– USA, IL – Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology-enabled services provider, announced the appointment of Russ Fradin as Chairman of the Board of Directors effective March 1, 2025, succeeding Bill Foley who remains on the Board.
In addition, the company announced the appointments of Rob Schriesheim, Bob Lopes, and Mike Hayes to its Board of Directors, replacing Erika Meinhardt, Regina Paolillo, and Dan Henson who stepped down, also effective as of March 1, 2025.
Rob Schriesheim will join the Audit and Compensation committees, while Bob Lopes will serve on the Audit and Nominating and Corporate Governance committees and Mike Hayes will serve on the Audit and Compensation committees.
About Russell P. Fradin
Russ Fradin joined CD&R in 2016. He played the lead operating role in the Firm’s investments in Capco, Sirius, and TRANZACT, serving as chairman until CD&R’s exit. He served as president and CEO at SunGard Data Systems, a $3 billion software and IT services provider with 15,000 customers across more than 70 countries from 2011 until the company’s acquisition by FIS in 2015. Before SunGard, he served as the chairman and CEO of Aon Hewitt, a global leader in human resource solutions. During his tenure, Mr. Fradin oversaw the 2010 merger between Aon Consulting and Hewitt Associates, having been CEO of Hewitt since 2006. Previously, he was CEO of BISYS Group, Inc. and held a range of senior executive positions at Automatic Data Processing, both providers of business outsourcing solutions. He worked many years as a management consultant at McKinsey & Company, where he was a senior partner. Mr. Fradin has been an experienced Board and Advisory Committee member of several public and private companies over the years.
Russ Fradin has an M.B.A. from Harvard Business School and a B.S. in economics and finance from The Wharton School of the University of Pennsylvania.
About Robert Schriesheim
Rob Schriesheim is chairman of Truax Partners LLC and leads large, complex transformations in partnership with Boards, CEOs, and institutional investors as an investor and director. He has served on 12 public boards ranging from under $1 billion in revenue to Fortune 500, including as chairman, and has served as CFO of 4 public companies varying in revenue from $1 billion to $40 billion.
From 2019 to 2021 he served in a full-time capacity as chairman of the finance committee of telecom services provider Frontier Communications leading its transformation and Chapter 11 reorganization to restructure $17.5 billion in debt creating $5 billion in stakeholder value. Previously, he was EVP and CFO of Sears Holdings, a broad-based retailer, from 2011 until 2016; SVP and CFO of Hewitt Associates, a global human resource consulting and outsourcing company, until its acquisition by Aon in 2010. From 2006 to 2009, he was EVP, CFO, and a board director of Lawson Software a publicly traded global ERP software provider until its acquisition by Golden Gate Capital/Infor in 2010.
Rob Schriesheim is a director of publicly traded Houlihan Lokey, a global investment bank, where he serves as the lead independent director and chairman of the audit committee; Indivior PLC a pharmaceutical company where he serves as a member of the Nominating and Governance Committee; and of Skyworks Solutions, an S&P 500 semiconductor company, serving on the audit and compensation committees. In addition, he is an adjunct associate professor of finance-focused in the area of Corporate Board Governance and Activism at The University of Chicago Booth School of Business. Previously, Rob was a director of numerous public companies including NII Holdings, formerly Nextel International (acquired by América Móvil S.A.B. de C.V.), Forest City Realty Trust, Co-Chairman MSC Software, and Dobson Communications.
Rob Schriesheim received an AB in Chemistry from Princeton University and an MBA from the University of Chicago Booth School of Business with concentrations in business economics and finance.
About Robert Lopes, Jr.
Bob Lopes is well known in the HR outsourcing and HR/Staffing Services Industry. His extensive experience in reorganizing and scaling operations resulted in profitable growth for multiple companies approaching $1 billion in revenues. Bob’s versatility is shown over his career where he has held multiple executive roles within the same company both focused on strategic growth and business efficiency. In addition to Bob’s executive management responsibilities at Randstad, he has been active in the due diligence of acquisition targets, is a member of the Executive Diversity Council, and is an executive supporter of Business Resource Groups. Bob Lopes assumed the CHRO role for Randstad North America after the COVID outbreak to help guide the businesses and 90,000+ employees through significant change. Before Randstad, Bob ran and also served as a board member for a privately held healthcare technology company that was acquired by one of his former employers. At Fidelity, Bob was CEO of Veritude, an HR services and staffing company. At the same time, he was a Managing Director for the holding company. In this role, Bob was responsible for a portfolio that included several Fidelity Capital Companies, including BostonCoach, Seaport Companies, Sebastians, and Veritude. Before Fidelity, Bob was the Global Managing partner for all of Towers Perrin’s HR & benefits outsourcing businesses where he was responsible for operations in North America and Europe; Bob Lopes was a leader in the sale of this business to EDS. Bob’s versatility in both technology and HR services is a common thread throughout his career.
Bob Lopes holds a business degree from the University of Notre Dame. He resides in the Asheville, North Carolina area.
About Mike Hayes
Mike Hayes is Managing Director, Insight Partners, a global software investment firm with over $90B regulatory assets under management as of September 30, 2024, and 800+ portfolio companies across every stage of growth. Before Insight, he was COO at VMware, where he led the company’s worldwide business operations, its SaaS transition, and the successful acquisition of Broadcom for $94B. Before that, Mike Hayes served as SVP and Head of Strategic Operations for Cognizant Technologies, where he ran a $2B P&L for Cognizant’s global financial services clients. Mike previously spent four years at Bridgewater Associates, an investment management firm, where he served as Chief of Staff to CEO and COO roles.
Before Bridgewater, he spent 20 years in the U.S. Navy SEALs where his career began as one of 19 graduates from a class of 120. Mike served throughout South America, Europe, the Middle East, and Central Asia, including the conflicts in Bosnia, Kosovo, Iraq, and Afghanistan. His last job in the Navy was as the Commanding Officer of SEAL Team TWO, which included ten months as the Commander of a 2,000-person Special Operations Task Force in southeastern Afghanistan. Before that, Mike was selected as a White House Fellow (”08/’09) and served two years as Director of Defense Policy and Strategy at the National Security Council. In the Bush Administration, Mike was responsible for the START Treaty, where he produced a new proposed START Treaty and flew to Russia for negotiations. In the Obama administration, he led the White House response to President Obama’s first major foreign policy showdown – the hijacking of the Maersk Alabama off the coast of Somalia. Before the White House Fellowship, Mike served as the Deputy Commander for all Special Operations in Anbar Province, Iraq. Mike holds an M.A. in Public Policy from Harvard’s Kennedy School and received his B.A. from Holy Cross College, where he was an active Big Brother. His military decorations include the Bronze Star for valor in combat in Iraq, a Bronze Star for Afghanistan, and the Defense Superior Service Medal from the White House. Mike is the author of the best-seller “Never Enough: A Navy SEAL Commander on Living a Life of Excellence, Agility, and Meaning” and donates all profits to a 501c3 he started that pays off mortgages for Gold Star widows and children.
Mike serves on the board of Immuta, a data governance company, and is the founding board member of the National Medal of Honor Museum. Mike is a lifetime member of the Council on Foreign Relations, is fluent in German and Spanish, frequently speaks about leadership and elite organizations, and enjoys mentoring others to success.
About Alight Solutions
Alight is a leading cloud-based human capital technology and services provider for many of the world’s largest organizations and over 35 million people and dependents. Through the administration of employee benefits, Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, absence management, and navigation. Our Alight Worklife platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s most important moments with personalized benefits management and data-driven insights, leading to increased employee well-being, engagement, t, and productivity.
For more: https://www.alight.com/
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