Parker Conrad (born 1980) is an American businessman who is the cofounder and chief executive officer of Rippling, a cloud-based human resources platform designed to assist with onboarding, payroll, benefits, and vacation tracking.

[8] In the fall of 2015, Zenefits came under scrutiny for allegedly failing to comply with state health insurance regulations; the company was subject to an investigation by the website BuzzFeed News.

[9] On 8 February 2016, Conrad resigned from Zenefits after it was discovered the company used unlicensed brokers to sell health insurance in multiple states.

[10] In the aftermath of the investigation, Conrad's replacement as CEO, former COO David O. Sacks—who was cleared of wrongdoing in the same investigation—announced that the valuation of the company would be halved and investors' positions "trued up" in an effort at rectification, while 10% of employees accepted an offer of a two-month separation package.

In his own words, Conrad, his board, and Sacks agreed on a friendly exit and press release explaining his move to step down.

Based in San Francisco, California, Rippling has raised $1.2 billion from the investors—including Kleiner Perkins, Founders Fund, and Sequoia Capital.