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Administaff 3Q profit outlook tops Street forecast

Friday October 17, 2008

HOUSTON - Administaff Inc. on Friday forecast third-quarter profit slightly above Wall Street expectations, as the staffing firm raised its outlook for how much profit it generates for each employee it places at work sites, even amid a difficult economic environment.

Administaff expects earnings of 46 cents per share for the quarter ended Sept. 30, above the average estimate of 44 cents per share forecast by analysts surveyed by Thomson Reuters. Administaff projects revenue of $422 million, up 10 percent from a year ago, but shy of analysts’ consensus forecast of $427 million.

Administaff promotes Deanna Hagan to District Manager of New York Office

Wednesday October 15, 2008

NEW YORK – Administaff, Inc. (NYSE: ASF), a leading provider of human resources services for small and medium-sized businesses, today announced the promotion of Deanna Hagan to district manager for one of its New York sales offices. Hagan will be responsible for helping to direct the sales efforts in New York and Connecticut.

“Deanna has outstanding experience in management and sales, and a strong ability to communicate Administaff’s message and services to our key audiences,” said Marty Scirratt, Administaff senior vice president of sales. “Her promotion to district manager will help to further Administaff’s expansion goals in the New York market.”

Astra HR Appoints Scott Cherry as New Director of Sales

Tuesday October 14, 2008

Astra HR Appoints Scott Cherry as New Director of Sales, New Sales Director Brings Extensive Experience in HR Outsourcing and Consulting

Astra HR, a leader in providing innovative outsourced human resource management solutions, today announced the appointment of Scott Cherry as the company’s new Director of Sales. Joining Astra HR at a critical stage in which the company’s recognition as an industry leader is accelerating, Cherry will lead the effort to drive sales taking Astra HR to the next level as a national leader in the Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO) industry.

Rockville, MD—Astra HR, a leader in providing innovative outsourced human resource management solutions, today announced the appointment of Scott Cherry as the company’s new Director of Sales. Joining Astra HR at a critical stage in which the company’s recognition as an industry leader is accelerating, Cherry will lead the effort to drive sales taking Astra HR to the next level as a national leader in the Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO) industry.

When even pawn shops can’t go public

Saturday October 11, 2008

Adding to the woeful performance of the market for IPOs this year, five more companies pulled plans to brave the U.S. exchanges this week and not a single IPO priced anywhere in the world, including the PEO - Professional Employer Organization - SOI Holdings.

Human Resource Outsourcing Industry Expert, Dianna Sheppard of Advantec, Moves into Leadership Roles

Friday October 10, 2008

Dianna Sheppard, CEO of Advantec, will serve on the Board of Directors of the National Association of Professional Employer Organizations (NAPEO) in 2009 and 2010. Ms. Sheppard was also named to Thunderbird School of Global Council.

Tampa, FL—Dianna Sheppard, CEO of Advantec, will serve in 2009 and 2010 on the Board of Directors of the National Association of Professional Employer Organizations (NAPEO). NAPEO represents the $63 billion PEO industry, which delivers Fortune 500 employee benefits and human resources expertise to America’s main-street businesses.
Sheppard was elected to serve as a NAPEO Director by a vote of the national membership during the association’s annual conference in mid-September. Nearly 850 PEO leaders and vendors participated in the conference and trade show, which is the largest gathering of leaders in the PEO industry.

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