Exhibit 99.1
Kelly Announces Chief Financial Officer Transition
TROY, Mich., (September 12, 2024) Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced that Troy
R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president
and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company.
I am pleased to welcome Troy to Kelly as the Companys next chief financial officer. His experience successfully executing business
transformations, track record of accelerating profitable growth, and passion for developing and leading high-performing teams align exceptionally well to Kellys goals as we accelerate forward on our specialty journey into a new era of
growth, said Peter Quigley, president and chief executive officer. I am also grateful to Olivier for his distinguished service to Kelly. His leadership has helped transform Kelly into a more efficient, profitable enterprise with
the financial discipline and flexibility to drive long-term value creation.
On behalf of Kellys board of directors, I extend our
appreciation to Olivier for his significant contributions to the Company as he prepares for an exciting new chapter, said Terrence Larkin, chairman of Kellys board of directors. I would also like to thank the members of the
compensation and talent management committee for leading an exhaustive search process and identifying a candidate of Troys caliber to serve as Kellys next chief financial officer. I am confident he will serve as an excellent addition to
Kellys senior leadership team and help build upon the progress Kelly has achieved on its journey to accelerate profitable growth and reward its shareholders.
Anderson brings to Kelly more than 30 years of progressive experience in accounting, financial planning and analysis, external reporting, investor relations,
expense management, and financial strategy. Most recently, he served as executive vice president and chief financial officer of Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of education programs to prepare the workforce in
transportation, skilled trades, energy, and healthcare. There, he was a key part of developing and executing a growth, diversification, and optimization strategy which resulted in revenue more than doubling, and profitability and market cap
increasing significantly more during his tenure. Prior to joining Universal Technical Institute, Inc., he served as vice president, global finance and corporate controller for Conduent, Inc., a business process services company.
About Kelly®
Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the
staffing industry in 1946, we have become experts in the many industries and local and global markets we serve. With a network of suppliers and partners around the world, we connect more than 500,000 people with work every year. Our suite of
outsourcing and consulting services ensures companies have the people they need, when and where they are needed most. Headquartered in Troy, Michigan, we empower businesses and individuals to access limitless opportunities in industries such as
science, engineering, technology, education, manufacturing, retail, finance, and energy. Revenue in 2023 was $4.8 billion. Learn more at kellyservices.com.
Forward-Looking Statements
This release contains
statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. These statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements
that are not historical facts, including statements about Kellys financial expectations, are forward-looking statements. Factors that could cause actual results to differ materially from those contained in this release include, but are not
limited to, (i) changing market and economic conditions, (ii) disruption