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Benefitfocus Inc (BNFT.OQ)

BNFT.OQ on NASDAQ Stock Exchange Global Market

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Summary

Name Age Since Current Position

Mason Holland

51 2000 Executive Chairman of the Board

Raymond August

54 2016 President, Chief Operating Officer

Shawn Jenkins

48 2015 Chief Executive Officer, Director

Jeffrey Laborde

44 2016 Principal Financial Officer, Principal Accounting Officer, Treasurer, Assistant Secretary

James Restivo

55 2016 Chief Technology Officer

Joseph DiSabato

48 2007 Director

Ann Lamont

59 2010 Director

A Napier

43 2014 Director

Douglas Dennerline

56 2014 Independent Director

Francis Pelzer

44 2013 Independent Director

Stephen Swad

53 2013 Independent Director

Michael Bauer

2015 Director - Investor Relations

Biographies

Name Description

Mason Holland

Mr. Mason R. Holland, Jr., is Executive Chairman of the Board of Benefitfocus, Inc., since June 2000. He is one of our founders, has been our Executive Chairman and a member of our board of directors since our founding in June 2000. Mr. Holland is responsible for the coordination of strategic partnerships with industry leaders and client relations and serves on the nominating and corporate governance committee of our board. Mr. Holland founded American Pensions, Inc. in 1988, serving as its Chairman and President from 1988 to 2003. Mr. Holland’s other ventures have included establishing Holland Properties, LLC, a real estate development firm, in 1989, and acquiring Eclipse Aerospace, Inc., a jet aircraft manufacturer, in May 2009, for which he serves as Chairman and Chief Executive Officer. Mr. Holland attended Old Dominion University in Norfolk, Virginia.

Raymond August

Mr. Raymond A. August serves as President, Chief Operating Officer of Benefitfocus, Inc. He was Principal Financial and Accounting Officer of the Company. He has served as our Chief Operating Officer since August 2014 and was promoted to the title of President and Chief Operating Officer in March 2015. Prior to joining Benefitfocus, Mr. August served as the General Manager of the Computer Sciences Corp., or CSC, Financial Services Group since October 2012. Prior to that, from March 2008 to September 2012, he served as CSC’s President of the Financial Services Group. Since July 2013 he has served as a member of the Executive Advisory council for Arthur Ventures Private Equity Fund. Mr. August earned a B.S. in Accounting and Management Science from the University of South Carolina and is a Certified Public Accountant.

Shawn Jenkins

Mr. Shawn A. Jenkins is Chief Executive Officer, Director of the Benefitfocus, Inc. He is one of our founders, has been Chief Executive Officer and a member of our board of directors since our founding in June 2000. He also served as our President until March 2015. Prior to founding Benefitfocus, from 1995 to 2000, he served as Vice President with American Pensions, Inc., leading sales, operations, and technology. From 1994 to 1995, Mr. Jenkins was a program analyst with Rockwell Automation, Inc. Mr. Jenkins serves on the Advisory Board for the School of Computing at Clemson University, Medical University of South Carolina Foundation Board of Directors, College of Charleston Board of Governors, and Charleston Southern University Board of Visitors. He previously served as Chairman of the Growing Forward Campaign for the Lowcountry Food Bank. Mr. Jenkins received an M.B.A. from Charleston Southern University and a B.A. from Geneva College in Beaver Falls, Pennsylvania.

Jeffrey Laborde

Mr. Jeffrey Laborde serves as Principal Financial Officer, Principal Accounting Officer, Treasurer, Assistant Secretary of the Company. Mr. Laborde brings to the Company extensive strategic and financial leadership experience in the technology sector. From June 2015 to July 2016, Mr. Laborde served as the Chief Financial Officer of Infor, Inc. From July 2012 to April 2015, he was the Chief Financial Officer of SumTotal Systems, LLC. Mr. Laborde served the Goldman, Sachs & Co. Technology, Media & Telecom Investment Banking Group as a Managing Director from December 2008 to June 2012 and as a Vice President in the same group from May 2006 to November 2008. Prior to that, Mr. Laborde was a Vice President in Credit Suisse First Boston’s Technology Investment Banking Group and an auditor for Arthur Andersen LLP in its Audit and Business Advisory – Enterprise Group. Mr. Laborde received his MBA from The Wharton School at the University of Pennsylvania and his BS in Commerce, Business Administration and Accounting from Washington and Lee University. Mr.

James Restivo

Mr. James Restivo is Chief Technology Officer of the company in January 2016. Prior to joining Benefitfocus, Mr. Restivo served as Vice President, Chief Technology Officer of Dodge Data & Analytics LLC beginning in February 2015. From December 2012 to September 2014, Mr. Restivo served as Vice President, Chief Technology Officer of Smarter Workforce at International Business Machines Corporation (“IBM”). Prior to that, beginning in October 2006, Mr. Restivo served as Chief Technology Officer of Kenexa Corporation where he managed global public Human Capital Management R&D, SaaS operations and information security before the company was purchased by IBM. Mr. Restivo received a B.S. in computer science, applied mathematics and statistics from Stony Brook University and an M.S. from the Massachusetts Institute of Technology in computer science.

Joseph DiSabato

Mr. Joseph P. DiSabato is Director of Benefitfocus, Inc., since February 2007. Mr. DiSabato has been a Managing Director in the Principal Investment Area at The Goldman Sachs Group, Merchant Banking Division, since 2000. Mr. DiSabato joined Goldman Sachs in 1988 and served as a Financial Analyst until 1991, re-joining as an Associate in 1994. He serves as a director of American Traffic Solutions, Inc., NEOS GeoSolutions Inc., The Endurance International Group, Inc., APT Software Holdings, Inc., and Backoffice Associates, LLC.

Ann Lamont

Ms. Ann H. Lamont is Director of Benefitfocus, Inc., since July 2010. Ms. Lamont has been with Oak Investment Partners, a multi-stage venture capital firm, since 1982, serving as a General Partner from 1986 to 2006 and as a Managing Partner since 2006. She currently leads the healthcare and financial services technology teams at Oak. Prior to joining Oak, Ms. Lamont served as a research associate with Hambrecht & Quist. Ms. Lamont serves on the boards of Acculynk, Inc., Castlight Health, Inc., FreshBooks, Independent Living Systems, LLC, Precision for Medicine Holdings, Inc., Radisphere National Radiology Group, Inc. and xG Health Solutions, Inc. Ms. Lamont is ranked the number one healthcare investor on the Forbes Midas List. Additionally, in March 2013, Ms. Lamont completed a five-year term on the Stanford University Board of Trustees.

A Napier

Mr. A. Lanham Napier has been appointed as Director of Benefitfocus, Inc. Lanham was formerly the Chief Executive Officer of Rackspace Hosting, Inc. (NYSE:RAX), the leading managed cloud company. At various times during his 14 years at Rackspace, he also served in other capacities at the company, including as its President, Chief Financial Officer, and member of its board of directors. Prior to that, Lanham was an analyst of Merrill Lynch & Co. He holds a B.A. in Economics from Rice University and an M.B.A. from Harvard University.

Douglas Dennerline

Mr. Douglas A. Dennerline is Independent Director of Benefitfocus, Inc. 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.

Francis Pelzer

Mr. Francis J. Pelzer, V, is Independent Director of Benefitfocus, Inc., since May 2013. He serves on the audit and compensation committees and is the chair of the audit committee. Since January 2015, Mr. Pelzer has served as Chief Financial Officer of the SAP SE Business Network, an application and analytics software company that includes three SaaS companies owned by SAP. From May 2010 to January 2015, Mr. Pelzer served as the Chief Financial Officer of Concur Technologies, Inc., a provider of web-based and mobile, integrated travel and expense management solutions. From 2004 to May 2010, Mr. Pelzer served as a director and Vice President in the Software Investment Banking group at Deutsche Bank. Prior to that, Mr. Pelzer was a Vice President with Credit Suisse First Boston and a management consultant with Kurt Salmon Associates. Mr. Pelzer serves on the board of directors of Limeade, Inc. and is the chairman of their audit committee.

Stephen Swad

Mr. Stephen M. Swad CPA., is Independent Director of Benefitfocus, Inc. He serves on the audit and compensation committees and is the chair of the compensation committee. From February 2012 until April 2015, Mr. Swad served as the President, Chief Executive Officer, and a director of Rosetta Stone Inc. (NYSE: RST), a publicly held language-learning software company. He was previously its Chief Financial Officer beginning in November 2010. Prior to joining Rosetta Stone, Mr. Swad served as the Executive Vice President and Chief Financial Officer of Comverse Technology, Inc., beginning in May 2009. Prior to that, he served as Executive Vice President and Chief Financial Officer of Federal National Mortgage Association (Fannie Mae) (NASDAQ: FNMA) from May 2007 until August 2008. He has also held various senior financial management positions with public companies, including AOL LLC (NYSE: AOL) and Time Warner Inc. (NYSE: TWC) and its subsidiaries. Mr. Swad, a former partner of KPMG LLP, has also served as a Deputy Chief Accountant at the SEC. He served on the board of Eloqua, Inc. from August of 2011 until February 2013, including between August 2012 through February 2013 during which it was a publicly held company.

Michael Bauer