Laborde brings to Benefitfocus more than 20 years of leadership in technology, finance and investment banking.
Charleston, S.C. – Sept. 19, 2016 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits management software, today announced that Jeffrey Laborde has been appointed chief financial officer, effective Sept. 15, 2016. Laborde brings to Benefitfocus extensive strategic and financial leadership experience in the technology sector.
“We’re pleased to welcome Jeff to the executive team,” said Benefitfocus Chief Executive Officer Shawn Jenkins. “His demonstrated leadership in the technology sector and extensive experience leading high-performing teams will be instrumental in supporting our rapid growth.”
Laborde has previously served as chief financial officer at both Infor, Inc., a leading enterprise resource planning software vendor, and SumTotal Systems, a leading human capital management software provider. Prior to SumTotal, Laborde served as a managing director in the San Francisco office of Goldman, Sachs & Co. in its Technology, Media & Telecom Group. Laborde has also led teams for Credit Suisse First Boston’s Technology Group and prior to that, was staff and senior auditor of Arthur Andersen LLP’s Audit and Business Advisory – Enterprise Group. He holds an MBA from the Wharton School of the University of Pennsylvania and a B.S. in Commerce, Business Administration and Accounting from Washington and Lee University.
“I’m excited to join Benefitfocus during this period of rapid growth in an industry with which I’m intimately familiar,” said Laborde. “The company is leading the transition of benefits management to the cloud by providing insurance companies and leading employers with the platform they need to engage employees and reign in health care costs. I’m eager to contribute to this mission along with the rest of the executive team.”
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