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Welltok Welcomes New President and CFO to All-Star Executive Team

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Welltok Welcomes New President and CFO to All-Star Executive Team Jul 2014

Two Industry Veterans Brian Ancell and Linda Fenton Join Transformative Company

(Denver, CO) July 31, 2014 - Welltok, Inc. announces the addition of Brian Ancell as president and chief operating officer (COO) and Linda Fenton as chief financial officer (CFO) to its diverse and experienced leadership team.

“We have an ambitious vision of enabling every consumer, regardless of health status or benefits, to achieve their optimal health and get rewarded. We need a team of proven innovators to build this new market and accelerate our path to success,” said Jeff Margolis, chairman and CEO for Welltok. “Ancell’s industry expertise and operational acumen is critical to help us scale the company and continue on our growth trajectory. I’m also excited to bring Linda’s wealth of financial experience to the organization and know that she’ll provide the stability and discipline we need to aggressively fulfill our mission.”

Ancell brings more than 17 years of industry knowledge from Premera Blue Cross, a leading health plan in the Pacific Northwest, where he most recently served as executive vice president of health care services and strategic development. His leadership and strategic execution was instrumental in establishing Premera as one of the most successful and innovative health plans in the country. Among his many responsibilities, Ancell led the IT division’s integration and platform consolidation efforts, and oversaw the execution and launch of several mobile and web-based consumer engagement solutions. Prior to Premera, Ancell held senior consulting positions at Deloitte and PricewaterhouseCoopers.

““Welltok is creating a convergence between population health managers, consumers and the consumer health ecosystem in ways that have never been done before, which is extremely challenging and compelling,” said Ancell. “I’m excited to help deliver a groundbreaking platform that truly transforms the industry and motivates consumers to engage in healthy behaviors.”

Linda most recently served as a principal with SpringBoard Strategic Advisors, leading the healthcare consulting practice. She spent more than a decade in senior management positions at TriZetto Corp., including chief risk and compliance officer and interim CFO during a successful take-private transaction in 2008. Prior to TriZetto, Linda held executive positions at Interliance, a boutique consulting firm specializing in platform enablement, CalFed Bank and South Coast Home Healthcare, where she worked closely with government-sponsored healthcare plans.

“While working with Jeff at TriZetto, we introduced new technologies to systematize the administrative side of healthcare IT. I look forward to contributing to the industry again in a meaningful way by now focusing on the consumer,” said Fenton. “It’s really invigorating to be part of a game-changing company and help people live healthier, happier lives.”

Connect to both on LinkedIn: Brian Ancell and Linda Fenton.

About Welltok®, Inc.

Welltok, Inc., the pioneer in health optimization, is revolutionizing the way population health managers align consumer actions and behaviors with the right incentives and rewards. CaféWell, the company's groundbreaking Health Optimization Platform™, enables access to an organized ecosystem of programs and resources and drives engagement through a novel combination of social, gaming and personalization technologies. This unique approach, delivered via a Platform as a Service model, enhances revenue growth, increases administrative efficiency and drives improved healthcare value.

Media Contact

Erica Sniad Morgenstern
pr@welltok.com
650-906-7240

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