Spherion

Last updated
Spherion
Industry Recruitment
Founded1946
FounderLeroy Dettman
Headquarters Atlanta, Georgia, US
Key people
Rebecca Rogers Tijerino (CEO)
Owner Randstad Holding
Website www.spherion.com

Spherion [1] is a North American temporary work agency [2] [3] headquartered in Atlanta, Georgia, that operates under a variety of brand names. [2]

Contents

History

Spherion was first known as City Car Unloaders, a Chicago [4] [5] [6] company created by Leroy Dettman and Joseph Perfetto in 1946. [2] [7] [8] They initially placed manual laborers in temporary jobs loading cargo. [4] Filling temporary clerk jobs was a service the company only later added. [4]

The company relocated from Chicago to Fort Lauderdale in 1969. [8]

By 1978, the firm was doing business as Personnel Pool of America, Inc, and was acquired by H&R Block. [8] 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. [9] Interim [10] acquired a number of other companies over the next few years. [11]

The company, which changed its name to Spherion in 2000, [9] [11] was acquired by Randstad Holding in July 2011. [12] [13]

Brands

Spherion has done business under a variety of brand names. The following brands are more or less current: Emerging Workforce, [2] The Mergis Group, [2] [3] [14] [15] SFN Group, [2] Sourceright Solutions, [2] [3] [16] Spherion, Spherion Recruitment Process Outsourcing, [2] [17] Spherion Staffing Services, [3] Tatum, [3] [18] Technisource [2] [3] [19] Victor Temporary Services, [8] Professional Nurses Bureau, [8] and Today's Office Professionals. [2] [3]

Leadership

Cinda Hallman, a member of Spherion's board of directors beginning in early 1995, [20] replaced Raymond Marcy as Chief Executive Officer in 2001, a role that Marcy had held for over a decade. [11] 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. [11]

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]

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References

  1. "Spherion Corporation". The New York Times .
  2. 1 2 3 4 5 6 7 8 9 10 SFN: Profile for SPHERION CORP - SGN Group Inc Yahoo! FINANCE
  3. 1 2 3 4 5 6 7 About Us: Spherion: Recruiting & Staffing Excellence Spherion Official Site
  4. 1 2 3 History: Spherion: A Pioneer in Staffing & Workforce Management Spherion Official Site
  5. Laurie Pasiuk (2006). Vault Guide to the Top Business Services Employers.
  6. "Consultis 4401 N Federal Hwy Boca Raton, FL Employment ..."
  7. "Barbara "DragonFISH" Fleming".
  8. 1 2 3 4 5 "H&R Block plans to merge unit with Personnel Pool". Sun-Sentinel . December 18, 1990.
  9. 1 2 Joanne Gordan. "Desperate Times". Forbes .
  10. and successor-named Spherion
  11. 1 2 3 4 Joan Fleischer Tamen (April 11, 2001). "Spherion replaces CEO amid an earnings slide". Sun-Sentinel .
  12. Michael J. de la Merced (July 20, 2011). "Randstad to Buy SFN for $710 Million". The New York Times .
  13. "History". Archived from the original on June 30, 2013. Retrieved July 9, 2013. Randstad Official Site
  14. Staffing and Recruiting Excellence SFN Group: Staffing and Recruiting Excellence The Mergis Group Official Site
  15. Survey by the Mergis Group Shows Decline in Overall Confidence for Accounting and... | Reuters
  16. SFN Group: Industry Leaders for 60 Years Sourceright Official Site
  17. Marcia Heroux Pounds. "Spherion to tap Outsourcing". Sun-Sentinel .
  18. Tatum & SFN Group: Tatum is a division of SFN Group, Inc. Tatum Official Site
  19. SFN Group: Built On A Foundation Of Strength; About SFN Group Technisource Official Site
  20. "Spherion Announces Dupont Executive to Be New President and CEO". Bloomberg News . April 10, 2001.
  21. 26 firms, 1994-2001
  22. "Spherion will take its London subsidiary public". The New York Times . January 20, 2001.
  23. "Spherion Unit Is Acquired". The New York Times . March 5, 2003.