On January 14, 2020, the Board of Directors of TriNet Group, Inc. approved an increase in the size of the Board from nine to eleven members and appointed each of Shawn Guertin and Jacqueline Kosecoff as a director to fill the vacancies created by the increase, effective January 15, 2020. Mr. Guertin will serve as a Class I Director, which is the class of directors whose term expires at the Company's 2021 Annual Meeting of Stockholders. Dr. Kosecoff will serve as a Class III Director, which is the class of directors whose term expires at the Company's 2020 Annual Meeting of Stockholders. The Board has not appointed Mr. Guertin or Ms. Kosecoff to any committees of the Board. Mr. Guertin most recently served as Executive Vice President, Chief Financial Officer and Chief Enterprise Risk Officer of Aetna, Inc.
TriNet Group, Inc. provides small and medium-size businesses with full-service industry-specific human resource (HR) solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. The Company offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development (R&D) tax credit services, all enabled by technology. Its suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time and attendance. It offers six industry-tailored vertical PEO services: TriNet Financial Services, TriNet Life Sciences, TriNet Main Street, TriNet Nonprofit, TriNet Professional Services and TriNet Technology. The Company's HRIS services primarily consists of its self-directed, cloud based HRIS software solution and provides the option to add tools, such as payroll processing and benefits management.