Kelly Announces Completion of CFO Transition, Participation in Sidoti Virtual Investor Conference
26 November 2024 - 11:30PM
Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent
solutions provider, today announced the completion of its
previously announced CFO transition. Troy Anderson, who joined
Kelly in October 2024, will succeed Olivier Thirot as the Company’s
chief financial officer, effective December 2, 2024. Thirot will
retire as an officer of Kelly, while continuing to serve the
Company as a strategic advisor.
“I’m grateful to serve as Kelly’s chief financial officer at
this consequential point on the Company’s specialty growth
journey,” said Anderson. “My experience since joining Kelly has
reinforced for me the opportunity that exists to build upon the
strong foundation established through the Company’s ongoing
transformation and to further enhance its financial profile. I look
forward to working with the Kelly team to accelerate organic and
inorganic growth, deliver additional EBITDA margin expansion, and
create significant value for our shareholders.”
Kelly also announced that it will participate in the Sidoti
Virtual Investor Conference on December 4, 2024. Peter Quigley,
president and chief executive officer, Anderson, and Scott Thomas,
head of investor relations, will participate in one-on-one
meetings. Kelly’s investor presentation is available on the
Company’s website.
About Kelly®
Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies
recruit and manage skilled workers and helps job seekers find great
work. Since inventing the staffing industry in 1946, we have become
experts in the many industries and local and global markets we
serve. With a network of suppliers and partners around the world,
we connect more than 500,000 people with work every year. Our suite
of outsourcing and consulting services ensures companies have the
people they need, when and where they are needed most.
Headquartered in Troy, Michigan, we empower businesses and
individuals to access limitless opportunities in industries such as
science, engineering, technology, education, manufacturing, retail,
finance, and energy. Revenue in 2023 was $4.8 billion. Learn more
at kellyservices.com.
Forward-Looking Statements
This release contains statements that are forward looking in
nature and, accordingly, are subject to risks and uncertainties.
These statements are made under the “safe harbor” provisions of the
U.S. Private Securities Litigation Reform Act of 1995. Statements
that are not historical facts, including statements about Kelly’s
financial expectations, are forward-looking statements. Factors
that could cause actual results to differ materially from those
contained in this release include, but are not limited to, (i)
changing market and economic conditions, (ii) disruption in the
labor market and weakened demand for human capital resulting from
technological advances, loss of large corporate customers and
government contractor requirements, (iii) the impact of laws and
regulations (including federal, state and international tax laws),
(iv) unexpected changes in claim trends on workers’ compensation,
unemployment, disability and medical benefit plans, (v) litigation
and other legal liabilities (including tax liabilities) in excess
of our estimates, (vi) our ability to achieve our business’s
anticipated growth strategies, (vi) our future business
development, results of operations and financial condition, (vii)
damage to our brands, (viii) dependency on third parties for the
execution of critical functions, (ix) conducting business in
foreign countries, including foreign currency fluctuations, (x)
availability of temporary workers with appropriate skills required
by customers, (xi) cyberattacks or other breaches of network or
information technology security, and (xii) other risks,
uncertainties and factors discussed in this release and in the
Company’s filings with the Securities and Exchange Commission. In
some cases, forward-looking statements can be identified by words
or phrases such as “may,” “will,” “expect,” “anticipate,” “target,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. All
information provided in this press release is as of the date of
this press release and we undertake no duty to update any
forward-looking statement to conform the statement to actual
results or changes in the Company’s expectations.
KLYA-FIN
ANALYST & MEDIA CONTACT: Scott Thomas(248)
251-7264 scott.thomas@kellyservices.com
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