On August 4, 2014, Richard T. Green, Chief Financial Officer of WageWorks, Inc. notified the company of his intention to resign as an officer of the company in order to pursue other opportunities. Mr. Green plans to continue as Chief Financial Officer of the company during the next few months in order to facilitate an orderly transition of his responsibilities. The company has initiated a search to identify a replacement Chief Financial Officer and expects to conclude the search process expeditiously.