HireQuest, Inc. Announces New Vice President of VetsQuest

Rhea-AI Summary

HireQuest, Inc. (NASDAQ: HQI) has appointed retired Marine Corps Colonel C.J. Williams as Vice President of VetsQuest, a new initiative aimed at providing employment and franchise opportunities for U.S. military veterans. With over 30 years of military leadership, Col. Williams will enhance HireQuest's efforts to assist veterans in transitioning to civilian careers. The company operates over 200 franchisee-owned offices across the U.S., employing around 60,000 individuals annually in various sectors.

Positive

• Appointment of Col. C.J. Williams enhances HireQuest's initiative for veterans.
• VetsQuest aims to provide targeted employment and franchise opportunities for military veterans.

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• None.

Retired United States Marine Corps Colonel C.J. Williams Will Lead Military Veteran Initiatives

GOOSE CREEK, S.C.--(BUSINESS WIRE)-- HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand, temporary, and commercial staffing services, today announced the hiring of retired United States Marine Corps Colonel C. J. Williams as Vice President of VetsQuest, powered by HireQuest, a mission-focused initiative to provide employment and franchise ownership opportunities for United States military veterans and their families.

In this newly created role, Col. Williams will lead HireQuest’s national efforts to provide opportunities for service members and veterans to leverage their military experience as they transition to the private sector.

“Colonel Williams joins HireQuest with over 30 years of leadership and military experience,” commented Rick Hermanns, HireQuest’s President and Chief Executive Officer. “A core mission of HireQuest is to provide opportunities to people, whether connecting them with temporary or permanent employment, or enabling them to own their own business as a franchisee. This is especially important for military veterans and we’re confident that Col. Williams has the right mix of skills and experience to help us better serve them.”

About Colonel C.J. Williams (USMC, Ret.)

Colonel C.J. Williams is the Vice President of VetsQuest. Prior to joining the company, Col. Williams spent over 30 years in the United States Marine Corps, most recently serving as Chief of Staff for the Marine Corps Recruit Depot Parris Island & Eastern Recruiting Region. In addition to his most recent post, Col. Williams served in senior leadership positions for the Marine Corps both in the United States and around the world.

Col. Williams graduated with a Masters of Arts in National Security Studies from the US Naval War College. He obtained his B.A. in Finance from Western Michigan University.

About HireQuest

HireQuest, Inc. is a nationwide franchisor that provides on-demand labor and commercial staffing solutions in the light industrial, blue-collar, and commercial segments of the staffing industry for HireQuest Direct, HireQuest, Snelling, and LINK franchised offices across the United States. Through its national network of over 200 franchisee-owned offices in more than 35 states and the District of Columbia, HireQuest provides employment for approximately 60,000 individuals annually that work for thousands of customers in numerous industries including construction, light industrial, manufacturing, hospitality, clerical, medical, travel, and event services. For more information, visit www.hirequest.com.

Important Cautions Regarding Forward-Looking Statements

This news release includes, and the company’s officers and other representatives may sometimes make or provide certain estimates and other forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act, including, among others, statements with respect to future economic conditions, future revenue or sales and the growth thereof; operating results; anticipated benefits of the acquisition of Snelling and/or LINK, or the status of integration of those entities. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods.

While the company believes these statements are accurate, forward-looking statements are not historical facts and are inherently uncertain. They are based only on the company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. The company cannot assure you that these expectations will occur, and its actual results may be significantly different. Therefore, you should not place undue reliance on these forward-looking statements. Important factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by the company include the following: the level of demand and financial performance of the temporary staffing industry; the financial performance of the company’s franchisees; changes in customer demand; the effects of any global pandemic including the impact of COVID-19; the relative success or failure of acquisitions and new franchised offerings; the extent to which the company is successful in gaining new long-term relationships with customers or retaining existing ones, and the level of service failures that could lead customers to use competitors’ services; significant investigative or legal proceedings including, without limitation, those brought about by the existing regulatory environment or changes in the regulations governing the temporary staffing industry and those arising from the action or inaction of the company’s franchisees and temporary employees; strategic actions, including acquisitions and dispositions and the company’s success in integrating acquired businesses including, without limitation, successful integration following the acquisitions of Snelling and LINK; disruptions to the company’s technology network including computer systems and software; natural events such as severe weather, fires, floods, and earthquakes, or man-made or other disruptions of the company’s operating systems; and the factors discussed in the “Risk Factors” section and elsewhere in the company’s most recent Annual Report on Form 10-K.

Any forward-looking statement made by the company or its management in this news release is based only on information currently available to the company and speaks only as of the date on which it is made. The company and its management disclaim any obligation to update or revise any forward-looking statement, whether written or oral, that may be made from time to time, based on the occurrence of future events, the receipt of new information, or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210913005650/en/

HireQuest, Inc.

Cory Smith, CFO

(800) 835-6755

Email: cssmith@hirequest.com

Investor Relations Contact:

Hayden IR

Brett Maas

(646) 536-7331

Email: brett@haydenir.com

Source: HireQuest, Inc.

FAQ

What is HireQuest's new initiative for veterans?

HireQuest's new initiative, VetsQuest, is aimed at providing employment and franchise ownership opportunities for U.S. military veterans.

Who is leading HireQuest's VetsQuest initiative?

Retired Marine Corps Colonel C.J. Williams is appointed as Vice President to lead the VetsQuest initiative.

How many employees does HireQuest have?

HireQuest employs approximately 60,000 individuals annually across its franchisee-owned offices.

What is the stock symbol for HireQuest, Inc.?

The stock symbol for HireQuest, Inc. is HQI.

What experience does Colonel C.J. Williams bring to HireQuest?

Colonel C.J. Williams brings over 30 years of military leadership experience to HireQuest, enhancing its veteran initiatives.