PLANO, Texas, Sept. 25, 2018 /PRNewswire/ -- BG Staffing,
Inc. (NYSE American: BGSF), a rapidly growing national provider of
professional temporary staffing services, today announced that the
Board of Directors promoted Beth A.
Garvey to the offices of Chief Executive Officer and
President, effective October 1, 2018.
In conjunction with the appointment of Garvey, on October 1, 2018, L. Allen
Baker, Jr. will resign as Chief Executive Officer and
President and remain as Chairman of the Board.
Garvey has served as the Company's Chief Operating Officer since
August 2016 after joining the BG
Staffing team through the 2013 acquisition of InStaff Personnel,
LLC. As COO, Garvey has overseen day-to-day operations of the
Company, and has led the team to streamline operations, build brand
recognition and enhance collaboration within all the Company's
operations.
Baker said, "I'm delighted that Beth has accepted the role of
CEO of BG Staffing. Her strategic thinking and ability to drive
teams, along with the strong support of Dan
Hollenbach, CFO, will enable us to stay on the growth path
we have experienced over the past several years. It's been a
privilege to serve our Company and work with our terrific team, and
I look forward to serving in my new role as Chairman."
Garvey said, "I'm proud and excited to continuing building upon
the strong foundation laid under Allen's leadership over the past
ten years. The result is that we've built a strong Company with a
team that leads the industry in talent, drive and dedication to our
candidates, our clients, our team members and our shareholders. I
look forward to Allen's continuing contributions in his role as our
Chairman.
"Looking ahead," said Garvey, "we'll continue to grow with our
existing initiatives and always seek ways to improve operating
efficiencies, enhance cross selling opportunities, and build upon
our strong foundation in order to continue increasing shareholder
value."
About BG Staffing, Inc.
Headquartered in Plano, Texas, BG Staffing provides staffing
services to a variety of industries through its various divisions.
BG Staffing is primarily a professional temporary staffing platform
that has integrated several regional and national brands achieving
scalable growth. The Company was ranked as the 59th
largest U.S. staffing company and the 45th largest IT
staffing firm in 2018 by Staffing Industry Analysts. The Company's
disciplined acquisition philosophy, which builds value through both
financial growth and the retention of unique and dedicated talent
within BG Staffing's portfolio of companies, has resulted in a
seasoned management team with strong tenure and the ability to
offer exceptional service to candidates and customers while
building value for investors. For more information on the Company
and its services, please visit its website at
www.bgstaffing.com.
Forward-Looking Statements
The forward-looking
statements in this press release are made under the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
The Company's actual results could differ materially from those
indicated by the forward-looking statements because of various
risks and uncertainties including those listed in Item 1A of the
Company's Annual Report on Form 10-K and in the Company's other
filings and reports with the Securities and Exchange Commission.
All of the risks and uncertainties are beyond the ability of the
Company to control, and in many cases, the Company cannot predict
the risks and uncertainties that could cause its actual results to
differ materially from those indicated by the forward-looking
statements. When used in this press release, the words "believes,"
"plans," "expects," "will," "intends," and "anticipates" and
similar expressions as they relate to the Company or its management
are intended to identify forward-looking statements. Except as
required by law, the Company is not obligated to publicly release
any revisions to these forward-looking statements to reflect the
events or circumstances after the date of this press release or to
reflect the occurrence of unanticipated events.
CONTACT:
Terri
MacInnis, VP of Investor Relations
Bibicoff + MacInnis, Inc.
818.379.8500 terri@bibimac.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/bg-staffing-promotes-beth-a-garvey-to-ceo-and-president-300718100.html
SOURCE BG Staffing, Inc.