Sign in

    Alight Inc (ALIT)

    You might also like

    Alight, Inc. is a technology-enabled services company specializing in human capital management solutions for large and complex organizations. The company focuses on enhancing employee wellbeing through integrated benefits administration, healthcare navigation, financial wellbeing tools, and payroll services. Alight also implements and administers human capital management software platforms for third-party providers, leveraging data, analytics, and AI to improve employee productivity and outcomes.

    1. Employer Solutions - Offers digital, software, and AI-led capabilities powered by the Alight Worklife® platform, focusing on total employee wellbeing and payroll services.
    2. Professional Services - Provides project-based cloud deployment and consulting services for human capital and financial platforms.
    3. Hosted Business - Delivers core HR and payroll services on hosted human capital management platforms.
    NamePositionExternal RolesShort Bio

    David D. Guilmette

    ExecutiveBoard

    Chief Executive Officer

    Co-Founder of WorldClass Health; Member of the Board of SwordHealth

    David D. Guilmette became the CEO of ALIT on August 20, 2024 and has served as Vice Chair of the Board since July 2024. With over 40 years of experience in healthcare and employee benefits, he previously held leadership roles at Aon, Cigna, and Towers Perrin.

    View Report →

    Allison P. Bassiouni

    Executive

    Chief Delivery Officer

    Allison P. Bassiouni is the Chief Delivery Officer at Alight, Inc. since January 1, 2025. She previously served as Executive Vice President, Customer Experience and Delivery from June 2023 to December 2024 and held other senior roles in benefits delivery at both Alight and Aon Hewitt.

    Deepika Duggirala

    Executive

    Chief Technology Officer

    Deepika Duggirala is Alight's Chief Technology Officer since January 2025, previously serving as Executive Vice President of Technology from June 2023 to December 2024, and she brings over 25 years of technology leadership experience in various companies.

    Gregory A. George

    Executive

    Chief Commercial Officer, North America

    Gregory A. George has served as the Chief Commercial Officer, North America at Alight since June 2023, leading the commercial strategy and operations. Previously, he held leadership roles at Ceridian as Senior Vice President and at Oracle as Group Vice President, contributing significantly to sales and business strategy.

    Jeremy J. Heaton

    Executive

    Chief Financial Officer

    Jeremy J. Heaton is Alight’s Chief Financial Officer since May 8, 2024. He previously served as the Operating Chief Financial Officer from August 2023 to May 2024 and as Executive Vice President of Finance from May 2020 to August 2023.

    Martin T. Felli

    Executive

    Chief Legal Officer and Corporate Secretary

    Martin T. Felli has served as the Chief Legal Officer and Corporate Secretary at ALIT since January 2023, bringing over 28 years of legal experience from previous senior roles at companies including Blue Yonder Holding, Inc., Ecotality, Inc., and Clear Channel Outdoor, Inc.

    Robert W. Sturrus

    Executive

    Chief Client Officer

    Robert W. Sturrus has been the Chief Client Officer at ALIT since January 2025, and he previously served as Executive Vice President, Wealth Solutions from May 2017 through December 2024. His extensive experience in benefits and wealth solutions showcases his strong leadership within the industry.

    Coretha M. Rushing

    Board

    Independent Director on the Board of Directors

    Managing Director and Executive Mentor at The ExCo Group, LLC since 2020; President of CR Consulting Alliance, LLC since 2019; Board Member at ThredUp Inc. since January 2022; Board Member at 2U, Inc. since April 2016; Board Member at Nuvei, Inc. since August 2023

    Coretha M. Rushing has been serving as an independent director and Class III director on the Board of Directors at ALIT since May 5, 2024, and is a member of the Compensation Committee. She brings extensive human resources and leadership experience from her previous roles at Equifax and Coca-Cola.

    Denise Williams

    Board

    Director on the Board of Directors

    Chief People Officer at FIS

    Denise Williams has been serving as a Director on the Board of Directors of Alight, Inc. since February 3, 2023. She is also the Chief People Officer at FIS since April 2016.

    Kausik Rajgopal

    Board

    director

    Executive Vice President of Strategy, Corporate Development, and Partnerships at PayPal Holdings, Inc.; Vice Chair of the Stanford Graduate School of Business Advisory Council; Chair of the Board and Executive Committee of the Bay Area Council

    Kausik Rajgopal is a director on the Board of Alight, Inc. (ALIT), having joined effective on March 17, 2023 as a Class II director with a term expiring at the 2025 annual meeting. He brings extensive leadership experience from executive roles at PayPal Holdings, Inc. and strategic positions at McKinsey & Company, contributing deep expertise in human resources, corporate strategy, and payments.

    Michael E. Hayes

    Board

    Class I Director

    Managing Director at Insight Partners; Board member of Immuta; Founding board member of the National Medal of Honor Museum

    Michael E. Hayes serves on Alight, Inc.'s Board of Directors as a Class I Director since March 1, 2025. He brings extensive experience from his distinguished career in both military and corporate sectors, including serving as Managing Director at Insight Partners and holding board roles at Immuta and the National Medal of Honor Museum.

    Richard N. Massey

    Board

    Director

    CEO of Cannae Holdings, Inc. ; Director at Dun & Bradstreet ; Partner at Westrock Capital, LLC

    Richard N. Massey has been serving as a Director at ALIT and Chair of the Compensation Committee since July 2021. He is a seasoned corporate finance professional with extensive experience, currently acting as CEO of Cannae Holdings, Inc., a Director at Dun & Bradstreet, and a Partner at Westrock Capital, LLC.

    Robert A. Lopes

    Board

    Director

    CHRO at Randstad North America; CEO of Veritude; Managing Director at Fidelity Capital; Global Managing Partner at Towers Perrin; Board Member at a Privately-held Healthcare Technology Company

    Robert A. Lopes, Jr. was appointed as a Director at ALIT effective March 1, 2025 and serves on the Audit and Nominating and Corporate Governance committees. He has extensive experience from previous executive roles including CHRO at Randstad North America, CEO of Veritude at Fidelity, and Global Managing Partner at Towers Perrin.

    Robert A. Schriesheim

    Board

    Director

    Lead Independent Director and Chairman of the Audit Committee at Houlihan Lokey; Member of the Nominating and Governance Committee at Indivior PLC; Member of Audit and Compensation Committees at Skyworks Solutions

    Robert Schriesheim was appointed as a Director at ALIT effective March 1, 2025 and serves on the Audit and Compensation committees. He has an extensive background in finance and corporate governance, having served in senior roles such as CFO at Sears Holdings and in other executive capacities.

    Russell P. Fradin

    Board

    Chairman of the Board of Directors

    Russell P. Fradin is a seasoned leader with broad experience in human capital, technology, and financial services. He is currently serving as Chairman of the Board at ALIT since March 1, 2025, and has previously held senior leadership roles at companies such as SunGard Data Systems, Hewitt Associates, and ADP.

    Siobhan Nolan Mangini

    Board

    Board Director (Class III director)

    Board member, Chair of Audit Committee at Marathon Health (since August 2021) ; Board member, Chair of Audit Committee at Cityblock Health (since February 2024) ; Board member at SmithRx (since January 2023) ; Board member at Virta Health (since February 2023)

    Siobhan Nolan Mangini is a Class III board director at Alight, Inc. effective January 1, 2024. She has extensive leadership experience in finance across the healthcare industry, having served as President & CFO at NGM Biopharmaceuticals, Inc. and in multiple financial roles at Castlight Health.

    1. Given the significant historical losses in 2023 and their impact on current revenue growth, what specific strategies are you implementing to prevent such losses in the future, and how confident are you that the improved retention rates are sustainable?
    2. With non-recurring project revenue expected to decline by roughly 25% in each of the first two quarters of 2025 and demand remaining weak, what initiatives are you pursuing to offset this decline, and how might this affect your overall revenue growth targets?
    3. Despite completing your cloud migration and achieving cost savings, revenue growth remains modest; what are the main obstacles preventing acceleration to your long-term target of 4% to 6% growth, and how do you plan to overcome them?
    4. Can you elaborate on the pricing dynamics during renewals, particularly any pricing pressures or concessions that might compress margins, and how you plan to maintain profitability in the face of potential price compression?
    5. Given the significant white space in your existing client base for cross-selling, especially with solutions like leaves administration, what concrete steps are you taking to enhance cross-selling and upselling, and what impact do you expect this to have on ARR bookings and revenue growth?
    Program DetailsProgram 1Program 2
    Approval DateAugust 1, 2022 March 20, 2024
    End Date/DurationNo expiration No expiration
    Total Additional ($M)100 200
    Remaining Auth. ($M)93 0
    DetailsFlexible, market-dependent; can be suspended or discontinued Expanded authorization to manage capital structure and return value to shareholders

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    Accolade

    The company faces competition from other global and national companies, including this competitor, in markets that are rapidly evolving and fragmented.

    The company competes with this entity on the basis of product and service quality, technology, breadth of offerings, ease of use, accessibility of technology, data protection, innovation, trust, reliability, price, and reputation.

    bswift

    This competitor is among the primary entities in the market for the company's solutions, which are subject to changes due to economic, regulatory, and technological developments.

    Businessolver

    The company identifies this competitor as one of the primary entities in its competitive landscape, which is influenced by shifting client needs and increased competition.

    This competitor is noted as one of the primary entities in the fragmented and rapidly evolving market for the company's solutions.

    Empower

    The company competes with this entity in a market influenced by economic, regulatory, and legislative changes.

    Fidelity

    This competitor is listed among the primary entities in the competitive market for the company's solutions, which are subject to technological developments and shifting client needs.

    Included Health

    The company faces competition from this entity in a market that evolves rapidly and is fragmented.

    This competitor is identified as one of the primary entities in the competitive landscape for the company's solutions.

    Mercer

    The company competes with this entity in a market influenced by increased competition from established and new competitors.

    Personify

    This competitor is listed among the primary entities in the competitive market for the company's solutions.

    Sedgwick

    The company identifies this competitor as one of the primary entities in its competitive landscape.

    Quantum Health

    This competitor is noted as one of the primary entities in the fragmented and rapidly evolving market for the company's solutions.

    The company competes with this entity in a market influenced by economic, regulatory, and legislative changes.

    This competitor is listed among the primary entities in the competitive market for the company's solutions, which are subject to technological developments and shifting client needs.

    Recent press releases and 8-K filings for ALIT.

    Alight Inc Q1 2025 Earnings Results and Guidance Reaffirmed
    ALIT
    Earnings
    Guidance Update
    Share Buyback
    Dividends
    Client Wins
    • Q1 2025 revenue reached $548 million with nearly 95% recurring revenue and 92% of 2025 revenue secured under contract
    • Management reaffirmed full-year guidance, targeting $2.32–$2.39 billion in revenue, adjusted EPS of $0.58–$0.64, and free cash flow of $250–$285 million, underscoring a strong recurring business model
    • Adjusted EBITDA climbed to $118 million with a marked net loss improvement to $17 million from $121 million in Q1 2024
    • Q1 generated $44 million in free cash flow while executing share repurchase actions—$41 million buyback and a $20 million repurchase paired with a $0.04 per share dividend
    • Key client wins with US Foods, Markel, and Delek further bolstered the quarter’s performance
    1 day ago
    Alight Inc Investor Day Highlights Strategic Transformation and Growth
    ALIT
    New Projects/Investments
    Revenue Acceleration/Inflection
    • CEO Dave Guilmette outlined the company’s strategy to drive shareholder value through its market-leading integrated employee benefits platform, emphasizing long-term client relationships and deep industry expertise.
    • The management discussed completing a major cloud migration and implementing AI initiatives to enhance service delivery, operational efficiency, and cost savings (approx. $75 million annualized savings).
    • The executives highlighted a robust commercial strategy aimed at expanding recurring revenue, improving client retention, and capturing growth in both large enterprise and mid-market segments.
    Mar 20, 2025, 1:31 PM
    Alight, Inc. Sets Mid-Term Financial Targets at Investor Day
    ALIT
    Guidance Update
    Revenue Acceleration/Inflection
    • Alight, Inc. revealed mid-term financial targets, aiming for 4-6% annual revenue growth by 2027, an adjusted EBITDA margin of approximately 30%, and cumulative free cash flow of about $1 billion between 2025 and 2027.
    • The investor presentation emphasized the company’s strategy to drive long-term profitable growth by leveraging its cloud-based human capital technology platform and addressing evolving client needs.
    Mar 20, 2025, 12:00 AM