WageWorks Names Kathleen McElwee Chief Financial Officer.SAN MATEO, Calif. -- WageWorks(R), a provider of consumer-driven tax-advantaged spending accounts for health care, dependent care and commuter benefits, today announced the appointment of Kathleen McElwee as chief financial officer, effective immediately. McElwee oversees WageWorks' financial operations and supports the company's strategy of sustained, profitable growth. McElwee has more than 25 years of financial experience in the software and consumer-product industries, including experience managing high-volume transaction processing environments. She joins WageWorks from VA Software, a publicly-held online media, software and e-commerce leader based in Fremont, CA, where she served as chief financial officer since 2002. While at VA Software, McElwee lead a team responsible for accounting, investor relations Investor relations The process by which the corporation communicates with its investors. , financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , human resources, legal and information technology. McElwee also served as chief financial officer at 3DO Company in Redwood City, CA, Lightspan, Inc. in San Diego, CA, Galoob Toys, Inc. in South San Francisco South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , CA, and Canteen Corporation in Spartanburg, SC. She has also held finance positions at Nissan Motor Corporation, Dun & Bradstreet and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation. "Kathy brings an impressive range of expertise to WageWorks, including acquisition integration, raising investment capital, and streamlining financial operations," said Jon Kessler, chairman and chief executive officer of WageWorks. "This addition to our team reflects WageWorks' ability to attract top talent, and we are delighted to have her here." McElwee received her MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Wharton School of Business at the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. and her Bachelor of Arts in Accounting from Penn State University. About WageWorks Established in 2000, WageWorks is the nation's leading provider of tax advantaged consumer spending and savings programs, including flexible spending accounts flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are , health savings accounts, health reimbursement arrangements, commuter benefits and COBRA. The unique delivery platform features online tools and provides the flexibility to work with any combination of health insurance carrier or financial institution. WageWorks' debit cards compliment the delivery platform to provide complete integration of all health account activity to ensure ease of use and ready access to employee or employer contributions. Many of America's largest employers and millions of their benefits-eligible employees seeking to save money and make smart choices about their health care, dependent care, and commuter expenses use WageWorks. WageWorks is headquartered in San Mateo, Calif., with offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago, Washington, D.C., Phoenix, Ariz., Mequon, Wis., and Troy, Mich. For more information, please visit www.wageworks.com, e-mail WageWorks at info@wageworks.com or call 650-577-5200. |
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