Adecco Names New CEO of U.S. Operations As Company Continues Aggressive Growth Objectives; New Adecco USA Chairperson Also Appointed.Business & Technology Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com MELVILLE, N.Y.--(BUSINESS WIRE)--May 7, 2002 Adecco SA (NYSE NYSE See: New York Stock Exchange :ADO), the world's largest staffing services company, today announced that it has named Michael Linton Michael Linton is the designer of a Local Exchange Trading System (LETS) known as LETSystem, an open form of money, or personal and practical arrangement of community currency. The first of very many instances of this design was originated in Comox Valley, BC, Canada, in 1982. as the Chief Executive Officer of its United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. operations, as the Company continues to pursue its aggressive growth objectives. "Michael Linton has proven to be a strategic leader," said Jerome Caille, Chief Executive Officer of Adecco SA. "He first managed a successful Adecco franchise operation before being named Senior Vice President for a large region. Since his appointment as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , he has moved ahead on an aggressive growth strategy with his sales and field management teams. Adecco 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. generated revenues of $3.4 billion in 2001. Now, with Mr. Linton as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Adecco will move to the next level of market leadership in the U.S." "I look forward to ensuring that Adecco continues to expand its extensive customer base and branch network," Mr. Linton said. "We will also continue to make sure that our number 1 priority at Adecco is to maintain the highest standards of excellence in all aspects of our business. To sustain Adecco's market leadership in all areas of temporary and full-time staffing, our services will evolve in order to fulfill the needs of the marketplace for human resources-related functions." To that end, the Company today announced that it has appointed Debbie Pond-Heide as Non-Executive Chairperson of Adecco USA, where she will focus on special projects. Ms. Pond-Heide was President of Adecco North America since 1996, where she successfully managed the major acquisitions of TAD and Olsten, which helped Adecco become the market leader in the U.S. In his newly created position, Mr. Linton brings a wealth of experience in the staffing industry. Most recently, Mr. Linton was the Chief Operating Officer of Adecco North America, where he played an important role in executing new growth strategies for the Company. He has also served as the Senior Vice President of Adecco's Central Division in the U.S., where he oversaw the operations of more than 300 offices across 21 states. He began his career at Adecco as the Executive Vice President of the company's Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. franchise organization. Before that, Mr. Linton was a Senior Manager at a leading global accounting/consulting firm. Mr. Linton is a member of the Board of Directors of Jobs for America's Graduates Jobs for America's Graduates, or JAG, is a school-to-career program implemented in 1,000 high schools, alternative schools, community colleges, and middle schools across the United States and the United Kingdom. and the Workforce Policy Board. He holds a Bachelor's degree in Accounting/Economics from Capital University in Columbus, Ohio. About Adecco Adecco SA is a Forbes International 500 company and the global leader in HR Solutions. The Adecco network connects up to 700,000 associates with business clients each day through its network of over 30,000 employees and over 6,000 offices in 59 countries. Registered in Cheserex, Switzerland, and managed by a multinational team with expertise in markets spanning the globe, Adecco delivers an unparalleled range of flexible staffing and career resources to corporate clients and people seeking work. Adecco SA comprises four divisions; Adecco Staffing; Ajilon Staffing & Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality ; Career Services (Lee Hecht Harrison); e-Recruitment & Executive Search (jobpilot and Alexandre TIC). These divisions offer flexible staffing solutions to a wide range of global industries and professions, including IT, engineering, automotive, banking, logistics, telecommunications, finance, accounting, administrative, legal, sales and marketing. Together they provide a wealth of services and expertise in temporary, permanent, professional and managed staffing; career counseling, training, development and 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. ; e-recruitment (exploiting the internet) and executive search. Adecco USA serves more than 70,000 clients a year through 1,400 points of sales and service in every state. With headquarters in Melville, NY, Adecco USA employs about 3,300 full-time employees and places more than 160,000 temporary associates each week. Adecco SA is registered in Switzerland and is listed on the Swiss Exchange Swiss Exchange The major securities market of Switzerland. (ADEN / trading on Virt-x: 1213860), NYSE (ADO), Euronext Premier Marche (12819). Further information can be found at www.adecco.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.050702/bb2 |
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