Alight Appoints Dave Guilmette To Succeed Stephan Scholl As CEO

RTTNews | 59 days ago
Alight Appoints Dave Guilmette To Succeed Stephan Scholl As CEO

(RTTNews) - Alight, Inc. (ALIT), a cloud-based human capital technology and services provider, announced Monday that the Company's Board of Directors recently appointed Dave Guilmette as Chief Executive Officer. In addition, Guilmette will continue as Vice Chair of the Board.

As part of the Company's previously disclosed succession plan, Stephan Scholl has stepped down as Alight's CEO and member of the Board. He will remain with the company as an advisor for six months and continue to help advance the company's strategic initiatives.

Guilmette is a highly accomplished leader in the healthcare and benefits industry who has served on Alight's Board since May 2024. He previously served as CEO of Global Health Solutions, a multi-billion-dollar division of Aon. He then served as a Strategic Advisor at Global Health Solutions.

Previous to his leadership roles at Aon, he spent nearly a decade at Cigna, serving as President of the Global Employer Segment and Private Exchanges and 20 years at Towers Perrin (Willis Towers Watson) in leadership roles including serving as Managing Director of the global Health and Welfare business.

In conjunction with his appointment, Guilmette stepped down from the Board's Audit Committee. With Scholl's departure, the Board will now consist of 10 rather than 11 directors. In addition, the Company reiterated its 2024 second half business outlook.

read more
U.S. Weekly Jobless Claims Unexpectedly Fall To 227,000

U.S. Weekly Jobless Claims Unexpectedly Fall To 227,000

After reporting an unexpected pullback by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further downside in the week ended October 19th.
RTTNews | 4h 48min ago
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Higher crude oil and bullion prices point to a positive start for the Canadian market on Thursday. Investors are likely to track quarterly earnings updates from Canadian and U.S. companies.
RTTNews | 4h 49min ago
Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Shares of Tesla Inc. climbed more than 12 percent in the after-hours on Wednesday and are currently up around 11 percent in the pre-market activity on the Nasdaq after the luxury electric vehicle maker reported higher profit in its third quarter, above market estimates, benefited by volume growth. Looking ahead to fiscal 2024, the company projects slight growth in vehicle deliveries...
RTTNews | 7h 17min ago
European Shares Rise On Earnings Boost, Rate Cut Hopes

European Shares Rise On Earnings Boost, Rate Cut Hopes

European stocks climbed on Thursday as strong earnings from a slew of companies and dovish comments from Bank of England (BoE) Governor Andrew Bailey offset disappointing business activity readings from the region.
RTTNews | 7h 34min ago
FTSE 100 Rallies On Rate Cut Hopes

FTSE 100 Rallies On Rate Cut Hopes

U.K. stocks rose notably on Thursday after Bank of England (BoE) Governor Andrew Bailey said that U.K. inflation is fading more rapidly than central bankers expected, boosting bets on another rate cut on Nov. 7.
RTTNews | 7h 52min ago
Eurozone Private Sector Activity Shrinks

Eurozone Private Sector Activity Shrinks

Eurozone private sector activity shrank moderately in October on continuing contraction in manufacturing, flash survey data from S&P Global showed on Thursday. The HCOB flash composite output index rose slightly to 49.7 in October from 49.6 a month ago. The reading was seen at 49.8. Business activity in the currency bloc dropped marginally for the second straight month.
RTTNews | 7h 57min ago