Blechschmidt Appointed President and Chief Operating Officer of Olsten Corporation; New Post Added to Executive Team.MELVILLE, N.Y.--(BUSINESS WIRE)--Oct. 19, 1998--Edward A. Blechschmidt, 46, has been appointed to the new position of 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. of Olsten Corporation, it was announced today by Olsten Chairman and Chief Executive Officer Frank N. Liguori. Blechschmidt, who has been President and Chief Executive Officer of both Siemens Nixdorf See Fujitsu Siemens. Americas and Siemens' Pyramid Technology Pyramid Technology was a computer company that produced a number of RISC-based minicomputers at the upper end of the performance range. They also became the second company to ship a multiprocessor Unix system (branded DC/OSx), in 1985, which formed the basis of their product line since August 1996, will oversee Olsten's worldwide operations and report to Liguori. Reporting to Blechschmidt will be Vice Chairman Stuart Olsten, who has operational responsibility for the Company's European and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Staffing Services and Information Technology operations Information technology operations, or IT operations, are the superset of all processes and services that are both provisioned by an IT staff to their internal or external and used by themselves, to run themselves as a business. ; Robert A. Fusco, Executive Vice President and President of Olsten Health Services health services Managed care The benefits covered under a health contract , the Company's home health care subsidiary; and Gerald J. Kapalko, Executive Vice President and President of Olsten's Latin American Staffing operations. "Over the past five years, our Company has grown significantly in size and scope, expanding from a North American organization to one that now operates across three continents, 14 countries and three significant businesses - Staffing Services, Health Services and Information Technology Services," Liguori said in making the announcement. "Along with that growth, our businesses have become more complex and, thus, our need to strengthen our executive team. Ed's strong operational and financial background, business-to-business selling, and international and acquisition experience, together with his fine leadership and personal characteristics, will serve our company well." At Siemens Nixdorf, where he also served as Executive Vice President and Board Member of parent company Siemens Nixdorf Informationssysteme Siemens Nixdorf Informationssysteme, AG (SNI) was formed in the mid 1990s by the merger of Nixdorf Computer AG and the Siemens' Data Information Services (DIS) division. AG of Munich, Germany, Blechschmidt was responsible for all operations and new business initiatives in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. for this global information technology company. Prior to joining Siemens, he served for more than 20 years with Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined. , the provider of information technology and consulting services, where he held progressively responsible finance, administration and line positions, including President, Unisys Japan Limited; President, Pacific Asia Americas Division (all Unisys international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , excluding Europe and Africa); President, United States and Canada Division; and Senior Vice President and Chief Financial Officer. Blechschmidt is a director of EA Industries, Inc., an electronics manufacturer, and holds an undergraduate degree in business from Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. . Olsten Corporation is a world leader in staffing services and North America's largest provider of home health care and related services. Primarily through Olsten Staffing Services, the Company operates more than 900 staffing or information technology offices in North America, South America and Europe, providing assignment employees to business, industry and government, as well as services for the design, development and maintenance of information systems. Through its Olsten Health Services subsidiaries, the Company's more than 400 health care offices in the United States and Canada provide health care Network Services and caregivers for home health care and institutions, home infusion and other therapies, and management services to hospital-based home health agencies. In 1997, Olsten Corporation employed approximately 670,000 people serving approximately 625,000 client/patient accounts. The Company achieved 1997 systemwide sales of $4.8 billion and revenues of $4.1 billion. Information contained in this news release, other than historical information, should be considered forward-looking, and is subject to various risk factors and uncertainties. For instance, the Company's strategies and operations involve risks of competition, changing market conditions, changes in laws and regulations affecting our industries and numerous other factors discussed in this release and in the Company's filings with the Securities and Exchange Commission. Accordingly, actual results may differ materially from those in any forward-looking statements. |
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