Alegeus Bolsters Executive Leadership Team with Appointments of Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer

Rhea-AI Summary

Alegeus has expanded its executive leadership team by appointing Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer. Luria brings 25 years of experience in legal support and corporate governance, notably serving at Cybereason and Mavenir. Brames, with a similar tenure in financial services, previously held leadership roles at FIS. These appointments aim to enhance Alegeus' capabilities in legal compliance and payments, thereby supporting its growth strategy in the evolving healthcare payment solutions market.

Positive

• Roy Luria and Dan Brames bring extensive leadership experience and proven track records in their respective fields.
• Their appointments are expected to drive transformation and growth, particularly in banking and financial services at Alegeus.
• Alegeus is well-positioned in the market with strong technology and a robust partner ecosystem.

Negative

• None.

WALTHAM, Mass.--(BUSINESS WIRE)-- Alegeus, the market leader in healthcare payment solutions, today announced that it has bolstered its executive leadership team with the appointments of Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer. Luria will lead the company’s legal and compliance function, including enterprise risk management and corporate governance, and Brames will elevate the company's banking and financial services capabilities.

With more than 25 years of leadership experience in providing legal support to international business operations, and expertise in corporate, IPOs, M&A and other complex strategic transactions, Luria most recently served as General Counsel and Corporate Secretary at Cybereason, a high-growth, SaaS cybersecurity solution provider. Prior to Cybereason, he served as General Counsel and Corporate Secretary of Mavenir, a cloud-native network software provider, and Xura (NASDAQ: MESG until its acquisition by Siris Capital), a telecom solution provider. Luria previously served as Associate General Counsel, Corporate, SEC Reporting and Assistant Secretary at Comverse Technology, Inc., and earlier in his career was a senior associate at Weil, Gotshal & Manges LLP, a global law firm.

Brames, with more than 25 years of senior-level financial and payments experience, most recently served as group president of the Merchant Solutions group at FIS (NYSE: FIS), a global leader in financial services technology. Prior to this role, he served in other executive-level positions at FIS, including as executive vice president and head of the international merchant group and as head of the retail payments group.

“Roy and Dan bring to Alegeus extensive executive-level experience and proven track records of success—driving transformation and growth at cloud and fintech organizations—and we are excited they are joining our team,” said Leif O’Leary, CEO, Alegeus. “As our organization and our industry continue to evolve amid a rapidly changing environment brought about by digital transformation, Roy and Dan will play key roles as we expand our partner-driven growth strategy. We have an unwavering focus on fueling partner success and I am thrilled to bring onboard leaders like Roy and Dan who share this passion.”

“Alegeus is in an enviable position—with a strong team, proven technology, a terrific partner ecosystem, and a compelling value proposition unmatched in the market,” said Luria. “I am eager to join this leadership team and help the organization advance its incredible growth opportunity.”

“Alegeus, a long-time leader and innovator in healthcare payments, is uniquely positioned in the market,” said Brames. “The organization is poised for continued success and I look forward to helping build and deliver world-class payment experiences to administrators and health plans and their respective clients.”

About Alegeus

With more than 25 years of growth and innovation, Alegeus is the market leader in SaaS-based benefit funding and payment solutions. Our highly flexible, white-label platform powers account-based benefit programs such as HSAs, FSAs, HRAs, COBRA, wellness incentives, lifestyle benefits and beyond. We deliver exceptional user experiences and differentiated capabilities that help our partners strengthen their product offerings, operate more efficiently, and unlock their full growth potential. Our partnerships with the industry’s leading health plans, third-party administrators, financial services and benefit solution providers give Alegeus unparalleled reach in the market, with access to more than 100 million commercially insured Americans. Alegeus is headquartered in Waltham, Mass., with operations centers in Orlando and Bangalore, and a large remote workforce.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221129005203/en/

Dan Ring

Communications & Industry Relations

dan.ring@alegeus.com

Source: Alegeus

FAQ

What are the new appointments at Alegeus?

Alegeus appointed Roy Luria as General Counsel and Corporate Secretary and Dan Brames as Chief Payments Officer.

What is Roy Luria's background?

Roy Luria has over 25 years of experience in legal support for international business operations, previously working at Cybereason and Mavenir.

What experience does Dan Brames bring to Alegeus?

Dan Brames has more than 25 years of experience in financial services, most recently as group president at FIS.

How will the new leadership impact Alegeus?

The leadership changes are expected to enhance Alegeus' capabilities in legal compliance and financial services, promoting growth.