WALNUT CREEK, Calif., December
14, 2000 Westaff, Inc. (NASDAQ: WSTF) today announced
the appointment of Dirk A. Sodestrom to the position
of Chief Financial Officer effective January 1, 2001.
Sodestrom, currently Westaff's senior vice president
and controller, succeeds Paul A. Norberg, who is retiring
as CFO and as a board member on December 31, 2000.
Sodestrom joined Westaff in 1991
as controller. He is responsible for financial accounting,
analysis, budgeting and internal and external reporting
functions. Last April, Sodestrom assumed the additional
responsibility of directing the company's information
technology (IT) group. He is responsible for overseeing
IT strategic initiatives as well as ongoing management
of the IT functions. Previously, he was responsible
for the successful development and implementation of
the company's Y2K compliance program.
Before coming to Westaff, Sodestrom
was a senior audit manager with PriceWaterhouseCoopers
LLP for over 10 years with significant experience with
public companies and SEC reporting. Sodestrom, a California
CPA (currently on inactive status), is a summa cum laude
graduate of Biola University in La Mirada, CA and lives
in Moraga, CA with his wife and three sons.
Sodestrom commented, "I have
greatly benefited from my 10 years at Westaff working
under the guidance and direction of Paul Norberg and
look forward to the opportunities ahead at Westaff.
Paul's leadership and insight will be missed. I am very
pleased that Paul will continue to be available to assist
Westaff in the coming months in a consulting capacity."
Norberg stated, "I have enjoyed
my 21 years at Westaff and look forward to having more
time to pursue personal interests in my previously planned
retirement. Dirk Sodestrom has resolved many difficult
and complex problems while serving as controller and
I am confident he will make an excellent CFO."
Westaff provides essential staffing
services to and employment opportunities at competitive
businesses in global markets. Westaff annually employs
approximately 270,000 people worldwide and services
approximately 25,000 clients from more than 360 offices
located throughout the U.S., United Kingdom, Australia,
New Zealand, Norway and Denmark. Westaff achieved fiscal
2000 system revenues of more than $702 million. For
more information, please visit our Web site at www.westaff.com.
This press release contains forward-looking
statements regarding future events and future performance
of the company that involve risks and uncertainties
that could cause actual results to differ materially.
We refer you to documents that the company files from
time to time with the Securities and Exchange Commission,
such as Form 10-K, Form 10-Q and Form 8-K reports, which
contain a description of certain factors that could
cause actual results to differ from current expectations
and the forward-looking statements in this press release.
| ANALYSTS/INVESTORS CONTACT : |
Dirk A. Sodestrom
Senior Vice President and
Chief Financial Officer
Telephone: 925.930.5300
e-mail: dsodestrom@westaff.com |
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| PRESS CONTACT: |
Linda Gaebler
Public Relations Director
925-952-2546, cell: 510-610-4845
e-mail: lgaebler@westaff.com |
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