Jon Kessler has served as our President and Chief Executive officer since 2014 and as a director since 2009. He also served as our Executive Chairman from 2009 to 2014. During Jon’s tenure, revenue has grown from a few million to over $750M annually. HSA assets have grown from under $100M to nearly $20B, and HealthEquity has become the nation’s largest independent custodian of HSAs.
Prior to joining HealthEquity, Jon founded WageWorks, Inc., (“WageWorks”), a provider of tax-advantaged Consumer Directed Benefit (CDB) account administration. During his tenure as Chairman and CEO from 2000 through 2007, WageWorks was named to the Inc. 500 list of US private growth companies for three consecutive years. HealthEquity acquired WageWorks in 2019.
Jon was also previously a senior economist in Washington, DC, specializing in employee benefits and environmental taxation during the Clinton and Bush (Sr.) administrations, and a benefits taxations specialist at Arthur Anderson, LLP.
“Once you really understand how an HSA plan works, you will never go back to conventional health insurance. I am proud to say that nobody supports families making the jump to HSAs like HealthEquity. Whether it’s reviewing hospital bills for errors, using claims-level analysis to find specific ways to spend less, or creating a plan to build health savings for the long term, our specialists walk you through it, anytime, twenty-four hours a day, seven days a week”.
Jon holds a master’s degree in Public Policy from Harvard’s John F. Kennedy School of Government and a bachelor’s degree from George Washington University in Washington, DC. He holds a US patent for inventions covering methods for electronically adjudicating pre-tax healthcare and other expense transactions.
Jon currently serves as Trustee and Executive Committee member of the Employee Benefit Research Institute, a Washington, DC-based think tank, created by Congress to conduct non-partisan economic research and analysis on our nation’s unique voluntary employee benefits system. Formerly, Jon was a member of the Board of Directors for the Geneva-based International Baccalaureate Organization, which provides a curriculum based on values of global citizenship used in over 6,000 schools on six continents. Jon is also past Board President of the German American International School in Menlo Park, California.