ASGN Incorporated Announces Key Leadership Updates
January 03 2022 - 4:05PM
Business Wire
Approves New Share Repurchase
Program
ASGN Incorporated (NYSE: ASGN), a leading provider of IT
services and professional solutions, including technology,
creative, and digital, across the commercial and government
sectors, announced effective today several changes to its
leadership team.
- Rand Blazer, President of Apex Systems, LLC, has been promoted
to President of ASGN
- Sean Casey, COO, has been promoted to President of Apex
Systems, LLC
- Matt Riley, COO, has been promoted to President of Creative
Circle, LLC
- John Heneghan, COO, has been promoted to President of ECS
Federal, LLC
- Shane Lamb continues in his position as the President of
CyberCoders, Inc.
- George Wilson has retired as President of ECS Federal, LLC
effective today and will remain as an Executive Advisor for three
months to complete the transition to John Heneghan
“These are exciting times at ASGN, and the promotions of Rand,
John, Sean and Matt are all very well deserved,” said ASGN Chief
Executive Officer, Ted Hanson. “I have full confidence that their
transitions into these new roles will be seamless and that our
Company will not miss a beat. At the same time, on behalf of the
Board of Directors and our entire executive management team, I
would like to thank George for his incredible service and
contributions to our Company since ASGN acquired ECS in 2018.
George will certainly be missed, but he leaves a fully capable team
under John’s leadership primed for continued success as we embark
upon the new calendar year.”
Share Repurchase Program
The Company also announced today that its Board of Directors
approved a new stock repurchase program under which the Company may
repurchase up to $350 million of its common stock through December
2023. As designated by the terms of the program, purchases can be
made in the open market or under a Rule 10b5-1 trading plan. The
stock repurchase program does not obligate the Company to acquire
any particular amount of the Company’s stock and may be suspended
at any time at the Company’s discretion.
About ASGN Incorporated
ASGN Incorporated (NYSE: ASGN) is a leading provider of IT
services and professional solutions, including technology,
creative, and digital, across the commercial and government
sectors. ASGN helps leading corporate enterprises and government
organizations develop, implement and operate critical IT and
business solutions through its integrated offering of professional
staffing and IT solutions. ASGN’s mission is to be the most trusted
partner for companies seeking highly skilled human capital and
integrated solutions to fulfill their strategic and operational
needs. For more information, visit us at asgn.com.
Safe Harbor
Certain statements made in this news release are
“forward-looking statements” within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, and involve a high
degree of risk and uncertainty. Forward-looking statements include
statements regarding our anticipated financial and operating
performance.
All statements in this release, other than those setting forth
strictly historical information, are forward-looking statements.
Forward-looking statements are not guarantees of future
performance, and actual results might differ materially. In
particular, we make no assurances that the estimates of revenues
and Adjusted EBITDA will be achieved. Factors that could cause or
contribute to such differences include actual demand for ASGN
services, the Company’s ability to attract, train and retain
qualified staffing consultants, the Company’s abilities to remain
competitive in obtaining and retaining clients, the availability of
qualified contract professionals, management of growth, continued
performance and improvement of enterprise-wide information systems,
the Company’s ability to manage litigation matters, the successful
integration of recent or future acquisitions and demand for each of
our services and other risks detailed from time to time in reports
filed with the SEC, including ASGN's Annual Report on Form 10-K for
the year ended December 31, 2020, as filed with the SEC on March 1,
2021. We specifically disclaim any intention or duty to update any
forward-looking statements contained in this news release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220103005411/en/
Ed Pierce ASGN Chief Financial Officer 818-878-7900
Kimberly Esterkin Addo Investor Relations 310-829-5400
kesterkin@addo.com
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