PlanSource Appoints Mike Morini as Chief Executive Officer
June 25 2024 - 7:00AM
PlanSource, a leading cloud-based benefits engagement platform, has
welcomed Mike Morini as Chief Executive Officer. Morini joins the
company’s seasoned executive team to lead PlanSource on its mission
to transform and streamline corporate employee benefits programs.
Morini is a 30-year software veteran with extensive experience
growing and scaling global, high-growth, cloud-based platforms,
with a leadership style focused on customers, culture and
community. Most recently, Morini was CEO of WorkForce Software for
eight years, where he was named a Top 50 SaaS CEO of 2023 by The
Software Report and a Top 100 Highest-Rated Chief Executive Officer
in 2022 by Comparably. Previously, Morini held leadership positions
at SAP, Aria Systems, OutlookSoft, InterWorld and Verbind.
“I am excited to join the PlanSource team and get to know the
employees, customers and partners that are part of the PlanSource
ecosystem,” said Mike Morini. “I am excited to see the positive
impact a renewed focus on our customers, culture and community will
have on the industry.”
Morini’s appointment comes at a time of strong momentum for
PlanSource. In 2023, new business bookings grew by 11 percent from
the prior year, which brought 760 new employers representing nearly
500,000 employees to its platform. The company is also committed to
innovation through the infusion of AI technology to supercharge its
platform for HR professionals and employees. In early 2024,
PlanSource unveiled Olive, a new AI assistant. Powered by ChatGPT4,
Olive creates tailored communications for HR professionals with the
ability to quickly adjust the formality, tone, length and language
of the communication.
“Mike has a breadth of experience leading and scaling enterprise
platforms and a deep understanding of the HCM industry. His focus
on building winning cultures and customer-centric approach will be
a great fit for the PlanSource team,” said Nadeem Syed, Senior
Managing Director, Head of Value Creation at Vista Equity Partners
and Executive Chairman of the PlanSource Board of Directors. “I am
thrilled to welcome Mike and look forward to working with him as
the company embarks on its next phase of growth.”
About PlanSourcePlanSource is a technology
company that automates and simplifies every aspect of employee
benefit programs so employees and HR teams can make smarter, more
confident benefits decisions. More than 5 million consumers receive
their benefits through the PlanSource platform, which provides the
best experience possible for benefits communications, shopping,
enrollment, billing, compliance and ongoing administration. With an
end-to-end benefits platform and suite of technology-enabled
services, PlanSource helps people maximize their benefits so they
can live happier, healthier lives. Learn more at
plansource.com.
PlanSource is a registered trademark of PlanSource, Inc., and
PlanSource owns other registered and unregistered trademarks. Other
names used herein may be trademarks of their respective owners.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4b673d54-cc98-414f-9ad5-44a3cbb387da
Press Contact
Jeanne Achille
The Devon Group for PlanSource
+1-732-706-0123 ext. 700
jeanne@devonpr.com
Cat Miller
Vice President of Marketing and Communications, PlanSource
918.894.1298
cat.miller@plansource.com