TriNet, a leading provider of HR solutions for small and medium-size businesses, has announced the appointment of Mala Murthy as its new Executive Vice President and Chief Financial Officer, effective November 28, 2025. Murthy, who was most recently the CFO of Teladoc Health, brings extensive financial leadership experience in technology-enabled service businesses to guide TriNet's financial strategy and growth.
Quick Intel
TriNet appoints Mala Murthy as its new EVP and Chief Financial Officer.
Murthy was most recently the CFO of Teladoc Health.
She previously held senior financial roles at American Express and PepsiCo.
She will succeed current CFO Kelly Tuminelli, who will become a special advisor.
Her experience includes leading finance for a $15+ billion business segment.
The appointment is effective from November 28, 2025.
A Seasoned Leader for a Pivotal Period
Murthy joins TriNet with a proven track record of setting corporate strategy, optimizing capital allocation, and building high-performing teams. Her background is particularly relevant to TriNet's market, with deep experience in technology-enabled services and a history of serving SMBs during her tenure at American Express. Mike Simonds, TriNet President and CEO, said: "Mala is an exceptional leader with extensive experience in technology enabled service businesses, including those serving SMBs. I am excited to partner with Mala in this pivotal period as we continue to significantly improve the foundation of our business and look forward to accelerating profitable growth for TriNet."
Acknowledging Leadership Transition
The announcement also includes a transition plan for the outgoing CFO. Kelly Tuminelli, who has served as TriNet's CFO for the past five years, will move into a special advisor role to the CEO until March 16, 2026. Simonds expressed gratitude for her leadership and dedication, noting she has been "a consistent and reliable voice to many of our key constituents" and a trusted partner.
Focusing on SMB Growth Opportunities
In her new role, Murthy is expected to help catalyze the growth opportunities available to TriNet in the dynamic HR solutions market. She highlighted the significant and growing needs of SMBs for HR, compliance, and benefits support, and the role of new technology in enabling better solutions. Commenting on her appointment, Murthy said: "I am truly energized to join TriNet's leadership team and help catalyze the considerable growth opportunities available to us."
This executive appointment signals TriNet's strategic intent to strengthen its leadership team with seasoned talent to navigate the competitive HR technology landscape and drive its next chapter of profitable expansion.
TriNet is a leading provider of Human Resources solutions for small and medium-size businesses, offering advanced technology-enabled services that include human capital expertise, employee benefits such as health insurance and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. Our long-term objective is to be the premier provider of HR services for a broad range of SMBs through industry leading benefits, sales distribution excellence, and a world class services delivery model.
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