ORLANDO, Fla., Oct. 25, 2016 /PRNewswire/ -- PlanSource is pleased to announce that Michael Cooper has joined the company as Chief Financial Officer. Michael has more than 20 years of extensive experience in finance, mergers and acquisitions, technology development, health care, ecommerce, consumer engagement solutions and human capital and workforce management systems. As CFO, Michael leads the company's financial strategy while PlanSource redefines the benefits marketplace.
"I couldn't be more pleased to join PlanSource during this exciting time in its growth trajectory," said Michael Cooper. "The benefits technology marketplace is ripe for expansion, and PlanSource has the right mix of technological innovation, a deep partner network and energized culture to capitalize on it."
Prior to joining PlanSource, Michael served as a senior executive at Filtration Group and CFO at several transformative, high-growth companies such as Con-Air Industries, Empower Software Solutions, Connextions, and PSS World-Medical. Michael began his financial career at Ernst & Young.
Michael joins PlanSource during a time of rapid growth, highlighted by a 51% increase in annual recurring revenue in 2015, a $70 million capital infusion, numerous product innovations and increased customer adoption.
"Michael is a great addition to the PlanSource family," said Dayne Williams, CEO of PlanSource. "We are at a vital stage in our growth, poised to do great things, and Michael's background, experience and personal drive make him the ideal person to build on our successes and lead our financial strategy."
Michael earned his BS in accounting from Florida State University and an MBA from the University of North Florida. He also holds a CPA license in the State of Florida. Michael and his wife, Maria, have been married for twenty-one years and live in Orlando, Florida with their four children.
PlanSource is a technology company driven to create a better benefits and HR experience for employers and their employees. By offering flexible and intuitive software for benefits administration, insurance exchanges and human capital management, PlanSource's complete cloud-based technology helps nearly 10,000 employers and 3.5 million consumers with benefits shopping, enrollment, billing, compliance and administration. Learn more at www.plansource.com.