Spherion Explained

Foundation:1946
Founder:Leroy Dettman
Location:Atlanta, Georgia, US
Key People:Rebecca Rogers Tijerino (CEO)
Homepage:www.spherion.com
Industry:Recruitment
Owner:Randstad Holding

Spherion[1] is a North American temporary work agency headquartered in Atlanta, Georgia, that operates under a variety of brand names.

History

Spherion was first known as City Car Unloaders, a Chicago[2] [3] company created by Leroy Dettman and Joseph Perfetto in 1946.[4] [5] They initially placed manual laborers in temporary jobs loading cargo. Filling temporary clerk jobs was a service the company only later added.[6]

The company relocated from Chicago to Fort Lauderdale in 1969.[5]

By 1978, the firm was doing business as Personnel Pool of America, Inc, and was acquired by H&R Block.[5] In 1991, H&R Block acquired Interim Systems Corporation and combined it with Personnel Pool, creating a larger staffing services firm.

In 1992, the company changed its name to Interim Services Inc., and was spun off by H&R Block in 1994. Interim [7] acquired a number of other companies over the next few years.

The company, which changed its name to Spherion in 2000,[8] was acquired by Randstad Holding in July 2011.[9] [10]

Brands

Spherion has done business under a variety of brand names. The following brands are more or less current: Emerging Workforce, The Mergis Group,[11] [12] SFN Group, Sourceright Solutions,[13] Spherion, Spherion Recruitment Process Outsourcing,[14] Spherion Staffing Services,[15] Tatum,[15] [16] Technisource[15] [17] Victor Temporary Services,[5] Professional Nurses Bureau,[5] and Today's Office Professionals.[18] [15]

Leadership

Cinda Hallman, a member of Spherion's board of directors beginning in early 1995,[19] replaced Raymond Marcy as Chief Executive Officer in 2001, a role that Marcy had held for over a decade.[20] Rebecca Rogers Tijerino became the CEO of Spherion in January 2019.

Acquisitions and spinoffs

An "acquisition spree" that began in 1994[21] led to Spherion's 1999 acquiring of an Atlanta-based rival. Norrell Corp. Part of Fort Lauderdale-based Spherion's board of directors wanted to move corporate headquarters to Atlanta, a conflict that ended when Marcy was replaced by Hallman in 2001.[20]

In 2001 Spherion made an initial public offering (IPO) of its London-based Michael Page Group, which it acquired in 1997.[22]

Spherion sold its Saratoga Institute to PricewaterhouseCoopers in 2003.[23]

External links

Notes and References

  1. News: . Spherion Corporation.
  2. Book: Vault Guide to the Top Business Services Employers . Laurie Pasiuk . 2006.
  3. Web site: Consultis 4401 N Federal Hwy Boca Raton, FL Employment ... .
  4. Web site: Barbara "DragonFISH" Fleming.
  5. News: . H&R Block plans to merge unit with Personnel Pool . December 18, 1990.
  6. http://www.spherion.com/about_us/history.jsp History: Spherion: A Pioneer in Staffing & Workforce Management
  7. and successor-named Spherion
  8. . Desperate Times . Joanne Gordan.
  9. News: . Randstad to Buy SFN for $710 Million . Michael J. de la Merced . July 20, 2011.
  10. Web site: History . July 9, 2013 . dead . https://web.archive.org/web/20130630044421/http://www.randstad.com/about-us/company-information/history . June 30, 2013. Randstad Official Site
  11. http://www.mergisgroup.com/About_Mergis/SFN.jsp Staffing and Recruiting Excellence SFN Group: Staffing and Recruiting Excellence
  12. https://archive.today/20130201055942/http://www.reuters.com/article/pressRelease/idUS152089+21-Apr-2008+PRN20080421 Survey by the Mergis Group Shows Decline in Overall Confidence for Accounting and... | Reuters
  13. http://www.sourcerightsolutions.com/about_sourceright_sfn.html SFN Group: Industry Leaders for 60 Years
  14. News: . Spherion to tap Outsourcing . Marcia Heroux Pounds.
  15. http://www.spherion.com/about_us/co_overview.jsp About Us: Spherion: Recruiting & Staffing Excellence
  16. http://www.tatumllc.com/about/Tatum-SFN.asp Tatum & SFN Group: Tatum is a division of SFN Group, Inc.
  17. http://www.technisource.com/About/SFN_Group.jsp SFN Group: Built On A Foundation Of Strength; About SFN Group
  18. https://finance.yahoo.com/q/pr?s=SFN SFN: Profile for SPHERION CORP - SGN Group Inc
  19. Web site: Spherion Announces Dupont Executive to Be New President and CEO . . April 10, 2001.
  20. News: . Spherion replaces CEO amid an earnings slide . Joan Fleischer Tamen . April 11, 2001.
  21. 26 firms, 1994-2001
  22. News: . Spherion will take its London subsidiary public . January 20, 2001.
  23. News: . Spherion Unit Is Acquired . March 5, 2003.