients’ needs. I want to thank our employees for their dedication, and I wish Dave and the leadership team all the best.”

In conjunction with his appointment, Guilmette stepped down from the Board’s Audit Committee. With Scholl’s departure, the Board will now consist of 10 rather than 11 directors. In addition, the Company reiterated its 2024 second half business outlook.

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