Tim Pratte has joined McKinney-based Selerix, a leading provider of cloud-based benefits administration solutions, as its new CEO and a member of its board of directors.
Pratte succeeds Selerix co-founder and president of 22 years, Lyle Griffin, who will continue to serve on the company’s board of directors.
“Tim adds a new dimension to the Selerix leadership team, bringing a wealth of experience in human resources outsourcing and operations and a proven track record of achieving exceptional operating results,” Griffin said in a statement. “His leadership experience, particularly at Questco and PrismHR, will be invaluable in moving the organization to a new level of success,” Griffin said. “I am more than confident in Tim’s abilities as I hand the reins over to him; Selerix is in great hands.”
The company said that Pratte brings almost three decades of experience in HR outsourcing, insurance, operations, and sales and marketing.
Background in HR outsourcing
Pratte spent the last six years in various leadership positions with PrismHR, ending his tenure as chief operating officer of PrismHR and chief strategy officer of its holding company, Vensure Employer Solutions. While at PrismHR, Pratte helped grow revenue by nearly 4x, expanded the marketplace partnerships team to drive increased customer value; and began an insurance practice to disrupt the distribution of voluntary benefits in HR outsourcing.
“I couldn’t pass up the opportunity to join the Selerix team,” Pratte said in a statement. “I hope my depth of experience will bring the organization to new heights, and I see nothing but potential for growth moving forward.”
Before joining PrismHR, Pratte served as CEO of Questco companies in Houston.
Prior to that, he served in various management roles at leading HR outsourcing companies, providing leadership in operations, underwriting, payroll and tax management, human resources, and customer acquisition.
Building on the foundation of industry pioneer
“The company’s longevity in the industry speaks for itself, and that is in large part due to Lyle’s excellent leadership,” Pratte said. “He had a vision and executed on it to create an industry-leading benefits administration software company.”
Selerix CFO Chris McCoy said Pratte will build on the foundation created by Griffin.
“Lyle is truly a pioneer in this industry. He founded Selerix at a time when our type of company really didn’t exist. He’s been an exceptional leader and advocate for our company. We cannot thank him enough for his contributions to the organization and the industry,” McCoy said. “Tim’s experience and leadership will not only propel Selerix forward but will also positively impact our clients and how we serve them.”
Selerix is a benefits administration provider for both core and voluntary benefits. Its solution combines a flexible benefits admin platform with a commitment to providing best-in-class client service.
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