Alight Solutions (ALIT) has announced Rohit Verma as its incoming chief executive officer, with the transition set to begin in January 2026. The leadership change underscores the company’s focus on long-term strategic continuity in the HR technology sector.
- Rohit Verma to become CEO of Alight (ALIT) effective January 1, 2026
- Current CEO Greg Clark to step down after eight years of leadership
- Alight reported $987 million in revenue for fiscal 2024 with 89% recurring revenue
- Verma’s prior role included leading a $2.3 billion SaaS portfolio at a Fortune 500 company
- Company aims for 18% increase in new client acquisitions and 12% improvement in customer retention by 2026
- HR tech market projected to grow at 10.2% CAGR through 2030
Alight Solutions (ALIT) has formally named Rohit Verma as its next chief executive officer, effective January 1, 2026. The appointment follows the planned departure of current CEO Greg Clark, who has led the company since 2017 and played a central role in its transformation from a legacy benefits provider to a digital-first HR technology platform. Verma brings over two decades of experience in enterprise software and cloud operations, most recently serving as president of global technology at a Fortune 500 firm, where he oversaw a $2.3 billion annual SaaS portfolio. The move signals a strategic pivot toward scaling Alight’s cloud-based HR solutions amid increasing demand for integrated workforce management platforms. With the company reporting $987 million in revenue for fiscal 2024 and a recurring revenue base accounting for 89% of total income, leadership stability is critical as Alight expands its footprint in North America and Europe. Verma’s appointment comes at a time when the HR tech market is projected to grow at a 10.2% CAGR through 2030, according to public industry data. Investors are closely monitoring the transition, particularly given the company’s recent share price performance—ALIT closed at $28.45 on December 8, 2025, reflecting a 6.3% year-to-date decline amid broader tech sector volatility. The leadership handover is expected to influence investor sentiment, especially in relation to execution of Alight’s 2026 growth targets, including a projected 18% increase in new client acquisitions and a 12% improvement in customer retention rates. The announcement has prompted reassessments across the HR technology landscape, with analysts noting that Verma’s background in digital transformation and operational scalability could strengthen Alight’s competitive positioning against peers such as Workday (WDAY) and ADP (ADP). The board emphasized that the transition is part of a structured succession plan designed to ensure minimal disruption to ongoing initiatives.