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Benefitfocus Announces Douglas Dennerline To Board of Directors
[August 20, 2014]

Benefitfocus Announces Douglas Dennerline To Board of Directors


(Benzinga Lightning Feed Via Acquire Media NewsEdge) Benefitfocus, Inc. (Nasdaq: BNFT), a leading provider of cloud-based benefits software solutions, today announced the appointment of independent director Douglas Dennerline to its Board of Directors.



Doug is currently Chief Executive Officer of Alfresco Software, Inc., an open source content management company with over 7 million users globally. Prior to joining Alfresco, Doug served as President and a director of SuccessFactors, Inc., a multinational company that provides cloud-based human capital management software solutions. Previously, Doug was also Executive Vice President of Sales, Americas and EMEA for Salesforce.com, Inc., the world's largest provider of customer relationship management software. Doug holds a B.S. in Business Administration from Arizona State University.

"On behalf of our entire Board of Directors, we are extremely excited that Doug has joined our Board. With his significant technology background and experience leading and serving as a director of relevant companies, we look forward to his contributions to Benefitfocus," said Mason Holland, Executive Chairman of the Board. In addition, Raheel Zia, of Goldman Sachs, resigned from the Board as he is moving on to other opportunities. "We also thank Raz Zia for his 7 years of service on the Benefitfocus Board. Raz played an important role in growing our Company and we wish him continued success," said Mr. Holland.


Doug has also been appointed to serve on the Benefitfocus Board's Audit Committee, along with current independent directors Frank Pelzer (Chair) and Steve Swad, making the Committee fully independent for SEC and NASDAQ purposes within the transitional timeline permitted subsequent to the Company's IPO last fall.

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