Associated tags: Health, Professional Services, Human Resources, Software, NYSE, Data Management, Data Analytics, Alight
Locations: VIRGINIA, DC, PENNSYLVANIA, ILLINOIS, UNITED STATES, NORTH AMERICA, EWA, APAC
Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Chief Executive Officer, Stephan Scholl, and Chief Financial Officer, Jeremy Heaton, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 8:50 a.m.
Key Points:
- Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Chief Executive Officer, Stephan Scholl, and Chief Financial Officer, Jeremy Heaton, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 8:50 a.m.
- ET, available via live webcast here .
Professional Services,
Business,
Apps,
Applications,
Technology,
Human Resources,
Software,
Sale,
Central Time,
Partnership,
Business process,
HCM,
As a service,
Payroll,
Professional services,
Interest,
Pharmaceutical industry Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the first quarter ended March 31, 2024.
Key Points:
- Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the first quarter ended March 31, 2024.
- Beginning with the quarter ended March 31, 2024, the Company began accounting for the assets and liabilities of the Payroll & Professional Services business as “held for sale” and its operating results as discontinued operations.
- Until closing, the Payroll & Professional Services business will continue to operate as a business of Alight; accordingly, this press release also presents total company results.
- A conference call to discuss the Company’s first quarter 2024 financial results is scheduled for today, May 8, 2024 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time).
Alight (NYSE: ALIT or the “Company”) today announced two leadership promotions as part of the Company’s ongoing transformation.
Key Points:
- Alight (NYSE: ALIT or the “Company”) today announced two leadership promotions as part of the Company’s ongoing transformation.
- Mr. Heaton brings more than two decades of financial experience, including more than 20 years at GE in global financial management.
- Mr. Goff has been with Alight since 2020 and has 23 years of experience in the technology industry.
- “Today’s announcement is a celebration of three pillars of the Alight leadership team, and is the result of thoughtful, long-term planning that coincides with the Company’s transformation toward a more simplified and focused platform company,” said Stephan Scholl, CEO of Alight.
Software,
Data Analytics,
Human Resources,
Internet,
Finance,
Professional Services,
Technology,
Other Technology,
Sale,
Agreement,
HR,
Research,
HCM,
Human,
Chairperson,
Simpson Thacher & Bartlett,
Professional services,
Port and starboard,
Halshany,
Growth,
Management Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today announced the appointment of Dave Guilmette and Coretha Rushing as independent directors to its Board of Directors (the “Board”), effective immediately.
Key Points:
- Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today announced the appointment of Dave Guilmette and Coretha Rushing as independent directors to its Board of Directors (the “Board”), effective immediately.
- During this process, Starboard will have the ability to submit candidates for the Board’s consideration and meet final candidates.
- William P. Foley, II, Chair of the Board, said, “We are pleased to welcome Dave and Coretha to the Board.
- Dave and Coretha each bring a wealth of industry, operations, and governance expertise that will allow them to contribute from day one.
Technology,
Insurance,
Human Resources,
Fintech,
Professional Services,
Software,
Networks,
Data Analytics,
Data Management,
Webcast,
Event Alight (NYSE: ALIT or the “Company”) today announced it will release first quarter results before market open on Wednesday, May 8, 2024, and management will subsequently discuss the results on a webcast at 8:30 a.m.
Key Points:
- Alight (NYSE: ALIT or the “Company”) today announced it will release first quarter results before market open on Wednesday, May 8, 2024, and management will subsequently discuss the results on a webcast at 8:30 a.m.
- ET.
- The webcast and a presentation of financial information will be publicly available at Events & Presentations .
- A replay of the call will be available on the Company website, and through Wednesday, May 22, 2024 by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 1127263.
Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider has been named as one of the Fortune 100 Best Companies to Work For® in 2024 by Great Place To Work® and Fortune magazine .
Key Points:
- Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider has been named as one of the Fortune 100 Best Companies to Work For® in 2024 by Great Place To Work® and Fortune magazine .
- Alight ranked 74th among the 100 Best Companies to Work for, marking its inaugural appearance on this prestigious list and underscoring its dedication to prioritizing employee satisfaction and wellbeing.
- Great Place To Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback from more than 1.3 million U.S. employees.
- “Fortune is happy to have collaborated with Great Place To Work for the 27th year to recognize the 100 Best Companies to Work For,” says Alyson Shontell, editor-in-chief at Fortune.
Professional Services,
Technology,
Insurance,
Human Resources,
Software,
Artificial Intelligence,
Well,
Financial management,
Synthetic media,
HR,
ROI,
EVP,
IVA,
Single sign-on,
Generative,
Long-term care,
Investment,
SSO,
Therapy,
Collection,
ACA,
Health insurance Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced the first major release of Alight Worklife for 2024.
Key Points:
- Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced the first major release of Alight Worklife for 2024.
- The release introduces AI-powered workforce support, comprehensive benefits management, and holistic financial and wellbeing capabilities to improve the employee experience and help generate increased ROI for employers.
- Native to Alight Worklife, Alight Pay delivers on- and off-cycle payroll in various jurisdictions internationally, with built-in SOC controls and defensive queries to improve payroll accuracy and minimize leakage.
- With over 60 new features, this is the first of two major releases in 2024 for Alight Worklife.
Retrieved on:
Wednesday, March 20, 2024
Data Management,
Banking,
Personal Finance,
Technology,
Professional Services,
Payments,
Research,
Software,
Science,
Human Resources,
Finance,
Cloud,
Automation,
Interest,
Growth,
Partnership,
Payroll,
Webcast,
Artificial intelligence,
Simpson Thacher & Bartlett,
Sale,
SAP,
Acquisition,
LLP,
H.I.G. Capital,
Guggenheim Partners,
Professional services,
Investment,
HCM,
Kirkland & Ellis Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G.
Key Points:
- Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G.
- This values the Payroll & Professional Services business at a multiple of approximately 10 times its estimated 2023 adjusted EBITDA and 24 times its estimated unlevered free cash flow.
- Following the transaction, Alight and the Payroll & Professional Services business will establish a commercial partnership to bolster their collective competitiveness, coupling world-class service capabilities with a compelling value proposition for clients.
- “We are thrilled to partner with Luca and the entire Payroll & Professional Services team,” commented Matt Lozow, Managing Director at H.I.G.
Technology,
Insurance,
Human Resources,
Other Technology,
Professional Services,
Health Insurance,
Software,
General Health,
Health,
Data Management,
Automation,
STP,
COVID,
EVP,
Friction,
Straight-through processing As a part of its holistic strategy, Alight recently integrated leave management into the Alight Worklife® platform.
Key Points:
- As a part of its holistic strategy, Alight recently integrated leave management into the Alight Worklife® platform.
- This integration offers a unified experience for employees, empowering them to more easily initiate leave of absence claims, assess eligibility, track claim status, explore leave options, and access disability-related information.
- SmartSTART streamlines claim intake for leaves of absence by asking questions based on the condition and reason for leave.
- This capability increases the speed at which decisions for common leaves of absence, such as maternity and certain routine surgeries, are approved and completed.
Software,
Data Analytics,
Human Resources,
Internet,
Data Management,
Professional Services,
Technology,
Security,
Cloud,
Agility,
SAP,
Risk,
HR,
Organization,
HCM,
Human resource management,
Workforce,
Environment,
Partnership The Alight Worklife platform will leverage SAP S/4HANA Cloud to provide organizations with a transformative, cloud-based payroll system.
Key Points:
- The Alight Worklife platform will leverage SAP S/4HANA Cloud to provide organizations with a transformative, cloud-based payroll system.
- The new offering can improve payroll efficiency and performance and enhance security around sensitive employee and organizational data.
- Through this partnership, Alight will provide full support for organizations currently using Alight payroll systems on-premise who are looking to move to the cloud to better address these challenges to ensure a seamless transition.
- “Our continued partnership with Alight combines payroll excellence with leading-edge cloud technology to help organizations prepare their business and their workforce for the future.”
