Benefitfocus Appoints Ravi Metta as Executive Vice President, Product and Engineering
September 24 2020 - 5:00PM
Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits
technology platform enabling rapid innovation for employers and
health plans, today announces the appointment of Ravi Metta to the
newly created role of executive vice president, product and
engineering, effective September 28, 2020.
Metta will play an important role in leading the
company into a new era of customer-focused product innovation and
operational excellence. He will report directly to Steve Swad,
president and chief executive officer of Benefitfocus.
Metta brings to Benefitfocus more than 20 years
of experience in technology leadership, product development and
digital transformation at prominent technology companies. Most
recently, he served as vice president of enterprise platforms and
product development at Intuit and was a member of its core
technology executive leadership team. Metta was responsible for
delivering platform strategy and products that made financial
software simple. He also led Intuit’s transformation to the cloud
and secured product-led partnerships with some of the world’s top
technology companies. Prior to his roles at Intuit, Metta held
technology and product leadership roles at Dun & Bradstreet,
Dell, and Sabre. Metta earned a bachelor’s degree in Engineering
from Nagarjuna University and a master’s degree in Engineering from
The University of Texas.
“Benefitfocus is an industry leader with a
critical mission – to improve people’s lives with benefits,” said
Metta. “It is a privilege to lead the company’s product innovation
and technology investments during a time when benefits are becoming
part of our daily lives. I look forward to working with the
talented Benefitfocus team to offer new products and partnerships
that help our health plans, employers, brokers, and everyday people
access and connect to benefits.”
“I’m energized about Ravi’s intense customer
focus and his experience leading high-performing engineering teams,
which should be invaluable as we embark on the next phase of
customer-centered transformation,” said Swad. “With strong product
innovation and technology leadership skills, Ravi is a key addition
to the talent we have brought together at Benefitfocus.”
In connection with Metta’s appointment, Jim
Restivo, chief technology officer, will serve in an advisory role
throughout the company’s open enrollment season and until the end
of 2020 to ensure a smooth transition.
“On behalf of the board and management team, I
want to thank Jim for his many contributions to our company. Over
the past four years, he has established our strong technical
foundation, standardized our infrastructure, advanced our security,
and accelerated our automation, efficiency and data-quality
efforts,” Swad continued. “Benefitfocus has never had a better
technical framework. We recently executed a seamless software
release and believe we are well-positioned to execute on our open
enrollment commitments for our customers.”
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About BenefitfocusBenefitfocus
(NASDAQ: BNFT) unifies the entire U.S. benefits industry on a
single technology platform to protect consumers for life. Our
powerful cloud-based software, data-driven insights and
thoughtfully-designed services enable employers, insurance brokers,
health plans and suppliers to simplify the complexity of
benefits administration and deliver health, wealth, property and
lifestyle products through a world-class benefits experience. Learn
more at www.benefitfocus.com, LinkedIn and Twitter.
Except for historical information, all of the
statements, expectations, and assumptions contained in this press
release are forward-looking statements. Actual results or
performance might differ materially from those explicit or implicit
in the forward-looking statements. Important factors that could
cause actual results to differ materially include: our
reliance on and need to integrate and retain key personnel; our
ability to compete effectively; the need to innovate and provide
useful products and services; the immature and volatile nature of
the market for our products and services; privacy; security and
other risks associated with our business; risks related to changing
healthcare and other applicable regulations; and the other risk
factors set forth from time to time in our SEC filings, copies of
which are available free of charge within the Investor Relations
section of the Benefitfocus website
at http://investor.benefitfocus.com/sec-filings or upon
request from our investor relations department. Benefitfocus
assumes no obligation and does not intend to update these
forward-looking statements, except as required by law.
Benefitfocus, Inc. 843-981-8898pr@benefitfocus.com
Investor Relations: Patti
Leahy843-981-8899ir@benefitfocus.com
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