March 9, 2015

TriNet Appoints Craig Flower as Chief Technology Officer and Sateesh Chilukuri as Vice President of Software Development

Taps Experienced Technology Executives to Fuel Innovation and Growth.

SAN LEANDRO, Calif. – March 3, 2015 – TriNet (NYSE: TNET), a leading cloud-based provider of HR solutions, today announced the appointment of two key technology executives to drive continued innovation and scale for its software products and technology infrastructure. The high profile additions to the leadership team underscore TriNet’s dedication to providing small and medium-sized businesses with unrivaled and industry-leading technology solutions.

Craig Flower joins TriNet as chief technology officer, while Sateesh Chilukuri is taking on the role of vice president of software development. Both executives will concentrate on further enhancing the client experience by advancing TriNet’s leading HR technology. TriNet’s unique HR productivity solutions enable small and medium-sized companies to focus their time on advancing their businesses, rather than on onerous HR tasks.

Prior to TriNet, Flower worked in management positions for nearly two decades at Hewlett-Packard, most recently as senior vice president and chief information officer. He managed thousands of geographically dispersed colleagues and successfully delivered high value technology that benefited customers and business performance. Flower holds a Bachelor of Science in Mathematical and Computational Science from Stanford University.

Chilukuri is an award-winning leader who held executive roles in product development and engineering for leading technology companies, most recently at Lithium and prior to that at Intuit, where he worked for more than 10 years. He holds a Master’s degree in Computer Science from the University of Alabama in Huntsville and a Bachelor’s degree in Mechanical Engineering from Manipal Institute of Technology in Manipal, India.

 

Supporting Quotes:

Burton M. Goldfield, President and CEO, TriNet

“TriNet’s clients are innovative, cutting-edge and constantly advancing. As their HR partner, it is our imperative to deliver high value products and services. By investing in state-of-the-art technology and hiring the best professionals in the industry, we further enhance our ability to provide small and medium-sized businesses with high-performing HR solutions that allow them to focus on growing their businesses.”

 

Craig Flower, CTO, TriNet

“TriNet has proven its commitment to top-notch technology and high quality service offerings. With an unwavering focus on delivering an exceptional client experience, I look forward to working with a talented team to provide small and medium-sized businesses with products and services that have a direct impact on their success.”

 

Sateesh Chilukuri, Vice President, Software Development, TriNet

“It is an exciting time to be at TriNet and I am eager to help revolutionize the way small and medium-sized businesses meet their HR needs. I am proud to be part of a company that nurtures the cultivation of innovative ideas and best-in-class solutions that drive businesses forward.”

 

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About TriNet

TriNet is a leading provider of a comprehensive human resources solution for small to medium-sized businesses, or SMBs. We enhance business productivity by enabling our clients to outsource their human resources, or HR, function to one strategic partner and allowing them to focus on operating and growing their core businesses. Our HR solution includes services such as payroll processing, human capital consulting, employment law compliance and employee benefits, including health insurance, retirement plans and workers compensation insurance. Our services are delivered by our expert team of HR professionals and enabled by our proprietary, cloud-based technology platform, which allows our clients and their employees to efficiently conduct their HR transactions anytime and anywhere. For more information, please visit http://www.trinet.com.

 

Media Contacts:

Jock Breitwieser

TriNet

Jock.Breitwieser@TriNet.com

(510) 875-7250

 

TriNet, Ambitions Realized and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

 

Forward-Looking Statements

This press release contains forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding TriNet’s intent to expand and enhance its technology infrastructure and client technology offerings. These statements are not guarantees and are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from forecasted results. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include without limitation: TriNet’s ability to keep pace with technological change; the risk of business system failures and security breaches; market acceptance of HR outsourcing and services; and TriNet’s ability to identify, acquire and integrate acquisition candidates. These and other important risk factors are described more fully in documents filed with the Securities and Exchange Commission (SEC), including TriNet’s most recent quarterly report on Form 10-Q filed with the SEC and TriNet’s other reports and filings with the SEC, and could cause actual results to vary from expectations. All information provided in this press release is as of the date hereof and TriNet undertakes no duty to update this information except as required by law.