Alight CEO Stephan Scholl To Step Down, Names Dave Guilmette As Vice Chair As The Board Begins Search For Successor
Portfolio Pulse from Benzinga Newsdesk
Alight CEO Stephan Scholl will step down after a successor is named, with Dave Guilmette appointed as Vice Chair. The Board is actively searching for a new CEO following the sale of Payroll & Professional Services.
August 06, 2024 | 11:53 am
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Alight CEO Stephan Scholl will step down after a successor is named, with Dave Guilmette appointed as Vice Chair. The Board is actively searching for a new CEO following the sale of Payroll & Professional Services.
The announcement of a CEO stepping down can create uncertainty, but the planned transition and recent divestiture position the company for future growth. The impact on stock price is likely neutral in the short term as the market digests the news.
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IMPORTANCE 80
RELEVANCE 100