Strada Names Colin Brennan as New CEO and Richard Hanks as CFO Amid Rebranding and Strategic Growth

Strada, a top player in payroll, human capital management, and financial solutions, has named Colin Brennan as its new Chief Executive Officer. The company, which rebranded as Strada in July 2024 following the sale of its payroll and professional services division from Alight Solutions, is entering a new era of leadership and innovation.

Brennan brings close to three decades of expertise in the technology and human resources industries, with a solid track record of spearheading business growth and transformation. His career has included prominent roles at Alight Solutions and Aon Hewitt, where he held positions such as Chief Customer Officer, Director of Product and Solutions Strategy, and President of Payroll and Cloud Solutions. His tenure in these positions has equipped him with deep insights into Strada’s operations and its customer base. Most recently, Brennan served as Chief Revenue Officer at Lumin Digital, a fintech company specializing in financial institution solutions.

Under Brennan’s guidance, Strada plans to broaden its technological capabilities and end-to-end services to meet the demands of a global and increasingly diverse workforce. The company remains committed to innovation, continuing to deliver exceptional value to its 1,400+ clients, a pledge it has upheld for more than 30 years.

Brennan is expected to play a pivotal role in expanding Strada’s strategic partnerships, aiming to drive further growth. This effort will involve cultivating new partnerships while strengthening existing relationships with key industry players like Workday, SAP, and Oracle.

In another key appointment, Strada has also named Richard Hanks as its new Chief Financial Officer (CFO) to lead the company’s global financial strategy. Hanks brings extensive experience from his previous roles, including CFO positions at Williams Lea and Clarivate, where he oversaw finance operations for major technology and services companies across the United States, Europe, and Asia.

Brennan expressed his enthusiasm about joining Strada, noting that the company’s 30-year history, dedicated customer service team, and impressive client portfolio present a unique and exciting opportunity for continued transformation in the industry.

Hanks echoed similar sentiments, emphasizing how the company’s strong foundation positions it for success as it continues to unlock its potential and deliver consistent results for clients, partners, and the team.

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