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Kelly Services Announces Planned Retirement of Chief Financial Officer
| Source: Kelly Services
TROY, MI--(Marketwire - August 15, 2007) - Kelly Services, Inc. (NASDAQ : KELYA ) (NASDAQ : KELYB ), a global provider of human resources solutions, today announced
that William K. Gerber, Executive Vice President and Chief Financial
Officer, plans to retire effective December 31, 2007. Mr. Gerber intends
to form a private investment fund and continue his public company board
service.
Carl T. Camden, President and Chief Executive Officer, commented, "I want
to thank Bill for his substantial contributions over a nearly 10 year
career as CFO of Kelly Services. Bill has been a key member of the
leadership team and has been instrumental in helping guide our growth. We
are grateful for his years of service and wish him continued success in his
retirement endeavors."
Following Mr. Gerber's retirement, Michael E. Debs, currently the company's
Senior Vice President and Corporate Controller, will serve as CFO on an
interim basis while the company considers internal and external candidates
to fill the CFO position.
Mr. Debs joined the company in 2000, and has served as Senior Vice
President and Corporate Controller since 2005. Mr. Debs has extensive
financial and accounting experience, having held a number of financial
positions at Chrysler Corporation and Deloitte & Touche.
About Kelly Services
Kelly Services, Inc. (NASDAQ : KELYA ) (NASDAQ : KELYB ) is a Fortune 500
company headquartered in Troy, Michigan, offering human resources solutions
that include temporary staffing services, outsourcing, vendor on-site and
full-time placement. Kelly operates in 33 countries and territories. Kelly
provides employment to more than 750,000 employees annually, with skills
including office services, accounting, engineering, information technology,
law, science, marketing, creative services, light industrial, education,
and health care. Revenue in 2006 was $5.5 billion. Visit
www.kellyservices.com.