SelectQuote Announces Departure of Chief Financial Officer Raff Sadun at end of May

SVP of Financial Planning & Analysis Ryan Clement will serve as interim Chief Financial Officer upon Sadunโ€™s departure

SelectQuote, Inc. (NYSE: SLQT) today announced the departure of Chief Financial Officer Raff Sadun after 5 years at SelectQuote to pursue a new opportunity outside of the industry. The Board of Directors approved the appointment of Ryan Clement, SVP of Financial Planning & Analysis, as interim CFO effective upon Sadunโ€™s departure at the end of the month. Prior to joining SelectQuote, Clement served as the CFO of a software technology company and has over a decade of experience in senior-level finance and operations roles. Clement will continue to lead SelectQuoteโ€™s Financial Planning & Analysis organization while acting as interim CFO. The companyโ€™s financial reporting and accounting functions will be led by Stephanie Fisher, SelectQuoteโ€™s Chief Accounting Officer, who will assume the role of principal accounting officer effective upon Sadunโ€™s departure. The company has initiated a national search for a permanent Chief Financial Officer.

SelectQuoteโ€™s Chief Executive Officer, Tim Danker commented, โ€œOn behalf of everyone at SelectQuote, I would like to thank Raff for his integral role in the growth and success of our company. Raff was instrumental during SelectQuoteโ€™s initial public offering back in 2020 and has established a world-class finance function at the company, which will ensure an orderly transition as we conduct the search for a new Chief Financial Officer. We wish Raff well in his future endeavors and the next chapter of his career.โ€

About SelectQuote

Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property. SelectQuote pioneered the model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin the companyโ€™s success: a strong force of highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources and routes high-quality leads. SelectQuote has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans. In 2021, SelectQuote expanded its business with the addition of Population Health, a healthcare services company, and SelectRx, a specialty medication management pharmacy.

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