Zenefits CEO Parker Conrad News

Former Zenefits CEO Surrenders Insurance License Following California Enforcement

Parker Conrad has surrendered his insurance license for his alleged role in licensing compliance violations that occurred at Zenefits during his tenure as CEO, California Insurance Commissioner Dave Jones announced on Wednesday. It was the conclusion of an enforcement action …

Insurtech Zenefits, Co-Founder to Pay $1M for Misleading Investors

Silicon Valley business software startup Zenefits and its co-founder Parker Conrad have been fined nearly $1 million by the U.S. Securities and Exchange Commission as part of a settlement over charges that they misled investors. Zenefits will pay a $450,000 …

In New Approach, Zenefits to Offer Benefits Software to Insurance Brokers

Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business to provide software to insurance brokers. This marks the latest attempt by Zenefits to regain its footing after it was …

Ex-CEO of Zenefits Launches Competitor to Former Firm

The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud. …

Zenefits ‘Overly Optimistic’ in Revenue Projections

A lot has happened since Zenefits told investors last year that its already lofty projection for annual recurring revenue would more than triple by the end of 2016. The HR software maker saw its founding chief executive officer leave under …