Volt Information Sciences Appoints Herb Mueller as Chief Financial Officer
14 Août 2019 - 3:00PM
Business Wire
Volt Information Sciences, Inc. (“Volt” or the
“Company”) (NYSE-AMERICAN: VISI), an international provider
of staffing services and managed service programs, today announced
that Herb Mueller has been appointed Senior Vice President &
Chief Financial Officer of the Company, effective August 24, 2019.
After four years, Paul Tomkins will be stepping down from his role
as CFO on August 23, 2019, to pursue other opportunities.
Mr. Mueller brings over 30 years of finance expertise to the
Company. Most recently, he served as the Chief Financial Officer
and Executive Vice President at Resources Global Professionals
("RGP"), a California-based multinational provider of professional
consulting services and the operating subsidiary of Resources
Connection, Inc., a publicly traded NASDAQ-listed company. He was
promoted to CFO of RGP in August 2016, after successfully leading a
regional practice as a Managing Director.
“Herb is an experienced and talented executive whose track
record demonstrates not only his keen understanding of finance, but
also his ability to deliver results from an operational
perspective,” said Linda Perneau, President and Chief Executive
Officer. “I am confident that Herb will effectively lead our
finance functions and also contribute more broadly to Volt’s
success as we continue to make progress on our strategic priorities
and return the Company to profitability and growth.”
Mr. Mueller commented, “I am excited to join Volt’s management
team at this pivotal time. I look forward to building on the
significant progress that has already been made positioning Volt
for profitable growth. I am delighted to have the opportunity to
use my expertise to help Volt execute its long-term strategy,
continue on its positive trajectory and deliver value to its
shareholders.”
Prior to his roles at RGP, Mr. Mueller was the Chief Financial
Officer, Vice President, Accounting & Administration, and
Treasurer of Delta Apparel, Inc., a publicly traded apparel
manufacturer and distributor. He has also served as a Senior Vice
President & Chief Financial Officer of TTA Partners, Inc., a
holding company focused on investments in the advertising industry.
Mr. Mueller holds a bachelor’s degree in Accounting from Columbus
State University and is a certified public accountant
(inactive).
Mr. Tomkins will be leaving after having played an instrumental
role in driving positive change to foundational aspects of the
Company. His accomplishments include strengthening the Company’s
balance sheet and liquidity position, significantly reducing debt
by exiting non-core businesses, monetizing real estate, reducing
SG&A and tightly managing working capital. On behalf of Volt,
Linda Perneau stated, “I wish Paul the best in his future endeavors
and would like to thank him for his willingness to ensure a smooth
transition and, more importantly, his thoughtful leadership and
dedication over the years.”
About Volt Information Sciences, Inc.
Volt Information Sciences, Inc. is a global provider of staffing
services (traditional time and materials-based as well as
project-based). Our staffing services consist of workforce
solutions that include providing contingent workers, personnel
recruitment services, and managed staffing services programs
supporting primarily administrative, technical, information
technology, light-industrial and engineering positions. Our managed
staffing programs involve managing the procurement and on-boarding
of contingent workers from multiple providers. Volt services global
industries including aerospace, automotive, banking and finance,
consumer electronics, information technology, insurance, life
sciences, manufacturing, media and entertainment, pharmaceutical,
software, telecommunications, transportation, and utilities. For
more information, visit www.volt.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to a number of known and unknown risks, including, among
others, general economic, competitive and other business
conditions, the degree and timing of customer utilization and rate
of renewals of contracts with the Company, and the degree of
success of business improvement initiatives that could cause actual
results, performance and achievements to differ materially from
those described or implied in the forward-looking statements.
Information concerning these and other factors that could cause
actual results to differ materially from those in the
forward-looking statements are contained in company reports filed
with the Securities and Exchange Commission (“SEC”). Copies of the
Company’s latest Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q, as filed with the SEC, are
available without charge upon request to Volt Information Sciences,
Inc., 50 Charles Lindbergh Blvd., Suite 206, Uniondale, NY 11553,
Attention: Shareholder Relations. These and other SEC filings by
the Company are also available to the public over the Internet at
the SEC’s website at http://www.sec.gov and at the Company’s
website at http://www.volt.com in the Investor & Governance
section.
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version on businesswire.com: https://www.businesswire.com/news/home/20190814005202/en/
Investor Contacts: Volt Information Sciences, Inc.
voltinvest@volt.com
Lasse Glassen Addo Investor Relations lglassen@addoir.com
424-238-6249
Volt Information Sciences (AMEX:VISI)
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