Alegeus Announces Karen Thomas As Chief Growth Officer

Waltham, MA — March 27, 2020 — Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced it has named Karen Thomas as Chief Growth Officer, effective immediately. Thomas is a seasoned technology executive who has consistently delivered transformational results and profitable revenue growth.

Throughout her nearly 30-year career, Thomas has proven to be a strategic thinker and powerful change agent, leading go-to-market plans, increasing overall sales productivity and efficiency, and delivering predictable and profitable revenue performance. In her new role, she will ensure that go-to-market processes and resources align to deliver winning outcomes for both Alegeus and its clients.

“We are thrilled to have Karen join the Alegeus family,” said Steven Auerbach, Alegeus CEO. “Karen brings a client-centric approach and proven strengths in value creation, process improvement and team development that will be invaluable as she helps Alegeus continue on its path of exponential growth.”

“I am excited to join a company with such a strong market leadership position, innovative solutions, and already-impressive growth trajectory,” Thomas said. “I look forward to bringing new perspectives that will help Alegeus continue to outpace the market in growth and deliver exceptional outcomes for its clients.”

Previously, Thomas served in sales leadership positions at industry-leading technology and payments companies such as Teradata and NCR. She holds an Honors Bachelor of Business Administration from Wilfrid Laurier University.

About Alegeus

Alegeus is the market leader in consumer-directed healthcare solutions, offering an industry-leading benefits platform, benefit debit card and mobile app that are transforming the way people navigate the U.S. healthcare system. Our next-generation technology simplifies the administration of healthcare benefit accounts (including FSAs, HSAs, HRAs, wellness incentive, dependent care and commuter accounts), and uses data-driven insights to guide consumers to the right coverage, care and savings strategies. More than 350 Alegeus clients – including health insurance plans and third-party administrators – leverage our deep expertise and proven technology to administer benefit accounts for more than 30 million members and to process more than $9.1 billion in consumer healthcare payments annually. As the healthcare and benefit markets continue to evolve, Alegeus delivers solutions that enable clients to evolve their service offerings, operate their businesses more efficiently, and lead consumers to better health and financial decisions. The company is headquartered in Waltham, MA with operations in Orlando, FL and Milwaukee, WI.

Contact:

Jennifer Irwin
Alegeus
414-699-5927
jennifer.irwin@alegeus.com

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