Welcome to our dedicated page for Alight news (Ticker: ALIT), a resource for investors and traders seeking the latest updates and insights on Alight stock.
Alight Inc (ALIT) provides cloud-based human capital management solutions transforming employee benefits and HR operations. This page serves as the definitive source for verified news and corporate announcements impacting stakeholders.
Access real-time updates on earnings reports, strategic partnerships, and technology innovations. Investors will find essential information about operational milestones, leadership changes, and market positioning within the HR tech sector. Media professionals benefit from centralized access to official press releases and regulatory filings.
Key updates include financial performance disclosures, acquisition activity, and product launches in cloud-based HCM solutions. Bookmark this page for streamlined tracking of ALIT's developments in business process automation and enterprise digital transformation initiatives.
Alight (NYSE: ALIT) will host its Investor Day on May 15, 2023, from 1 p.m. to 3:30 p.m. ET at the New York Stock Exchange. This event will feature presentations and a Q&A session led by Alight's management team. The Investor Day will be available via live webcast and replay on the Company’s website.
Prior to this event, Alight will announce its first quarter 2023 earnings on May 9, 2023, at 8:30 a.m. ET, followed by a conference call to discuss the results. A replay of the call will be available until May 23, 2023.
For further details, visit the Events & Presentations section of Alight's website.
BARK, Inc. (NYSE: BARK) has announced the immediate addition of Paulette Dodson and Michele Meyer to its Board of Directors. Ms. Dodson brings extensive legal and corporate governance experience, having served in senior roles at Alight, PetSmart, and Sara Lee. Meanwhile, Ms. Meyer has over 30 years of experience in the CPG industry, notably as President at General Mills, where she led significant market growth. Both executives aim to leverage their backgrounds to enhance BARK's strategic initiatives and foster long-term growth. CEO Matt Meeker emphasized their potential to drive value for customers and shareholders.
Alight, Inc. (NYSE: ALIT) has appointed Kausik Rajgopal to its Board of Directors, effective March 17, 2023. This addition expands the board from 8 to 10 members, aligning with Alight's objective to enhance board diversity and expertise. Rajgopal brings extensive experience from PayPal and McKinsey, particularly in HR and technology sectors. Chairman William P. Foley emphasized the value of diverse skills in driving company success. Alight continues to strengthen its leadership structure to support its commitment to delivering innovative human capital technology solutions across its global client base.
Alight, Inc. (NYSE: ALIT) announced the closing of an upsized secondary public offering of 52.9 million shares of its Class A common stock, priced at $9.00 per share. This offering, executed by funds affiliated with Blackstone and others, included the full exercise of an underwriters’ option for an additional 6.9 million shares. Alight did not sell any shares nor receive proceeds from this transaction. Concurrently, the company repurchased 1,148,435 shares at the same price from the Selling Stockholders. The offering was managed by J.P. Morgan and BofA Securities, with other firms participating as co-managers.
Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology provider, announced that CEO Stephan Scholl and CFO Katie Rooney will participate in the Morgan Stanley Technology, Media & Telecom Conference. Their fireside chat is scheduled for March 7, 2023, at 8:00 a.m. PST. A live webcast of the event will be available here.
Alight serves 36 million users, enhancing employee experiences with personalized insights through its Alight Worklife® platform.
Alight, Inc. (NYSE: ALIT) has expanded its Alight Worklife platform to include access for employees’ spouses and families, promoting shared wellbeing journeys. Key improvements include fully integrated wellbeing solutions addressing mind, body, wallet, and life, and enhanced healthcare navigation through SmartSelect MD, providing personalized in-network provider recommendations. The platform also features a new Smart Savings Planner for financial recommendations. This release introduces 65 new features aimed at enhancing decision-making and driving business outcomes.