Westaff Elects Michael T. Willis Chairman
13 Juli 2007 - 2:03AM
Business Wire
Westaff, Inc. (NASDAQ:WSTF), today announced its board has elected
Company President and CEO Michael T. Willis chairman. The vote,
which took place June 29, was confirmed by the board this week.
Willis assumes the responsibilities of chairman immediately, taking
over the role from Westaff Founder W. Robert Stover, who resigned
his tenure as chairman June 29. �The company acknowledges and
appreciates Mr. Stover�s nearly 60 years of dedication to Westaff.
As the founder and former CEO and chairman of Westaff, he is one of
our industry�s great pioneers,� commented Willis. With more than 35
years of industry experience, Willis is one of the leaders in
consolidation of the staffing industry, having participated in the
acquisition and integration of more than 70 companies during his
career. His work at industry-leading firms such as Talent Tree,
COREStaff and COMSYS is acknowledged industry-wide as integral to
developing the contingent staffing model. Willis� notable
achievements include founding the first national staffing company
to be fully computerized; pioneering industry-standard concepts
like vendor on premise (VOP) and vendor management services (VMS);
and being the first industry executive to invest in information
technology staffing services. In addition to these achievements,
Willis holds several board memberships in the staffing and
financial industries. Willis became involved with Westaff in
February 2007 when he, together with H.I.G. Capital LLC, through
its affiliates, acquired 8,262,696 shares, or approximately 49.7%,
of Westaff common stock. He was named president and CEO in May
2007. About Westaff Westaff provides staffing services and
employment opportunities for businesses in global markets,
servicing more than 15,000 client accounts from more than 230
offices located throughout the United States, the United Kingdom,
Australia and New Zealand. Westaff provides client companies with
125,000 temporary and permanent placement employees annually in the
areas of administration, call centers and light industry. For more
information, please visit www.westaff.com. This press release
contains forward-looking statements as defined in the Securities
Exchange Act of 1934, and is subject to the safe harbors created by
law. Forward-looking statements contained herein include, but are
not limited to, statements regarding the Company's future growth,
profitability, expansion in key markets and new business segments
and the Company's ability to achieve any of these goals.
Forward-looking statements are based on the beliefs and assumptions
of the Company's management and on currently available information.
The Company undertakes no responsibility to publicly update or
revise any forward-looking statement. Additional information
concerning the risks and uncertainties listed above, and other
factors you may wish to consider, is contained in the Company's
filings with the Securities and Exchange Commission, including the
Company's most recent Form 10-K, Form 10-Q, Form 8-K and other
filings.
Westaff (NASDAQ:WSTF)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Westaff (NASDAQ:WSTF)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
Echtzeit-Nachrichten über Westaff (MM) (NASDAQ): 0 Nachrichtenartikel
Weitere Westaff, Inc. News-Artikel