Kelly Svcs Inc - KELYA STOCK NEWS

Kelly Professional & Industrial has enhanced its leadership team with the appointment of Jennifer Knippenberg as Vice President and Chief Recruiting Officer and Carla McKelvey as Vice President and North Market Lead. With extensive experience in talent acquisition and digital transformations, they aim to strengthen recruiting operations and improve client experiences during a challenging labor market. Both leaders bring over 50 years of combined expertise to the company, reinforcing Kelly's commitment to support businesses in attracting skilled professionals.

KellyOCG's 2021 Global Workforce Agility survey highlights the challenges organizations face in adapting to a post-pandemic work environment. Conducted with over 1,000 senior executives globally, the survey reveals that 59% intend to adopt a hybrid model, yet 25% feel unprepared to manage their workforce effectively. Notably, only 43% have developed a comprehensive diversity, equity, and inclusion strategy. In contrast, 'Vanguard' companies demonstrate improved employee wellbeing and revenue through strategic workforce management, emphasizing the importance of talent as a competitive advantage.

Kelly Education has appointed Dr. Michael Plater as vice president and practice leader for higher education to tackle staffing challenges in academia caused by the COVID-19 pandemic. Dr. Plater aims to innovate college workforce solutions, expanding services to include adjunct talent management. With over 30 years of experience in higher education, he plans to collaborate with institutions to address enrollment and staffing needs. Kelly Education partners with over 300 colleges nationwide, and under Plater's leadership, aims to enhance academic staffing solutions moving forward.

On July 12, 2021, Kelly announced the appointment of Darren Simons as Chief Digital Officer. He will lead the company’s digitization initiatives and focus on developing tech-enabled solutions to transform business processes. Reporting to CEO Peter Quigley, Simons brings over 25 years of experience from industry leaders like Manpower and Allegis. His role aligns with Kelly's strategy to enhance digital capabilities in response to accelerated digital adoption due to the pandemic, aiming to better address workforce demands.

Kelly (Nasdaq: KELYA, KELYB) announced its participation in the Sidoti Virtual Investor Conference on June 24, 2021. Key executives, including CEO Peter Quigley and CFO Olivier Thirot, will discuss the company's strategy and performance. The presentation starts at 8:30 a.m. ET and will be accessible on the company's website. Kelly, a leader in talent solutions, directly employs approximately 370,000 people globally and generated $4.5 billion in revenue in 2020, connecting skilled workers with employers across various sectors.

KellyOCG held its ninth annual Supplier Excellence Awards honoring 23 suppliers across North America, EMEA, and APAC for exceptional talent solutions. This year's event featured awards for diversity-owned suppliers and recognized outstanding performance with the Rookie of the Year and Going the Extra Mile awards. The winners were evaluated based on their support of KellyOCG programs and operational compliance. With a network of 3,000 partners in 140 countries, KellyOCG continues to strengthen its global talent supply chain, facilitating workforce solutions to meet client demands.

Kelly, a leading talent solutions provider (Nasdaq: KELYA, KELYB), will participate in the Barrington Research Virtual Spring Investment Conference on May 27, 2021. Key executives, including Peter Quigley, Olivier Thirot, and James Polehna, will engage in virtual meetings. The company had a revenue of $4.5 billion in 2020 and employs nearly 370,000 globally.

Kelly Services has launched a new technology brand, Kelly Helix, along with the Helix UX platform aimed at enhancing the Managed Service Provider (MSP) experience. This AI-driven portal offers a unified access point for clients to manage gig workers and track inquiries efficiently. It integrates seamlessly with existing technologies and is customizable to client needs. Kelly's investments in technology, especially in automation and AI, are poised to usher in an era of Intelligent Staffing, optimizing workforce strategies and improving talent management.

Kelly (Nasdaq: KELYA, KELYB) reported Q1 2021 revenue of $1.2 billion, reflecting a 4.4% decline year-over-year, with a 5.5% decrease in constant currency. Operating earnings reached $10.6 million, a significant recovery from a $111.8 million loss in Q1 2020, which included a goodwill impairment charge. Earnings per share for Q1 2021 stood at $0.64, boosted by a non-cash gain from Persol Holdings investment. The company highlighted strong demand across various segments and plans for further growth through M&A activities, noting that current demand exceeds pre-pandemic levels.