Benefitfocus Names James Bradley Wilson to Board of Directors
November 01 2021 - 4:10PM
Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading
benefits technology platform that simplifies benefits
administration for employers, health plans and brokers, has
appointed James Bradley (Brad) Wilson, former President and CEO of
Blue Cross and Blue Shield of North Carolina (BCBSNC), as an
independent director, effective October 29, 2021. Wilson will chair
the Board’s nominating and governance committee.
“Brad has an impressive track record leading the
largest health insurer in the state of North Carolina. During his
tenure, he helped position BCBSNC as a national leader in health
care innovation and oversaw the implementation of the Affordable
Care Act in North Carolina. I believe Brad’s industry expertise and
passion for health care will be a tremendous asset to the board and
company,” said Doug A. Dennerline, independent chair of the
board.
Wilson joined BCBSNC in 1995, holding a variety
of senior-level positions before being appointed President and
Chief Executive Officer in 2010, a role he held until his
retirement in 2018. During his 23 year tenure at BCBSNC, he
previously served as: Executive Vice President, Chief Operating
Officer; Executive Vice President, Chief Administrative Officer and
Corporate Secretary; and Senior Vice President, General Counsel and
Corporate Secretary. Prior to BCBSNC, Wilson served as General
Counsel to North Carolina Governor James B. Hunt Jr. from 1992 to
1995. From 1978 to 1992, Wilson enjoyed a successful career in the
private practice of law at Carpenter, Wilson, Cannon and Blair,
P.A., serving as Managing Partner of the firm from 1988 to
1992.
Wilson is currently an Executive in Residence at
North Carolina Agricultural & Technical University and was an
Executive in Residence at Wake Forest University from 2018 to 2021.
He also has been engaged as a consultant with SAS Institute Inc.
since 2018. From 2019 to 2020 Wilson was a consultant with the
Center for Medicare and Medicaid Services in Washington, DC. From
2018 to 2020, he was the Chancellor’s Senior Advisor for Business
at the University of North Carolina at Chapel Hill. From 2018 to
2020, Wilson also was an advisor to the Kenan Flagler Business
School’s Center for the Business of Healthcare and Gillings School
of Public Health. During this period, he also served as adjunct
faculty and lecturer at the Gillings School of Public Health and
lectured at the Kenan Flagler Business School.
“I look forward to leveraging my experience and
working with Matt and the team to further the company’s mission,
advance its strong market position with employers and health plans
and, ultimately, enhance shareholder value,” said Wilson.
A lifelong North Carolinian and impactful
community leader, Wilson is a recipient of the Order of the Long
Leaf Pine, the highest civilian honor bestowed by the governor of
North Carolina. Wilson serves on the board of directors of Cecelia
Health, Inc., CliniStart, Inc., Halcyon Health, Inc., Risalto
Health Inc. and Lucerno Dynamics, LLC, and the board of advisors of
CitiusTech Inc. He was also recognized by the Triangle Business
Journal as CEO of the Year in 2015. Wilson holds a B.A. in History
and an honorary doctorate from Appalachian State University, an
M.A. in Liberal Studies from Duke University and a J.D. from Wake
Forest University.
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About Benefitfocus Benefitfocus (NASDAQ:
BNFT) unifies the entire benefits industry through innovative
technology solutions that bring efficiency, cost savings and
simplicity to employee benefits administration. Our powerful
cloud-based software, data-driven insights and
thoughtfully designed services help employers, insurance
brokers, health plans and suppliers address the complexity of
benefits enrollment and engagement, while bringing easier access to
health, wealth and lifestyle products through a world-class
benefits experience. Our mission is simple: to improve lives
with benefits. Learn more
at www.benefitfocus.com, LinkedIn and Twitter.
DISCLAIMER REGARDING FORWARD LOOKING
STATEMENTS Except for historical information, all of the
statements, expectations, and assumptions contained in this press
release are forward-looking statements. Actual results 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 ability to maintain our culture and
recruit, integrate and retain qualified personnel, including on our
board of directors; our ability to compete effectively; the need to
innovate and provide useful products and services; risks related to
changing healthcare and other applicable regulations; the immature
and volatile nature of the market for our products and services;
privacy; security and other risks associated with our business;
management of growth; volatility and uncertainty in the global
economy and financial markets in light of the evolving COVID-19
pandemic; 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:843-981-8899ir@benefitfocus.com
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