{"id":494590,"date":"2021-05-17T16:23:27","date_gmt":"2021-05-17T20:23:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/"},"modified":"2021-05-17T16:23:27","modified_gmt":"2021-05-17T20:23:27","slug":"benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/","title":{"rendered":"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">CHARLESTON, S.C., May  17, 2021  (GLOBE NEWSWIRE) &#8212; Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, announces that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2021 annual meeting of stockholders. Benefitfocus also commenced mailing the proxy materials to stockholders today.<\/p>\n<p>The Benefitfocus 2021 annual meeting of stockholders is scheduled to take place on June 30, 2021 at 10:00 am EDT at the company\u2019s headquarters in Charleston, South Carolina. Stockholders of record as of the close of business on May 10, 2021 will be entitled to vote at the annual meeting.<\/p>\n<p>\u201cWe believe Benefitfocus is a strong company, with the right leadership, team and strategy for growth and value creation,\u201d said Doug Dennerline, incoming independent chairman of the Benefitfocus board. \u201cWe have engaged with many Benefitfocus stockholders over the past year and value the feedback we have received. Importantly, we have taken steps to significantly enhance the company\u2019s governance profile, diversify the Board, and strengthen the management team. We are confident that Benefitfocus is poised for sustainable growth and success.\u201d<\/p>\n<p>Dennerline added, \u201cWe have spent considerable time engaging with Indaba, a Benefitfocus debtholder and stockholder. We are pleased that Indaba has withdrawn its director nominations, and we will continue our efforts to constructively engage with Indaba and our other shareholders.\u201d<\/p>\n<p>The Benefitfocus board of directors unanimously recommends that Benefitfocus stockholders vote \u201cFOR\u201d the incumbent directors, and \u201cFOR\u201d all proposals submitted at the annual meeting, including the proposal to declassify the board and provide for the annual election of directors.<\/p>\n<p>Benefitfocus stockholders who need assistance in completing the proxy card or voting instruction form or have questions regarding the Benefitfocus annual meeting may contact the company\u2019s proxy solicitors:<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:15%;width:15%;min-width:15%\">\u00a0<\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%;text-align: center;vertical-align: middle;border-right: double black 3pt;border-left: double 15px 3pt;border-top: double black 3pt\">If you have any questions or need assistance<br \/>voting your white proxy card, please contact:<\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;border-right: double black 3pt;border-left: double 15px 3pt\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;border-right: double black 3pt;border-left: double 15px 3pt\">\n            <strong>Okapi Partners<br \/><\/strong>1212 Avenue of the Americas, 24th Floor<br \/>New York, NY 10036<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;border-right: double black 3pt;border-left: double 15px 3pt\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;border-right: double black 3pt;border-left: double 15px 3pt;border-bottom: double 15px 3pt\">Telephone for Banks, Brokers and International Shareholders: +1 212-297-0720<br \/>Shareholders may call toll-free (from the U.S. and Canada): 877-629-6355<br \/>Email: <a href=\"mailto:info@okapipartners.com\" rel=\"nofollow noopener\" target=\"_blank\">info@okapipartners.com<\/a><\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>Additional information about the annual meeting and the meeting materials can be found on the investor relations section of the company\u2019s website.<\/p>\n<p>\n        <strong>About\u00a0Benefitfocus<\/strong>\u00a0<br \/>Benefitfocus\u00a0(NASDAQ: BNFT) unifies the entire benefits industry through innovative technology solutions that bring efficiency, cost savings and simplicity to employee benefits administration. Our powerful cloud-based software, data-driven insights and thoughtfully\u00a0designed services help employers, insurance brokers, health plans\u202fand suppliers\u202faddress the complexity of benefits enrollment and engagement, while bringing easier access to health, wealth and lifestyle products through\u00a0a world-class benefits experience.\u00a0Our mission is simple: to improve lives with benefits.\u00a0Learn more at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CaCC4QIO2Q-UR4VGPGcJ7rSjg8-ehC6wcNI0jpYGYebb82HgDntppBp6E5sVQHjDkewg2ssReYF7CBgSst-6SZw79hjBssoYnS3nU_w0C9LJwCeE060ZVw6hmiAPRawFWhNQ9hNQ3YcAqEjmDPZeP_eJgHbXZBWnkI5dD2FIEjnbpC8XhLNOwagZaAHsVYoMtgPbQ8b7vx0IHIIoS1dHCA==\" rel=\"nofollow noopener\" target=\"_blank\">www.benefitfocus.com<\/a>,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GZcSPXtb8Gjrnnoo5JS7KlHUJzfiYU5T3e7iXDvJG7z0zvo6-4UY4mwVoyhh-PPxWGRoK3x0f3qXtMx9iONHSP7BKLgH6Gnpn970hoaO8gw=\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a>\u00a0and\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UbfA0ur4jcg0Dvu2UVlC9upc-wFATX8jCmVtVw9wVXcVH7JqeIo9pGwg3Hld4Z2SIECrY4hxRzwpUXiGR-uaBw==\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <em>DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS<\/em><br \/>\n        <\/strong><br \/>\n        <br \/>\n        <em>Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to maintain our culture and recruit, integrate and retain qualified personnel, including on our board of directors; our ability to compete effectively;\u00a0the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; the immature and volatile nature of the market for our products and services; privacy; security and other risks associated with our business; management of growth;\u00a0volatility and uncertainty in the global economy and financial markets in light of the evolving COVID-19 pandemic; and the other risk factors set forth from time to time in our\u00a0SEC\u00a0filings, copies of which are available free of charge within the Investor Relations section of the\u00a0Benefitfocus\u00a0website at\u00a0<\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JIHyo-rpBMmyk7NLXuyojkg5GJ68PynWiH7BHCP7zMBRgGEpEGuATw_duh2jRkJ2mj4f_lrwG5mqPa3rOICem-UDFQaX8Sc8A1tOMHrL4Px389lWX7HMcywiykLVs8m9bKxkonqRKXl-5qqLAKJnHA==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <em>http:\/\/investor.benefitfocus.com\/sec-filings<\/em><br \/>\n        <\/a><br \/>\n        <em>\u00a0or upon request from our Investor Relations Department.\u00a0Benefitfocus\u00a0assumes no obligation and does not intend to update these forward-looking statements, except as required by law.<\/em>\n      <\/p>\n<p>\n        <strong>Important Additional Information and Where to Find It<\/strong><br \/>\n        <br \/>The company has filed with the SEC a definitive proxy statement (the \u201cProxy Statement\u201d) and associated white proxy card in connection with the solicitation of proxies from the company\u2019s stockholders for the company\u2019s 2021 annual meeting of stockholders (the \u201cAnnual Meeting\u201d). Details concerning the nominees of the Company\u2019s board of directors for election at the Annual Meeting are included in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE COMPANY FILES WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and stockholders may obtain a copy of the Proxy Statement, an accompanying white proxy card, any amendments or supplements to the Proxy Statement and other documents filed by the company with the SEC at no charge from the SEC\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KHyxiu-tk-Agq-AbFe3L-kgLS8Iyl1Mr50nqTu841aFze8b1PqQJV8qYAFzXpM_G4gOFxMHOjTCo3NBx98doaQ==\" rel=\"nofollow noopener\" target=\"_blank\">www.sec.gov<\/a>. Copies will also be available at no charge in the Investor Relations section of the Benefitfocus website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JIHyo-rpBMmyk7NLXuyojkg5GJ68PynWiH7BHCP7zMBRgGEpEGuATw_duh2jRkJ2i81ZmHarVqkk4cSy7rdxRKDwdfAbiLh90fAlSK2J94HbxK3--x6G7Qiphb2FPN-f6Uou6Xq4W6DRcvOK49VEAA==\" rel=\"nofollow noopener\" target=\"_blank\"><em>http:\/\/investor.benefitfocus.com\/sec-filings<\/em><\/a> or by contacting the company\u2019s Investor Relations Department at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vD9rg3nBW-wRbojpxfH-h-uwZ32Zi516m9WclNpWOV5yc_nTsDLEbCnayNbJp57s8BDJ9eqpseDR5DT3X4AGYPGXkmT-symchZQYoGelFpY=\" rel=\"nofollow noopener\" target=\"_blank\">ir@benefitfocus.com<\/a>, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.<\/p>\n<p>Benefitfocus, Inc.<br \/>843-981-8898<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZQqup3SiM98Ol13M_uHK-Pn-NpemGfS3vhXPEpVrZ0jsjMZtL0HszmI-d5vZFCNaugWmafHqCSfEnidbWZrDfnIC4aV792cP7vCKt9210A8=\" rel=\"nofollow noopener\" target=\"_blank\">pr@benefitfocus.com<\/a><\/p>\n<p>Investor Relations:<br \/>Patti Leahy<br \/>843-981-8899<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vD9rg3nBW-wRbojpxfH-h3nlmM4gmWAf8S4N1nI5IO214zdc-kE5NJTH76DrdVDAWThxExRkCSYIgQ9YGONTo9YOY7rwf8VNbtGtF27LnWU=\" rel=\"nofollow noopener\" target=\"_blank\">ir@benefitfocus.com<\/a>\u00a0 \u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzODAyNSM0MTg3NjkxIzIwMjczOTA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e00f73df-f7ea-4c37-a345-0d93450e5141\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHARLESTON, S.C., May 17, 2021 (GLOBE NEWSWIRE) &#8212; Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, announces that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2021 annual meeting of stockholders. Benefitfocus also commenced mailing the proxy materials to stockholders today. The Benefitfocus 2021 annual meeting of stockholders is scheduled to take place on June 30, 2021 at 10:00 am EDT at the company\u2019s headquarters in Charleston, South Carolina. Stockholders of record as of the close of business on May 10, 2021 will be entitled to vote at the annual meeting. \u201cWe believe Benefitfocus is a strong company, with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494590","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLESTON, S.C., May 17, 2021 (GLOBE NEWSWIRE) &#8212; Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, announces that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2021 annual meeting of stockholders. Benefitfocus also commenced mailing the proxy materials to stockholders today. The Benefitfocus 2021 annual meeting of stockholders is scheduled to take place on June 30, 2021 at 10:00 am EDT at the company\u2019s headquarters in Charleston, South Carolina. Stockholders of record as of the close of business on May 10, 2021 will be entitled to vote at the annual meeting. \u201cWe believe Benefitfocus is a strong company, with &hellip; Continue reading &quot;Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-17T20:23:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzODAyNSM0MTg3NjkxIzIwMjczOTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders\",\"datePublished\":\"2021-05-17T20:23:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/\"},\"wordCount\":899,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIzODAyNSM0MTg3NjkxIzIwMjczOTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\\\/\",\"name\":\"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/","og_locale":"en_US","og_type":"article","og_title":"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders - Market Newsdesk","og_description":"CHARLESTON, S.C., May 17, 2021 (GLOBE NEWSWIRE) &#8212; Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, announces that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2021 annual meeting of stockholders. Benefitfocus also commenced mailing the proxy materials to stockholders today. The Benefitfocus 2021 annual meeting of stockholders is scheduled to take place on June 30, 2021 at 10:00 am EDT at the company\u2019s headquarters in Charleston, South Carolina. Stockholders of record as of the close of business on May 10, 2021 will be entitled to vote at the annual meeting. \u201cWe believe Benefitfocus is a strong company, with &hellip; Continue reading \"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-17T20:23:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzODAyNSM0MTg3NjkxIzIwMjczOTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders","datePublished":"2021-05-17T20:23:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/"},"wordCount":899,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIzODAyNSM0MTg3NjkxIzIwMjczOTA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/benefitfocus-files-definitive-proxy-materials-and-sets-date-for-2021-annual-meeting-of-stockholders\/","name":"Benefitfocus Files Definitive Proxy Materials and Sets Date for 2021 Annual Meeting of Stockholders - 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