BNET Industries
Market Cap:$117.5M
Last Fiscal Year Sales:$280.4M
- Public
- US
Dow Jones Description
Barrett Business Services, Inc. (Barrett, the Company or we), a Maryland corporation, offers a comprehensive range of human resource management services to help small and medium-sized businesses manage the increasing costs and complexities of a broad array of employment-related issues. The Companys principal services, professional employer organization (PEO) services and staffing services, assist its clients in leveraging their investment in human capital. The Company believes that the combination of these two principal services enables it to provide clients with a unique blend of services not offered by the Companys competition. Barretts platform of outsourced human resource management services is built upon expertise in payroll processing, employee benefits and administration, workers compensation coverage, effective risk management and workplace safety programs, and human resource administration. To provide PEO services to a client, the Company enters into a contract to become a co-employer of the clients existing workforce and Barrett assumes responsibility for some or all of the clients human resource management responsibilities. PEO services are normally used by organizations to satisfy ongoing human resource management needs and typically involve contracts with a minimum term of one year, renewable annually, which cover all employees at a particular work site. ...
Co-Owner and Chief Executive Officer of Justesen Ranches Located In Eastern Oregon
Jon L. JustesenNumber of Employees 33,220
Contact Information
8100 NE Parkway Dr Ste 200
Vancouver, Washington 98662
(360) 828-0700
Peer Companies
NAICS Code Professional Employer Organizations: 561330
Recent Events
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Barrett Business BBSI Declares $0.08 Quarterly Dividend; 2.8% Yield
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Barrett Business Services Q3 Profit Rises - Quick Facts
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BBSI Announces Second Quarter 2009 Operating Results, Financial Guidance For 3Q09, Declaration of Quarterly Cash...
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BBSI Announces Second Quarter 2009 Operating Results, Financial Guidance For 3Q09,...
News & Analysis
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barrett business services inc. and seeking alpha - All News and Analysis
Barrett Business Services Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Your first question comes from Josh Vogel – Sidoti and Company Josh Vogel – Sidoti & Company I guess my first question is more from a macro standpoint. I was wondering if you were seeing with your client base, are they starting to...
Barrett Business Services Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Josh Vogel – Sidoti & Company. Josh Vogel – Sidoti & Company I was wondering if there were any reforms or legislation floating around California that you think is either making you nervous or making you more positive on the...
Barrett Business Services, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Josh Vogel – Sidoti & Co. Josh Vogel – Sidoti & Co. Bill, glad to hear you are back full time. Bill Sherertz Somebody called me an asshole the...
Barrett Business Services Inc. Q4 2008 Earnings Call Transcript
Earnings Call ExcerptBarrett Business Services Inc. BBSI Q4 2008 Earnings Call February 11, 2009 12:00 pm ET Executives James D. Miller – Chief Financial Officer, Vice President, Finance William W. Sherertz – Chairman of the Board, President, Chief Executive Officer Michael L. Elich – Chief Operating Officer, Vice President...
BBSI: Unjustly Lumped With Traditional Staffing Firms
The Moneygardener submits: Barrett Business Services BBSI is one of several HR services companies currently on the magic formula list, a sign of the market’s pessimism regarding the economic outlook. We believe investors misperceive BBSI, however, as only 15% of revenue comes from staffing, while 85% comes from HR outsourcing...
Barrett Business Services, Inc. Q3 2008 (Qtr End 9/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Tobey Sommer - SunTrust Robinson Humphrey. Tobey Sommer - SunTrust Robinson I wanted Bill to get your perspective on workers’ comp looking out into 2009 and 2010 and maybe get your perspective on how you see the market hardening...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jon L. Justesen | Co-Owner and Chief Executive Officer of Justesen Ranches Located In Eastern Oregon |
| William W. Sherertz | President and Chief Executive Officer |
| James D. Miller | CFO, Treasurer, Controller & Secretary |
| Michael L Elich | Vice President and Chief Operating Officer |
| Michael Mulholland | Cfo, Treasurer, Secretary & Vice President, Finance |
| Gregory R. Vaughn | Vice President |
| Roger L Johnson | Founder and Managing Partner of Summa Global Advisors, LLC, An Investment Advisory Firm |
| Thomas J. Carley | Co-Founder of Portal Capital, Llc, An Investment Management Company |
| James B Hicks | Director of the Womens Cancer Genomics Initiative at Cold Spring Harbor Laboratory |
| Mickey Horton | Risk Manager |
| Jason Kim | Lead Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Anthony Meeker | Board of Directors |
| Nancy B. Sherertz | Board of Directors |
| Rodger L. Johnson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Buck Hollow Ranch | President | Current |
| Barrett Business Services, Inc. | Co-Owner and Chief Executive Officer of Justesen Ranches Located In Eastern Oregon | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Coldstream Capital Management, Inc. | Principal | Former |
| Justesen, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | President and Chief Executive Officer | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Virogenomics, Inc. | Chief Technology Officer | Former |
| Virogenomics, Inc. | Director | Former |
James D. Miller joined the Company in January 1994 as Controller. From 1991 to 1994, he was the Corporate Accounting Manager for Christensen Motor Yacht Corporation. Mr. Miller, a certified public accountant on inactive status, was employed by Price Waterhouse LLP, now known as PricewaterhouseCoopers LLP, from 1987 to 1991.
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | CFO, Treasurer, Controller & Secretary | Current |
| Barrett Business Services, Inc. | Vice President, Finance, Treasurer and Secretary | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Vice President and Chief Operating Officer | Current |
| Skills Resource Training Center | Chief Operating Officer | Former |
| Skills Resource Training Center | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Cfo, Treasurer, Secretary & Vice President, Finance | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
Gregory R. Vaughn joined the Company in July 1997 as Operations Manager. Mr. Vaughn was appointed Vice President in January 1998. Prior to joining Barrett, Mr. Vaughn was Chief Executive Officer of Insource America, Inc., a privately-held human resource management company headquartered in Portland, Oregon, since 1996. Mr. Vaughn has also held senior management positions with Sundial Time Systems, Inc. from 1995 to 1996 and Continental Information Systems, Inc. from 1990 to 1994. Previously, Mr. Vaughn was employed as a technology consultant by Price Waterhouse LLP, now known as PricewaterhouseCoopers LLP.
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Founder and Managing Partner of Summa Global Advisors, LLC, An Investment Advisory Firm | Current |
| Barrett Business Services, Inc. | Principal of Coldstream Capital Management, Inc., A Wealth Management Firm | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Co-Founder of Portal Capital, Llc, An Investment Management Company | Current |
| Barrett Business Services, Inc. | Chair | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Portal Capital LLC | Founder | Former |
| Organization | Position | Status |
|---|---|---|
| Virogenomics, Inc. | Chief Technology Officer | Current |
| Virogenomics, Inc. | Co-Founder | Current |
| Barrett Business Services, Inc. | Director of the Womens Cancer Genomics Initiative at Cold Spring Harbor Laboratory | Current |
| Virogenomics, Inc. | Director | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Exelixis, Inc. | Former | |
| AVI BioPharma, Inc. | Director | Former |
| Cambridge University | M.A. | Former |
| Columbia University | M.B.A degree | Former |
Mickey moved to San Diego from Boston in 1995 to see what opportunities he could discover on the West Coast. He found an opportunity all right when he came to Twin Oaks in the winter of 2001. By March of 2002 he was a new believer in Jesus Christ, with a new purpose and calling upon his life. He's a servant of servants, an avid student of the Bible, and a gifted teacher of spiritual truth. He works for Barrett Business Services INC as a Risk Manager in charge of multiple large northern California corporations. His wife, Julie, is the Children's Leader at Twin.
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Risk Manager | Current |
| Twin Oaks Community Church | Current |
| Organization | Position | Status |
|---|---|---|
| Hinshaw & Culbertson Llp | Partner | Current |
| Insurancebrokerlaw.Com | Partner | Current |
| Lawyeringlaw.Com | Partner | Current |
| Realestatebrokerlaw.Com | Partner | Current |
| Barrett Business Services, Inc. | Lead Counsel | Current |
| Chicago Cubs | Former |
Mr. Meeker retired in 2003 as a Managing Director of Victory Capital Management, Inc. (formerly known as Key Asset Management, Inc.) where he was employed for ten years. Mr. Meeker is Chairman of the Board of First Federal Savings and Loan Association of McMinnville and a director of Oregon Mutual Insurance Company. From 1987 to 1993, he was Treasurer of the State of Oregon.
| Organization | Position | Status |
|---|---|---|
| First Federal Savings | Chairman of the Board | Current |
| Oregon Mutual Insurance Company, Inc. | Director | Current |
| Barrett Business Services, Inc. | Board of Directors | Current |
| Victory Capital Management Inc. | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Barrett Business Services, Inc. | Board of Directors | Current |
Executive News
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5-Star Stocks Poised to Pop: Barrett Business
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