Benefitfocus Names Coretha Rushing to Board of Directors
March 16 2021 - 9:01AM
Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading
benefits technology platform that simplifies benefits
administration for employers, health plans and brokers, announces
that Coretha M. Rushing, human resources executive and industry
veteran, has been named as an independent director to the
Benefitfocus board.
“Coretha is a highly respected figure in the HR community who
brings an impressive array of industry expertise developed over 30
years,” said Doug A. Dennerline, chairman of the nominating and
governance committee and incoming independent chairman of the
board. “On behalf of the board and management, we look forward to
working with Coretha to leverage her invaluable insights and
counsel as we chart the future direction and unlock additional
shareholder value at Benefitfocus.”
Rushing, a leader and visionary in the human resources industry,
is currently managing director at Merryck & Co. Americas, LLC,
a global executive coaching and mentoring firm. She was previously
corporate vice president and chief human resources officer (CHRO)
of Equifax Inc. (NYSE: EFX), a $4 billion global credit and data
analytics firm. Prior to that, Rushing was senior vice president
and the first woman to serve as CHRO at The Coca Cola Company.
Rushing has dedicated 30 years to leadership roles at Equifax,
Coca-Cola, PepsiCo Inc., IBM and CR Consulting Alliance LLC, her
own human resource consulting firm. She currently is an external
board advisor at Spencer Stuart, a leading global executive search
and leadership advisory firm. She also serves on the board of 2U,
Inc., an educational technology platform, and is board chair,
emeritus for SHRM (Society for Human Resource Management), a
300,000-member global human resource organization.
“Benefitfocus’ industry-leading integrated benefits enrollment
platform is a critical offering that delivers immense value to its
customers,” said Rushing. “I’m excited to join the board at such a
pivotal time and look forward to helping the Company deliver even
more value to its customers and the broader benefits
ecosystem.”
A native of Virginia, Rushing received a B.S. in Industrial
Psychology from East Carolina University and an M.Ed. in Human
Resources and Counseling from The George Washington 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 uncertainties arising from the recent U.S. elections;
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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/64130230-0637-4890-84bb-eb41c8c113d8
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