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WALNUT CREEK, CA, Tuesday, July 6, 2004
Westaff,
Inc. (NASDAQ: WSTF) announced today the appointment
of Stephen J. Russo as Senior Vice President, Western
Zone, to oversee Westaff's operations in the six western
states including California, Oregon, Washington, Idaho,
Northern Nevada and Utah. Westaff is a staffing solutions
provider - delivering temporary and direct placement
of administrative, light industrial and light technical
staff headquartered in Walnut Creek, CA.
"Steve is a results-driven leader, with a strong
track record of executing critical growth strategies," said
Westaff President and CEO, Dwight Pedersen. "With
his business acumen and leadership, Steve will make
a significant impact on our western zone operation
in both service delivery and bottom line performance."
Russo, who lives in Walnut Creek, returns to Westaff
after nine years of increasingly responsible positions
at Staffing Resources (Dallas, TX) and Nelson Staffing
(Sonoma, CA) where he was instrumental in driving their
growth, acquiring new businesses and managing multiple
operations. Steve spent the past two years as President
and COO of U1 Consulting Group of San Francisco, where
he lead growth and profitability in IT staffing during
the dot com recession.
During his previous term at Westaff, he served as
Vice President, Treasurer between 1991 and 1995, where
he merged corporate functions of Treasury, Tax, Unemployment
and staff payroll to streamline operations. Between
1995 and 2004 he demonstrated outstanding operational
leadership in re-building infrastructures and leading
through challenging transitional phases at staffing
companies during both expansion and retraction economies.
Steve is an expert in building teams, systems and
processes. "Returning to Westaff is about opportunity;
there is an excellent base here and room for growth
and enhancements in both performance and markets," commented
Russo. "It's all about adding value to
enhance what's already in place by working to
remove barriers and motivating people to achieve their
peak potential. I'm very excited to come back
to Westaff at this time."
Westaff is a leading provider of staffing services
and employment opportunities for businesses in global
markets. With headquarters in Walnut Creek, California,
Westaff annually employs approximately 150,000 people
and services more than 15,000 clients from more than
260 offices located throughout Australia, New Zealand,
the U.S., the United Kingdom, Norway and Denmark. Westaff
achieved fiscal 2003 system revenues of more than $515
million. For more information, please visit our U.S.
Web site at www.westaff.com. You can
also visit our U.K Web site at http://www.westaff.co.uk and
our Australia and New Zealand Web site at http://www.westaff.com.au.
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. Those documents 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.
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