Manpower Inc.'s (NYSE: MAN) three CEOs will ring The Closing Bell® at the New York Stock Exchange on Friday 14 November 2008 in commemoration of the company's 60th anniversary. A global leader in employment services, Manpower celebrates six decades of helping companies and individuals win in the changing world of work. Manpower has achieved this distinction under the stewardship of just three chief executives -- co-founder Elmer Winter, Mitchell Fromstein and Jeff Joerres, who has been CEO since 1999 and chairman since 2001. They have steered Manpower to its current position as a $21 billion global employment services corporation.
"The workplace has unequivocally changed over the years since we opened our doors in 1948, but our mission has always remained the same," said Joerres. "Connecting people with meaningful work, while helping organizations find the talent they need is what we do. Manpower's ability to navigate the constant shifts in the world of work gives us the agility required to be a resilient and reliable partner for our clients and candidates."
Since the company's inception in 1948, Manpower has managed through extraordinary economic fluctuation and has consistently emerged a stronger company poised for growth. Clients and candidates have depended on the Manpower group of companies to put the right people in the right job at the right time. That service is as vital today as it ever was as the global economic environment becomes even more challenging.
Sixty years of accomplishment under such enduring leadership is a monumental achievement for any organization and it's a genuine rarity among Fortune 500 companies (Manpower is no. 120 on Fortune's 2008 U.S. list). Consider that the average multinational corporation lasts between 40 and 50 years. Even more remarkable is the company's stable leadership; the median tenure of global CEOs in 2007 was just six years, according to Booz & Company.
For the complete news release:
http://www.manpower.com/investors/releasedetail.cfm?releaseid=347709 Or visit the company Press Room at http://www.manpower.com/
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SOURCE: Manpower Inc.
CONTACT: Media, 14 Nov in New York, Britt Zarling, +1-414-526-3107,
[email protected], or Milwaukee, Marci Pelzer, +1-414-687-8441,
[email protected], both of Manpower Inc.
Web site: http://www.manpower.com/