TriNet names Mala Murthy as CFO, replacing Kelly Tuminelli

TriNet Group Inc. (NYSE: TNET) announced that Mala Murthy will join the company as executive vice president and chief financial officer on November 28. Murthy will report to TriNet President and CEO Mike Simonds and succeed current CFO Kelly Tuminelli.

Tuminelli will serve as a special advisor to the CEO from November 28, 2025, through March 16, 2026, according to the company statement.

Murthy previously served as CFO of Teladoc Health and held several senior executive positions at American Express, including chief financial officer of its Global Commercial Services segment, which had over $15 billion in revenue. She also held leadership positions in financial planning and analysis, treasury, and corporate development and strategy at PepsiCo.

Murthy holds a bachelor's degree in computer science and engineering from Jadavpur University in India, an MBA from the India Institute of Management, and a master's degree in public and private management from Yale School of Management.

"Mala is an exceptional leader with extensive experience in technology enabled service businesses, including those serving SMBs," Simonds said in the statement.

The Dublin, California-based company provides human resources solutions for small and medium-size businesses. The announcement coincided with TriNet's third quarter 2025 earnings results release.

Tuminelli served as TriNet's CFO for five years, according to the company.

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