Staffmark, a commercial staffing company based in Cincinnati, Ohio, has announced that Lesa Francis has been named chief executive officer, in addition to president.
The news came after Staffmark CEO Fred Kohnke announced his retirement. Kohnke served as CEO since 2001 and will continue serving on the board of birectors.
Francis first joined the company as chief operating officer in 2006, and was promoted to president in 2009. Prior to joining Staffmark, she served as the senior vice president of business development and operations at Spherion.
From the Staffmark website:
Lesa Francis joined the company in 2006 as Chief Operating Officer with over 25 years of industry experience. In 2010 she was named President and Chief Operating Officer. Prior to joining Staffmark, Lesa most recently held the position of Senior Vice President of Business Development and Operations at Spherion. In that position, she had national responsibility for their $1.5 billion Staffing and Workforce Management business. Prior to her 14 years at Spherion, Lesa held various positions with Adia (now Adecco), from Branch Manager to Regional Vice President over her seven years with the company. She received her undergraduate degree in Business Management from Northwest Missouri State University.
“I am very proud to announce Lesa’s promotion,” Kohnke told Staffing Talk. “Since joining Staffmark, Ms. Francis has been instrumental in setting our strategic direction and managing our strong growth and I feel confident that the company will continue to excel under her leadership.”
Staffmark is ranked as one of the top ten commercial staffing companies in the United States, and has been in business over 40 years. The company operates over 280 locations, providing staffing solutions across a comprehensive range of disciplines.
{ 4 comments… read them below or add one }
The stock is down almost 20% in recent months, 10% in the last couple days. Any insight? http://finance.yahoo.com/q/bc?s=CODI&t=3m&l=on&z=l&q=l&c=
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Also, the CEO of this company has essentially gone missing because of a ‘regulatory inquiry’ supposedly not related to to the company.
The parent company has been losing a lot of money, and cash flow has been obfuscated by constant dividends and share offerings.
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The high dividends to keep investors on the hook. An unviable business model. Reminds me of Bernie Madoff.
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Why don’t you ask how they treat their In-house recruiters. Why don’t they pay them?
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