WageWorks Appoints Carol Goode to Board of Directors

Human Resources Industry Leader Joins Board of Leading HSA and Consumer-Directed Benefits Company


SAN MATEO, Calif., April 09, 2019 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Health Savings Accounts (HSAs) and other Consumer-Directed Benefits, announced the appointment of Carol Goode to its Board of Directors.

“Carol’s extensive experience in HR leadership roles brings a unique client perspective, and we look forward to benefiting from her counsel, knowledge and enthusiasm about our industry,” said Stuart C. Harvey, Jr., Executive Chairman of WageWorks. “We are thrilled to welcome her to our Board as we look ahead to our next chapter of growth.”

Ms. Goode brings more than 35 years of diverse and distinguished experience to the Board. Most recently, she served as the Senior Vice President and Chief Human Resources Officer of Brocade Communications, a 6,000-person workforce spanning 40 countries. As Brocade's CHRO, Ms. Goode was instrumental in leading global, cross-functional teams through significant change, including seven acquisitions and eight divestitures.

“As we look to build upon our leadership position and provide more employers and their employees with our comprehensive product portfolio, Carol’s experience with large global Fortune 100 organizations will be invaluable to infusing new energy into our efforts,” said President and CEO Edgar Montes.

Prior to Brocade, she served as the Vice President of HR for Nortel's Product Development Group, where she grew the department from 800 to 3,000 team members in less than one year. Ms. Goode also held various HR leadership roles at OR Technology, Inc., Seagate Technology, DataQuest/Dun & Bradstreet and PPG Industries.

“I am honored to join the Board of Directors at WageWorks, a company whose leadership I admire,” said Carol Goode. “I look forward to working with the rest of the Board and talented management team to continue to execute on their vision for growth.”

Carol Goode currently serves as a human capital consultant and is an accomplished speaker and published author. Ms. Goode also co-authored three scientific research publications and holds an MBA from Duquesne University and a BS in Biology.

About WageWorks
WageWorks, Inc. (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.

Media Contact:
Elizabeth Anderson 
972.984.0800 
Elizabeth.Anderson@wageworks.com

Investor Contact:
Michael Smiley
650.577.5303
Michael.Smiley@wageworks.com