CEO Resigns

February 22, 2010 – Kent Plunkett has resigned as chief executive officer, effective immediately, of, Inc., a provider of on-demand compensation, payroll and talent management solutions. Mr. Plunkett will continue to serve as chairman of the board. has appointed Paul R. Daoust as interim CEO while it conducts a formal search for a permanent CEO. “I am incredibly proud of what the people who built have achieved since we founded the company over 10 years ago. is recognized as the global leader in compensation management data and software, and our emerging suite of SaaS-based human capital management solutions is in a strong competitive position,” said Mr. Plunkett. “We have recorded 35 consecutive quarters of revenue growth and I remain optimistic about the company's long term growth potential.” Mr. Daoust is a recognized leader in the human resources industry with over 40 years of operating experience, and he has been a member of the board of directors since 2006. He previously spent 28 years with HR consulting firm Watson Wyatt Worldwide.

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