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Alight Names Dave Guilmette as Chief Executive Officer

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Alight, Inc. (NYSE: ALIT) has appointed Dave Guilmette as its new Chief Executive Officer, replacing Stephan Scholl as part of a planned succession. Guilmette, who will continue as Vice Chair of the Board, brings extensive experience in the healthcare and benefits industry. He previously served as CEO of Aon's Global Health Solutions division.

The Board of Directors, led by Chair William P. Foley II, expressed confidence in Guilmette's ability to guide Alight forward as a simplified platform company. This transition follows the completion of Alight's technology transformation and the divestiture of its Payroll & Professional Services business.

Alight has reiterated its 2024 second half business outlook, signaling continuity in its financial projections despite the leadership change. The company aims to focus on technology-rich services to enhance competitiveness and deliver greater value to clients.

Alight, Inc. (NYSE: ALIT) ha nominato Dave Guilmette come nuovo Amministratore Delegato, sostituendo Stephan Scholl nell’ambito di una successione pianificata. Guilmette, che continuerà a ricoprire il ruolo di Vice Presidente del Consiglio, porta con sé un'esperienza vasta nel settore della sanità e dei benefici. In precedenza, ha ricoperto il ruolo di CEO della divisione Global Health Solutions di Aon.

Il Consiglio di Amministrazione, guidato dal Presidente William P. Foley II, ha espresso fiducia nella capacità di Guilmette di guidare Alight verso una posizione di crescita come azienda semplificata. Questa transizione segue il completamento della trasformazione tecnologica di Alight e la cessione della divisione Payroll & Professional Services.

Alight ha ribadito le proprie previsioni economiche per la seconda metà del 2024, segnalando continuità nelle proiezioni finanziarie nonostante il cambiamento di leadership. L'azienda punta a concentrarsi su servizi ricchi di tecnologia per migliorare la competitività e offrire maggiore valore ai clienti.

Alight, Inc. (NYSE: ALIT) ha nombrado a Dave Guilmette como su nuevo Director Ejecutivo, reemplazando a Stephan Scholl como parte de una sucesión planificada. Guilmette, quien continuará como Vicepresidente de la Junta, aporta una extensa experiencia en la industria de salud y beneficios. Anteriormente, se desempeñó como CEO de la división Global Health Solutions de Aon.

La Junta de Directores, liderada por el Presidente William P. Foley II, expresó confianza en la capacidad de Guilmette para guiar a Alight hacia adelante como una empresa de plataforma simplificada. Esta transición sigue a la finalización de la transformación tecnológica de Alight y la desinversión de su negocio de Nómina y Servicios Profesionales.

Alight ha reiterado su perspectiva de negocio para la segunda mitad de 2024, señalando continuidad en sus proyecciones financieras a pesar del cambio de liderazgo. La empresa tiene como objetivo centrarse en servicios ricos en tecnología para mejorar su competitividad y ofrecer un mayor valor a los clientes.

Alight, Inc. (NYSE: ALIT)는 Dave Guilmette를 새로운 CEO로 임명하며, 계획된 승계의 일환으로 Stephan Scholl을 대체했습니다. Guilmette는 이사회 부회장직을 계속 맡고 있으며, 의료 및 복리 후생 분야에서 광범위한 경험을 쌓아왔습니다. 그는 이전에 Aon의 글로벌 건강 솔루션 부서의 CEO로 재직했습니다.

William P. Foley II 의장이 이끄는 이사회는 Alight를 단순화된 플랫폼 회사로 이끌어 갈 Guilmette의 능력에 대해 신뢰를 표명했습니다. 이 전환은 Alight의 기술 혁신 완료와 급여 및 전문 서비스 사업 부문의 매각을 따른 것입니다.

Alight는 2024년 하반기 사업 전망을 재확인하며, 리더십 변화에도 불구하고 재무 예측의 연속성을 시사했습니다. 이 회사는 기술 중심의 서비스를 통해 경쟁력을 강화하고 고객에게 더 큰 가치를 제공하는 데 집중할 계획입니다.

Alight, Inc. (NYSE: ALIT) a nommé Dave Guilmette comme son nouveau Directeur Général, remplaçant Stephan Scholl dans le cadre d'une succession planifiée. Guilmette, qui continuera de servir en tant que Vice-Président du Conseil, apporte une vaste expérience dans l'industrie de la santé et des prestations. Auparavant, il a été directeur général de la division Global Health Solutions d'Aon.

Le Conseil d'Administration, dirigé par le Président William P. Foley II, a exprimé sa confiance dans la capacité de Guilmette à guider Alight vers l'avenir en tant qu'entreprise de plateforme simplifiée. Cette transition fait suite à l'achèvement de la transformation technologique d'Alight et à la cession de son activité de Paie et de Services Professionnels.

Alight a réaffirmé ses perspectives commerciales pour la seconde moitié de 2024, signalant une continuité dans ses prévisions financières malgré le changement de direction. L'entreprise vise à se concentrer sur des services riches en technologie pour renforcer sa compétitivité et offrir une valeur ajoutée à ses clients.

Alight, Inc. (NYSE: ALIT) hat Dave Guilmette zum neuen Chief Executive Officer ernannt und ersetzt damit Stephan Scholl im Rahmen einer geplanten Nachfolge. Guilmette, der weiterhin als stellvertretender Vorsitzender des Vorstands fungieren wird, bringt umfangreiche Erfahrung in der Gesundheits- und Leistungsbranche mit. Zuvor war er CEO der Global Health Solutions-Division von Aon.

Der Vorstand, unter der Leitung von Vorsitzenden William P. Foley II, äußerte Vertrauen in Guilmettes Fähigkeit, Alight als vereinfachtes Plattformunternehmen voranzubringen. Dieser Übergang erfolgt nach Abschluss der technologischen Transformation von Alight und der Veräußergung des Geschäftsbereichs Lohn- und Fachdienstleistungen.

Alight hat seine Geschäftsaussichten für die zweite Hälfte 2024 bekräftigt und signalisiert, dass die finanziellen Prognosen trotz des Führungswechsels stabil bleiben. Das Unternehmen plant, sich auf technologieintensive Dienstleistungen zu konzentrieren, um die Wettbewerbsfähigkeit zu steigern und den Kunden einen größeren Mehrwert zu bieten.

Positive
  • Appointment of experienced industry leader Dave Guilmette as CEO
  • Completion of technology transformation
  • Divestiture of Payroll & Professional Services business, simplifying company structure
  • Reiteration of 2024 second half business outlook, indicating financial stability
Negative
  • None.

Dave Guilmette appointed as Chief Executive Officer, maintains role on Board of Directors as Vice Chair

Company reiterates 2024 second half business outlook

CHICAGO--(BUSINESS WIRE)-- Alight, Inc. (NYSE: ALIT) (the "Company”), 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.

About Dave Guilmette

Dave Guilmette previously served as CEO of Global Health Solutions, a multi-billion-dollar division of Aon, driving significant growth and profitability during his tenure. He then served as a Strategic Advisor at Global Health Solutions, advising the CEO across innovation, large scale solution development, commercial partnerships, and M&A strategy before retiring from Aon earlier this year. Previous to his leadership roles at Aon, he spent nearly a decade at Cigna, serving as President of the Global Employer Segment and Private Exchanges and 20 years at Towers Perrin (Willis Towers Watson) in leadership roles including serving as Managing Director of the global Health and Welfare business. Guilmette has served as a board member of Cigna Ventures and several non-profit organizations.

About Alight Solutions

Alight is a leading cloud-based human capital technology and services provider for many of the world’s largest organizations. Through the administration of employee benefits, Alight powers confident health, wealth, leaves and wellbeing decisions for 35 million people and dependents. Our Alight Worklife® platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s most important moments with personalized benefits management and data-driven insights, leading to increased employee wellbeing, engagement and productivity. Learn how Alight unlocks growth for organizations of all sizes at alight.com.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements regarding our management and director succession plans and statements related to the expectations regarding the performance and outlook for Alight’s business, financial results, liquidity and capital resources. In some cases, these forward-looking statements can be identified by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks described under the section entitled “Risk Factors” of Alight’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and in the Quarterly Report on Form 10-Q filed with the SEC on May 8, 2024, as such factors may be updated from time to time in Alight's filings with the SEC, which are, or will be, accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be considered along with other factors noted in this presentation and in Alight’s filings with the SEC. Alight undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Investors:

Jeremy Cohen

investor.relations@alight.com



Media:

Mariana Fischbach

mariana.fischbach@alight.com

Source: Alight Solutions

FAQ

Who is the new CEO of Alight (ALIT)?

Dave Guilmette has been appointed as the new Chief Executive Officer of Alight (NYSE: ALIT).

What is Dave Guilmette's background before joining Alight (ALIT)?

Dave Guilmette was previously the CEO of Global Health Solutions, a multi-billion dollar division of Aon, and has extensive experience in the healthcare and benefits industry.

What major changes has Alight (ALIT) recently undergone?

Alight has completed a technology transformation and divested its Payroll & Professional Services business, simplifying its structure as a platform company.

Has Alight (ALIT) provided any financial guidance following the CEO change?

Yes, Alight has reiterated its 2024 second half business outlook, indicating financial stability despite the leadership transition.

Alight, Inc.

NYSE:ALIT

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