Washington Post Publisher Will Lewis Steps Down After Layoffs 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SAN MATEO, Calif., Aug. 23, 2017 -- WageWorks, Inc. (NYSE: WAGE), a leading provider of consumer-directed benefit programs in the United States, celebrated its fifth anniversary since the company’s successful IPO on Tuesday, August 22, 2017 with the ringing of the closing bell of the New York Stock Exchange. Chairman and CEO, Joseph L. Jackson was joined by members of the company’s board of directors and senior management team to celebrate the occasion.
WageWorks administers Consumer-Directed Benefits, empowering employees to save money on taxes and also providing corporate tax advantages for employers. Its services include Flexible Spending Accounts, Health Savings Accounts and other employee benefits.
“Since being listed on the New York Stock Exchange five years ago, WageWorks has outperformed all of our industry competitors by executing on all fronts,” Joseph L. Jackson said. “By enhancing the quality of client service, delivering product innovations to improve the customer experience and continuing to break sales records, WageWorks has become the industry leader in administering Consumer-Directed Benefits. As a result of these achievements, investors have witnessed strong appreciation in the value of our stock.” WageWorks’ share price has increased by over 500 percent since the company’s initial public offering of 6,500,000 shares of common stock on the New York Stock Exchange in May of 2012.
Watch Joseph L. Jackson and members of WageWorks’ board of directors and senior management team ringing the closing bell here.
About WageWorks
WageWorks (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks makes it easier to understand and take advantage of Consumer-Directed Benefits for more than 100,000 employers and approximately 6.5 million people. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.
Media Contacts: Elizabeth Anderson VP, Corporate Communications 972-984-0800 [email protected] J.D. Whittenburg Director, Corporate Communications 214-596-2139 [email protected]
