Adecco Group North America Strengthens Senior Management.Business Editors CHESEREX, Switzerland--(BUSINESS WIRE)--March 3, 2004 Adecco Group North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , which includes Adecco Staffing, Ajilon Professional and Lee Hecht Harrison Career Services, today announces with immediate effect the appointment of Peter Alcide as Senior Vice President, Chief Financial Officer and Chief of Staff, and Alwin Brunner as Chief Information Officer. Mr. Alcide will be responsible for all financial oversight of Adecco Group North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business, working closely with the CFOs of each division. He has been CFO See Chief Financial Officer. of Lee Hecht Harrison for the past 10 years, a role he will retain in addition to being Chief of Staff to Ray Roe, Chief Executive Officer of Adecco Group North America. Mr. Brunner will help establish and direct the strategic long term IT goals, policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental for the Group in North America and help determine system needs and hardware procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. needs. Mr. Brunner will move to the US from Lyon, France, where he was running the Worldwide IT Data Center and the PeopleSoft Development team as Chief Technology Officer for the Adecco Group. Mr. Roe said: "Building a strong management team at Adecco Group North America is one of my main priorities. Peter and Alwin's appointments are key in forging one unified Adecco Group in North America, helping synergies so as to provide all our clients and associates with the broadest range of high quality services in the Industry." About Adecco Adecco S.A. is a Forbes 500 company and the global leader in HR Solutions. The Adecco Group network connects 650,000 associates with business clients each day through its network of 28,000 employees and more than 5,800 offices in 68 territories around the world. Registered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to corporate clients and qualified associates. The Adecco Group comprises four Divisions, Adecco Staffing, Ajilon Professional, LHH LHH League for the Hard of Hearing LHH Laguna Honda Hospital (San Francisco, California) LHH L-Band HH LHH Lutheran Hospice of Hope Career Services and Jobpilot e-HR Services. In Adecco Staffing, the Adecco staffing network focuses on flexible staffing solutions for global industries in transition, including automotive, banking, electronics, logistics and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. ; Ajilon Professional offers an unrivalled range of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. branded businesses; LHH Career Services encompasses our portfolio of outplacement out·place·ment n. The process of facilitating a terminated employee's search for a new job by provision of professional services, such as counseling, paid for by the former employer. and coaching; Jobpilot e-HR focuses on online recruiting activities for the Adecco Group. Adecco S.A. is registered in Switzerland and is listed on the Swiss Stock Exchange (ADEN / trading on Virt-x: 1213860), NYSE NYSE See: New York Stock Exchange (ADO), Euronext Premier Marche (12819). Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Adecco S.A. as of the date of the release, and we assume no obligation to update any such forward-looking statements. Factors that could affect the Company's forward-looking statements include, among other things: the time and costs necessary to complete the independent inquiry and the results of that investigation and related governmental inquiries, and the effect of the results of the investigations on the completion of the audit. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's Annual Report on Form 20-F for the year ended December 29, 2002, and in our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business. Additional information is available at the Company's website at www.adecco.com |
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