AUSTIN, Texas--(BUSINESS WIRE)--Fringe Benefit Group, an industry leader in the design, implementation and administration of benefit plans for hourly workers, today announced that John Malnar has joined the company as Chief Operating Officer/Chief Financial Officer (COO/CFO). Malnar brings significant operational and financial leadership experience to Fringe Benefit Group, most recently having served as CFO for two high-growth companies headquartered in California.
In his new role, Malnar will leverage nearly two decades of financial services experience to manage corporate and financial operations, oversee business analytics and reporting, and assist with strategic initiatives. Malnar most recently served as CFO of YapStone Holdings, Inc., where he worked closely with the company CEO and president on financial reporting, company strategy and operational efficiencies. During his tenure at YapStone, he was a key contributor to acceleration of the company’s revenue and profitability growth, being named a finalist for the 2015 Los Angeles Business Journal Private Company CFO of the year. Prior to YapStone, Malnar served as CFO at PayPros, which was acquired by Global Payments, Inc., and spent more than a decade in New York at BlackRock, Merrill Lynch and JP Morgan. He graduated from the University of Texas at Austin, with honors.
“Fringe Benefit Group is growing at a fast pace and we are looking to John to help us manage that growth and identify new opportunities to streamline our business processes. He has many years of experience helping grow successful companies and we are excited about bringing his talents to our organization,” said Travis West, CEO of Fringe Benefit Group.
Fringe Benefit Group offers plan design, compliance, claims and benefits administration for insured and self-insured major medical, retirement, Minimum Essential Coverage (MEC), and specialty benefits plans (e.g., dental, vision, life and disability coverage) to companies with hourly employees via its two national brands, The Contractors Plan and The American Worker. Fringe Benefit Group works closely with more than 600 brokers across the U.S.
About Fringe Benefit Group
Fringe Benefit Group and its affiliate companies have designed and administered programs that simplify the benefits process for employers with hourly workers since 1983. Through its nationwide network of independent brokers and agents, Fringe Benefit Group offers products from the industry’s leading carriers and is recognized for its full-service suite of tools and services designed specifically for employers with hourly and part-time workers. For more information, visit www.fbg.com, www.thecontractorsplan.com or www.theamericanworker.com.