CHICAGO–(BUSINESS WIRE)–bswift, a number one supplier of advantages expertise and companies, introduced as we speak that Ted Bloomberg has joined the corporate as its Chief Govt Officer. Ted’s appointment displays the corporate’s continued dedication and deal with delivering best-in-class service and product innovation to bswift’s companions and clients.
“Ted is a seasoned well being care supply govt and brings the proper mix of well being, advantages, innovation and management expertise to steer bswift and deal with clients’ wants,” mentioned Justin Chen, Accomplice at Francisco Companions. “This can be a transformational second for the corporate, and we’re thrilled to have Ted on board to drive the following chapter of progress for bswift.”
Ted, who most lately served as COO of HealthEquity, brings 25 years of management expertise and govt administration in expertise corporations. Throughout his tenure, HealthEquity delivered spectacular natural progress whereas additionally buying and integrating a number of corporations. Previous to HealthEquity, Ted held govt roles at The Mutual Fund Retailer, Monetary Engines and TD Ameritrade. Ted is a graduate of Cornell College with a level in Industrial and Labor Relations.
“I’m very excited for the chance to steer this distinctive group of devoted, passionate and gifted professionals. bswift’s services are essential to our channel companions, clients, and the broader HR and well being care ecosystems. I’m honored to work alongside my colleagues to proceed disrupting the advantages expertise market by means of our service, new merchandise, strategic partnerships and funding in advantages experience,” mentioned Ted.
Jin Oak Ha, prior CEO of bswift, will stay as a frontrunner inside CVS Well being. Ted mentioned, “Jin Oak has been instrumental in bswift’s evolution, and we thank her for her management and dedication. Her ardour for driving operational enhancements and delivering a complete expertise technique has ensured that bswift is on a strong basis for the longer term.”
Francisco Companions’ progress funding and acquisition of bswift from CVS Well being closed in November 2022.
About bswift
bswift helps clients change the way in which their staff understand and interact with their advantages by means of a confirmed mix of adaptive expertise, service excellence, and compassionate service. Their intuitive, customized enrollment expertise conjures up confidence and connects staff to the assets they should obtain their private ambitions. Partnering with enterprises nationwide and serving hundreds of thousands of staff, bswift presents cloud-based expertise and companies for on-line enrollment, interactive resolution assist, ACA compliance reporting and worker engagement. For extra data on bswift, please go to www.bswift.com.
About Francisco Companions
Francisco Companions is a number one international funding agency that focuses on partnering with expertise and technology-enabled companies. Since its launch over 20 years in the past, Francisco Companions has invested in over 400 expertise corporations, making it one of the vital energetic and longstanding buyers within the expertise business. With roughly $45 billion in capital raised so far, the agency invests in alternatives the place its deep sectoral data and operational experience may also help corporations notice their full potential. For extra data on Francisco Companions, please go to www.franciscopartners.com.
