TriNet Welcomes Mala Murthy as New Chief Financial Officer, Enhancing Leadership Team

TriNet Appoints Mala Murthy as Chief Financial Officer

TriNet, a premier provider of comprehensive human resources solutions designed for small and medium-sized businesses, recently announced the appointment of Mala Murthy as its new Executive Vice President and Chief Financial Officer (CFO). Taking over the role effective November 28, 2025, Murthy will replace Kelly Tuminelli, who will transition into a special advisor role until March 16, 2026.

This change comes alongside the company’s third quarter 2025 earnings results, signaling not just leadership transitions but also the ongoing commitment TriNet has towards enhancing its operational efficiency and strategic outlook. As the new CFO, Murthy will report directly to TriNet's President and CEO, Mike Simonds.

Mala Murthy is not new to the world of finance and leadership. With a robust background in enhancing organizational strategy and streamlining capital allocation, she previously held the CFO position at Teladoc Health. Her experience isn’t limited to a single firm; she also served in high-profile roles at American Express, where she led the Global Commercial Services segment, managing revenue streams exceeding $15 billion. Moreover, her expertise extends to various functional leadership positions at PepsiCo, which solidifies her standing as a seasoned executive in the financial services domain.

Upon her appointment, CEO Mike Simonds expressed his enthusiasm, stating, "It is my pleasure to welcome Mala Murthy as TriNet's new Chief Financial Officer. Mala is an exceptional leader with extensive experience in technology-enabled service businesses, particularly those catering to SMBs. I look forward to collaborating with her during this vital period as we strengthen our business framework and pursue profitable growth."

Murthy herself shared her excitement about joining TriNet's leadership team, stating, "I am truly energized to join TriNet’s leadership team and help catalyze the considerable growth opportunities available to us. Small and medium-sized businesses (SMBs) have an increasing demand for HR support, compliance services, and healthcare benefits, which new technologies are enabling effectively. I’m eager to work closely with Mike and the team in driving substantial results for TriNet, its customers, and stakeholders."

Looking into the future, TriNet aims to be recognized as the go-to provider of HR solutions for a variety of SMBs by delivering superior employee benefits, industry-leading sales excellence, and an unparalleled service delivery model. The appointment of Mala Murthy is part of this strategy to assertively position itself in a competitive market.

This leadership transformation is anticipated to enhance TriNet's commitment to providing superior service to its clientele, thus adapting to the ever-changing business environment. The company's ongoing investments in technology and talent signify its pursuit of innovation and excellence in HR solutions.

In conclusion, as TriNet embarks on this new phase of growth with Mala Murthy at the financial helm, the expectation is set high for transformative results that align with the needs of their diverse SMB clients. With a clear road ahead, the focus remains on leveraging new technologies to deliver targeted solutions that address key HR concerns for small and medium-sized enterprises.