SEATTLE, Jan. 27, 2021 /PRNewswire/
-- Accolade (Nasdaq: ACCD), which provides
personalized, technology-enabled solutions that help people better
understand, navigate and utilize the healthcare system and their
workplace benefits, today announced Cindy
R. Kent, current executive vice president and president of
Brookdale Senior Living and former president and general manager of
the 3M Infection Prevention Division,
is joining its board of directors, effective immediately.
"We are thrilled to have Cindy
Kent join our board of directors. Her extensive experience
in leading healthcare and business operations will enrich our board
and provide actionable insight for our management team," says
Rajeev Singh, Accolade CEO.
"Cindy is a widely respected business leader and her
experiences and background will complement our board as Accolade
continues to grow and scale our services for new members and
markets."
As an industry veteran in healthcare, Kent is the current
executive vice president and president of Brookdale Senior Living,
America's largest senior living company with 700+ facilities across
the U.S. Brookdale is a $4.1B
revenue business. Kent oversees day-to-day operations of
senior living with responsibility for revenue and profitability
growth. Prior to Brookdale, Kent oversaw the Infection Prevention
Division at 3M, responsible for the
$1.7B global business operations in
60 countries and sales in 170 countries. Kent's management
responsibility included clinical, research and development, supply
chain operations and commercial functions globally.
"I believe that Accolade is well positioned to have a
transformative impact on healthcare and I am thrilled to join this
esteemed board of directors and highly capable management team in
this aim," says Kent.
Kent has been recognized by many outstanding organizations and
publications for her pursuit of excellence, leadership capabilities
and strategic thinking, including: Savoy Magazine's "Most
Influential Black Executives in Corporate America," 2020; Black
Enterprise Magazine's "Top 100 Most Powerful Women in Business"
2017; "Top 35 Women Leaders in Healthcare" by the Women's Health
Leadership TRUST in 2014. She is a Henry Crown Fellow of The Aspen
Institute.
Executive board leadership positions include Best Buy Co.'s
Board of Directors, 2018 to 2020. She currently sits on the Board
of Trust at Vanderbilt University.
Additional changes to Accolade's Board of Directors include the
departures of Michael Yang, managing
partner at OMERS Ventures, and Jim
Madden, co-founder and managing director of Carrick Capital
Partners.
"Both Michael Yang and Jim Madden
have had a profound impact on Accolade," says Singh. "I want to
thank them for the incredible service and counsel they have
provided as Accolade grew from a startup to a public company and
established a new category of solutions on the healthcare
landscape."
About Accolade
Accolade provides personalized health and benefits solutions
designed to empower every person to live their healthiest life.
Using a blend of cloud-based technologies, specialized support from
Accolade Health Assistants® and Clinicians, and integrated data and
programs across mobile, online and phone, Accolade navigates people
through the healthcare system with trust, empathy and ease.
Employers offer Accolade to employees and their families as the
single place to turn for all health, healthcare, and benefits
questions or concerns, increasing their engagement in benefits and
connecting them to high-quality providers and care. By empowering
members to make better decisions about their health, Accolade can
support members in lowering the cost and complexity of healthcare
while achieving consumer satisfaction ratings over 90 percent and
an NPS of 60. For more information, visit Accolade
on Twitter, Facebook, LinkedIn and
at www.accolade.com
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and the Private Securities Litigation Reform Act of 1995, as
amended. These forward-looking statements include statements
regarding our future growth and our financial outlook.
Forward-looking statements are subject to risks and uncertainties
and are based on potentially inaccurate assumptions that could
cause actual results to differ materially from those expected or
implied by the forward-looking statements. Actual results may
differ materially from the results predicted, and reported results
should not be considered as an indication of future
performance. In some cases, you can identify forward-looking
statements because they contain words such as "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend,"
"may," "might," "likely," "plan," "potential," "predict,"
"project," "seek," "should," "target," "will," "would," or similar
expressions and the negatives of those terms.
Important risks and uncertainties that could cause our actual
results and financial condition to differ materially from those
indicated in the forward-looking statements include, among others,
the following: (i) changes in laws and regulations applicable to
our business model; (ii) changes in market or industry conditions,
regulatory environment and receptivity to our technology and
services; (iii) results of litigation or a security incident; (iv)
the loss of one or more key customers or partners; (v) the impact
of COVID-19 on our business and results of operation; and (vi)
changes to our abilities to recruit and retain qualified team
members. For a detailed discussion of the risk factors that could
affect our actual results, please refer to the risk factors
identified in our SEC reports, including, but not limited to our
prospectuses filed with the SEC on July 1,
2020 and October 19, 2020,
respectively, and our Quarterly Reports filed on Form 10-Q.
All information provided in this release and in the attachments is
as of the date hereof, and we undertake no duty to update or revise
this information unless required by law.
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SOURCE Accolade