StaffMark Inc.

by Talk Business & Politics ([email protected]) 81 views 

Staffing services company StaffMark Inc. said it had hired Credit Suisse First Boston to help it consider strategic alternatives and that it sees its operating results being hurt in the second half.

StaffMark also said an announcement about its new president was expected within the next few weeks.

The company said it expects to add outside directors “who have knowledge in areas that are important to the development of the company and stockholder value.” StaffMark said it expects its board will be made up of a majority of outside directors by the end of the year.

The company said it hired Credit Suisse as its financial adviser “as a result of the continuing global consolidation of the staffing industry, and with the objective of maximizing stockholder value.”