Analysts International Announces Appointment of Chief Financial Officer; Experienced Financial Executive Named Interim CFO.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--March 27, 2002 Analysts International Corporation (Nasdaq:ANLY) today announced that John T. Paprocki will join the Company as its interim Chief Financial Officer, effective April 15, 2002. Mr. Paprocki previously served the Company as its Vice President Finance, Treasurer and CFO See Chief Financial Officer. from 1981 to 1987. Since then, Mr. Paprocki has served public and private companies in the upper Midwest The Upper Midwest is a region of the United States with no universally agreed-upon boundary, but it almost always lies within the US Census Bureau's definition of the Midwest and includes the states of Minnesota and Wisconsin, as well as at least the Upper Peninsula of Michigan. as Chief Financial Officer, President and 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 is rejoining Analysts International to fill a position that has remained open since the 1999 retirement of the previous CFO. Paprocki graduated from Marquette University Marquette University at Milwaukee, Wis.; Jesuit; coeducational; chartered 1864, opened 1881. The school achieved university status in 1907. Among its graduate programs are those in business, engineering, and law. in 1973 with a degree in accounting and earned his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Wisconsin, Milwaukee, in 1979. He is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , Certified Management Accountant  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. and Certified Financial Manager. Michael J. LaVelle, who late last month was named to succeed Frederick W. Lang as the Company's Chief Executive Officer on May 1, 2002 following Mr. Lang's retirement, and is currently the Company's President and Chief Operating Officer, stated, "The addition of John to the management team will further strengthen the Company as our industry and market begin to turn. We continue to look at opportunities to position the Company to meet our industry's challenges and opportunities. John's experience, both here and throughout his career, makes him an obvious choice to oversee the growth and continuing development of our financial and administrative functions and to assist us in the selection of a permanent chief financial officer." About Analysts International Headquartered in Minneapolis, Analysts International (Nasdaq:ANLY) is a diversified IT services company. In business for more than 35 years, the Company has sales and customer support offices in the United States and Canada. Lines of business include the Sequoia Services Group, which provides business solutions and network infrastructure services; Managed Services Group, which provides a comprehensive range of outsourced business functions; and IT Supplemental Resources, which provides high demand resources for supporting a client's IT staffing needs. Recently, ComputerWorld named the Company one of the best 100 places for IT professionals to work. In 2001 Microsoft Corporation named Analysts International its worldwide winner of the top IT Infrastructure Solution. For more information, visit the company Web site at http://www.analysts.com. Statements contained herein which are not historical facts are forward-looking statements. Any forward-looking statements in this release concerning the Company's performance in the coming year and the refinancing of its debt are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results and/or events may vary materially from those projected as a result of certain risks and uncertainties, such as the Company's ability to keep existing and obtain new business, obtain acceptable rates for its services, control labor and benefits costs and secure favorable terms for the refinancing of its debt. Discussions of these risks and uncertainties can be found in the Company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion