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BBSI Establishes Vice Chairman Role, Appoints Current Board Member Joseph Clabby

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Barrett Business Services (BBSI) has established a new vice chairman position on its board of directors and appointed current board member Joseph S. Clabby to the role. Clabby, who joined BBSI as director in September 2022, brings extensive experience from his over twenty-year tenure at ACE and Chubb, where he held various senior executive positions. His background includes significant roles at major insurance and reinsurance organizations such as Alexander & Alexander, Willis Group, and Swiss Re.

The appointment aligns with BBSI's board development and succession planning process, with Chairman Tony Meeker highlighting Clabby's contributions to the company's growth through his thoughtfulness, business acumen, and leadership.

Barrett Business Services (BBSI) ha istituito una nuova posizione di vicepresidente nel suo consiglio di amministrazione e ha nominato il membro attuale del consiglio Joseph S. Clabby per il ruolo. Clabby, che è entrato in BBSI come direttore nel settembre 2022, porta con sé una vasta esperienza grazie ai suoi oltre venti anni di carriera in ACE e Chubb, dove ha ricoperto varie posizioni dirigenziali. Il suo background comprende ruoli significativi in importanti organizzazioni di assicurazione e riassicurazione come Alexander & Alexander, Willis Group e Swiss Re.

La nomina è in linea con il processo di sviluppo e pianificazione della successione del consiglio di BBSI, con il presidente Tony Meeker che sottolinea i contributi di Clabby alla crescita dell'azienda grazie alla sua lungimiranza, aptitudine imprenditoriale e capacità di leadership.

Barrett Business Services (BBSI) ha establecido una nueva posición de vicepresidente en su junta directiva y ha nombrado al actual miembro de la junta Joseph S. Clabby para el cargo. Clabby, que se unió a BBSI como director en septiembre de 2022, aporta una amplia experiencia de sus más de veinte años en ACE y Chubb, donde ocupó varios puestos ejecutivos de alto nivel. Su trayectoria incluye roles significativos en importantes organizaciones de seguros y reaseguros como Alexander & Alexander, Willis Group y Swiss Re.

El nombramiento se alinea con el proceso de desarrollo y planificación de sucesión de la junta de BBSI, con el presidente Tony Meeker destacando las contribuciones de Clabby al crecimiento de la empresa a través de su reflexión, agudeza empresarial y liderazgo.

Barrett Business Services (BBSI)는 이사회에 새로운 부회장직을 신설하고 현재 이사인 Joseph S. Clabby를 그 직위에 임명했습니다. Clabby는 2022년 9월 BBSI 이사로 합류했으며, ACE와 Chubb에서 20년 이상의 경력을 쌓으며 다양한 고위 임원직을 역임해왔습니다. 그의 경력에는 Alexander & Alexander, Willis Group 및 Swiss Re와 같은 주요 보험 및 재보험 조직에서의 중요한 역할이 포함됩니다.

이번 임명은 BBSI의 이사회 개발 및 승계 계획 프로세스와 일치하며, Tony Meeker 회장이 Clabby의 전략적 사고, 비즈니스 감각 및 리더십을 통해 회사 성장에 기여한 점을 강조하였습니다.

Barrett Business Services (BBSI) a créé un nouveau poste de vice-président au sein de son conseil d'administration et a nommé l'actuel membre du conseil Joseph S. Clabby à ce poste. Clabby, qui a rejoint BBSI en tant que directeur en septembre 2022, apporte une vaste expérience de ses plus de vingt ans chez ACE et Chubb, où il a occupé divers postes exécutifs supérieurs. Son parcours comprend des rôles importants au sein de grandes organisations d'assurance et de réassurance telles qu'Alexander & Alexander, Willis Group et Swiss Re.

Cette nomination s'inscrit dans le cadre du développement du conseil d'administration et du processus de planification de la succession de BBSI, le président Tony Meeker soulignant les contributions de Clabby à la croissance de l'entreprise grâce à sa réflexion, son sens des affaires et son leadership.

Barrett Business Services (BBSI) hat eine neue Position des Vizevorsitzenden in seinem Vorstand geschaffen und das derzeitige Vorstandsmitglied Joseph S. Clabby für diese Rolle ernannt. Clabby, der im September 2022 als Direktor zu BBSI kam, bringt umfangreiche Erfahrungen aus seiner mehr als zwanzigjährigen Tätigkeit bei ACE und Chubb mit, wo er verschiedene leitende Positionen innehatte. Sein Hintergrund umfasst bedeutende Rollen in großen Versicherungs- und Rückversicherungsorganisationen wie Alexander & Alexander, Willis Group und Swiss Re.

Die Ernennung steht im Einklang mit dem Entwicklungs- und Nachfolgeplanungsprozess des BBSI-Vorstands, in dem der Vorsitzende Tony Meeker Clabbys Beiträge zum Wachstum des Unternehmens durch seine Weitsicht, Geschäftssinn und Führungsfähigkeit hervorhebt.

Positive
  • Strategic board development and succession planning implementation
  • Appointment of experienced insurance industry executive to leadership role
Negative
  • None.

VANCOUVER, Wash., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is announcing the establishment of a vice chairman role on its board of directors and appointing current board member Joseph S. Clabby to the new role.

"On behalf of the board, we congratulate Joe Clabby on his appointment," said Tony Meeker, BBSI’s chairman of the board. "Consistent with our board development and succession planning process, we are pleased to name Joe to this position. During his time on our board, Joe has contributed tremendously to BBSI’s continued growth and success through his thoughtfulness, business acumen and leadership."

On the appointment, Clabby commented: "It is a privilege to assume this vice chairman role. I look forward to continuing to work closely with my fellow directors and the management team on positioning the business for enhanced value creation."

Clabby joined BBSI as director in September 2022. He spent over twenty years with ACE Limited and then Chubb (NYSE: CB) following its merger with ACE in a number of senior executive positions, including board roles at several affiliated companies. Prior to ACE and Chubb, he held underwriting, broker and executive roles with leading insurance and reinsurance organizations including Alexander & Alexander, Willis Group and Swiss Re.

About BBSI

BBSI (NASDAQ: BBSI) is a leading provider of business management solutions, combining human resource outsourcing and professional management consulting to create a unique operational platform that differentiates it from competitors. The Company’s integrated platform is built upon expertise in payroll processing, employee benefits, workers’ compensation coverage, risk management and workplace safety programs, and human resource administration. BBSI’s partnerships help businesses of all sizes improve the efficiency of their operations. The company works with more than 8,000 clients across all lines of business and is licensed to operate in all 50 states. For more information, please visit www.bbsi.com.

Investor Relations
Gateway Group, Inc.
Cody Slach
Tel 1-949-574-3860
BBSI@gateway-grp.com  


FAQ

When did BBSI create the vice chairman role and appoint Joseph Clabby?

BBSI created the vice chairman role and appointed Joseph Clabby in December 2023.

What is Joseph Clabby's experience before joining BBSI's board?

Clabby spent over twenty years with ACE and Chubb in senior executive positions, and held roles at Alexander & Alexander, Willis Group, and Swiss Re.

When did Joseph Clabby first join BBSI's board of directors?

Joseph Clabby joined BBSI's board as director in September 2022.

How does the vice chairman appointment align with BBSI's corporate strategy?

The appointment aligns with BBSI's board development and succession planning process, aimed at positioning the business for enhanced value creation.

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