Welltok Appoints Seasoned CFO to Take Company Through Next Growth Phase

Chris Power Brings Extensive Experience and Leadership as Private and Public CFO

DENVER – September 19, 2017 – Welltok, the leading consumer health enterprise Software as a Service (SaaS) company, today announced that Chris Power joined the company as its new chief financial officer (CFO). Power brings extensive expertise leading the financial operations of high-growth companies. He will be responsible for guiding Welltok’s continued growth, driving margin expansion and profitability, and leading a world-class finance department.

“Chris is an exceptional leader who brings tremendous financial depth and operating know-how to our fast-growing organization,” said Jeff Margolis, chairman and CEO of Welltok. “Creating the industry’s leading enterprise consumer health platform, which enables all types of population health managers to partner with consumers at a personal level, is no small undertaking. We welcome a skilled and passionate financial executive to successfully guide us through our next phase of growth.”

Power is a highly-accomplished CFO with over 25 years of financial, strategic and operational leadership. He has an outstanding track record driving profitable growth at numerous private and public companies. Power most recently served as CFO of Paycor, a leading human capital management SaaS company. He was also previously CFO of LifeLock, where he led the company’s IPO and helped quadruple its revenue. Additionally, Power served as CFO and in other senior executive roles at other notable technology companies, including Salary.com, Monster Worldwide and Nortel Networks.

“I’m passionate about the power of big data and SaaS to transform the healthcare industry,” said Power. “Welltok has a growing and diverse client base, unparalleled technology and services, and an impressive organic and inorganic growth strategy. I look forward to not only helping the organization prepare for the future but also serving our customers as they strive to help healthcare consumers achieve and sustain their optimal health.”

Power’s appointment comes on the heels of Welltok’s recognition on the Inc. 5000 list of the nation’s fastest growing private companies for the third consecutive year, moving up to #278 with a 1,576% growth rate. Power will be based out of the company’s headquarters in Denver, Colorado.

About Welltok

Welltok, the leading consumer health enterprise Software as a Service company, is on a mission to empower consumers to achieve their optimal health. Its award-winning CaféWell Health Optimization Platform connects consumers with available and relevant benefits, resources and rewards by designing personalized action plans. Additionally, the company’s technology-enabled services leverage both advanced analytics to derive meaningful consumer insights and multi-channel communications to reach consumers through the right channel with the right message. Welltok drives greater consumer engagement and healthcare value for customers across the healthcare continuum including payers, employers, government programs (Medicare and Medicaid) and providers. Follow Welltok on Twitter @Welltok.

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Welltok is an award-winning consumer activation solutions company that improves people’s total wellbeing. Only Welltok leverages proprietary data and advanced analytics to engage consumers in personalized and rewarding ways to drive action. Our solutions integrate data-driven SaaS software, curated resources and professional services to help health plans, self-funded employers and health systems support healthier, happier populations.

Welltok is an equal opportunity employer.