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Alight Announces New Board Leadership Changes

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Alight Announces New Board Leadership Changes

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Alight ( (ALIT) ) has provided an announcement.

On February 20, 2025, Alight, Inc. announced significant changes to its Board of Directors, effective March 1, 2025. Russell P. Fradin was appointed as the new Chairman of the Board, succeeding William P. Foley, II, who will remain a board member. The board also welcomed new directors Robert Schriesheim, Robert Lopes, Jr., and Mike Hayes, while Erika Meinhardt, Regina Paolillo, and Dan Henson stepped down. These changes are part of Alight’s strategy to enhance leadership and governance, positioning the company for future success and value creation, as noted in their cooperation with Starboard Value, LP.

More about Alight

Alight, Inc. is a leading cloud-based human capital and technology-enabled services provider. The company focuses on supporting workforce management and benefits administration, serving a wide array of prestigious organizations globally.

YTD Price Performance: -1.04%

Average Trading Volume: 5,622,998

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.62B

See more data about ALIT stock on TipRanks’ Stock Analysis page.

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