BNET Industries

Kforce Inc.

(KFRC) is in the Business Services Industry

Market Cap:$542.1M
Last Fiscal Year Sales:$997.0M
  • Public
  • US
Dow Jones Description

Kforce (NASDAQ: KFRC) is a full-service professional staffing firm providing contract and direct hire staffing solutions for hiring organizations and career management for job seekers in the following specialty skill areas: Technology, Finance & Accounting, Clinical Research, Scientific, Health Information Management, Healthcare, Government Solutions and Outsourcing Solutions. Through our OnStaff Group, we also serve: Title & Escrow, Mortgage, Banking & Credit Union, Professional Administrative and Insurance. Kforce's 2,000 staffing specialists operate 68 offices in 41 markets, bringing the value of over 40 years of experience to your staffing and career development needs.

Chairman & CEO
David L. Dunkel
Number of Employees 2,029
Contact Information

1001 E Palm Ave

Tampa, Florida 33605-3551

www.kforce.com

(813) 552-5000

NAICS Code Professional Employer Organizations: 561330

Recent Events

  • Kforce revenue up for first time since 2Q 2008

    11/04/09 - Financial Announcement - View Story

  • Kforce Releases 2010 Salary & Employment Guides

    10/08/09 - Product Announcement - View Story

  • Kforce reports continued earnings decline, looks to acquisitions

    8/04/09 - Financial Announcement - View Story

News & Analysis

kforce inc. and readers - All News and Analysis

Decision Makers

Name (plus bio) Position
Jeffrey Neal President, West
Kristin Ellis President, Health & Life Sciences
Kye Mitchell President, Atlantic
Larry M. Grant President, Kforce Government Solutions
Mark Biscoe President, North
William L Sanders President
David Kelly Vice President, Finance & Chief Financial Officer, KGH
Joseph J. Liberatore Chief Financial Officer
Michael L. Ettore Chief Services Officer
Peter M Alonso Chief Talent Officer
Randy Marmon Chief Customer Development Officer
Sam Farrell Chief Sales Officer
Andy Thomas Senior Vice President, National Champions and Product Management
Michael Blackman Senior Vice President, Investor Relations
Howard W Sutter Vice President, Mergers and Acquisitions
Elaine D. Rosen Director

Board of Directors

Name (plus bio) Position
David L. Dunkel Chairman & CEO
Gordon Tunstall Board of Directors
Jon N. Allred Board of Directors
Kevin McVeigh Board of Directors
Mark F. Furlong Board of Directors
Patrick D. Moneymaker Board of Directors
Ralph E. Struzziero Board of Directors
Richard M. Cocchiaro Vice Chairman
W.R. Carey, JR. Board of Directors

David L. Dunkel, has served as Kforce's Chairman, Chief Executive Officer and a director since its formation in 1994. Prior to August 1994, Dunkel served as President and Chief Executive Officer of Romac-FMA, one of Kforce's predecessors, for 14 years.

Organization Position Status
Kforce Inc. Chairman & CEO Current
Kforce Inc. Board of Directors Former
Babson College MBA in finance, both Former

Jeffrey Neal is President of the West Region of Kforce, responsible for management of Finance & Accounting and Technology staffing services. Neal came to Kforce through its merger with Hall Kinion. While serving as senior vice president for major accounts and the central region at Hall Kinion, he was a key contributor in growing revenues from $2.5 million to more than $190 million. He began his staffing industry career with Oxford and Associates in the Silicon Valley, joining Hall Kinion in 1994. Prior to that, he held management positions at a consumer sales and marketing firm. A graduate of the University of California, Santa Barbara, Neal also completed the Executive Management program at Stanford University. He is a respected authority and speaker on improving service and sales through behavioral differentiation, and is actively involved with the National Association of Computer Consultant Businesses, serving on the executive board of directors as secretary and treasurer.

Organization Position Status
Kforce Inc. President, West Current
Kforce Inc. Senior Vice President, Major Accounts Former
University of California, Santa Barbara Graduate Former
Stanford University The Executive Management Program Former

Kristin Ellis is President of Health & Life Sciences, which includes the Firm’s emerging niche business lines focused on Clinical Research and Healthcare. Ellis previously served as the President of Kforce Clinical Research (KCR). KCR provides staffing services and outsourcing solutions to the biopharmaceutical industry. KCR is the industry leader in functional outsourcing and is respected as a thought leader in innovative resource solutions to support clinical trials. Ellis joined Kforce, previously known as Romac International, in 1995. As a sales associate, she held recruiter and account manager roles while achieving Platinum level during her two years of production. As the leader of KCR since 1997, her team has grown revenues from $1 million to over $100 million and has been a consistent top performer. Ellis has been the recipient of several of the Firm’s most respected awards including President’s Club, Chairman’s Award, and the prestigious Dick Maddock Award. Prior to joining Kforce, Ellis worked in sales for Pulte Homes and Centex Homes, two of the nation’s largest home builders. Ellis attended Florida State University with studies in fashion merchandising and business.

Organization Position Status
Kforce Inc. President, Health & Life Sciences Current

Kye Mitchell is President of the Atlantic Region for Kforce providing Technology and Finance and Accounting Staffing. She is also responsible for Kforce Federal Staffing which provides staffing solutions to Federal Integrators and businesses nationally. Mitchell joined Kforce in 2005 through the acquisition of VistaRMS. She was President of VistaRMS which was a national IT consulting firm with a strong presence in the federal, financial and telecommunications industries. Mitchell was one of the founders of VistaRMS leading it to Inc Magazine’s #2 Fastest Growing Company. She has been in the industry since 1991 working for DMR Trecom prior to VistaRMS. Mitchell is a graduate of Penn State University where she received her Bachelor of Arts.

Organization Position Status
Kforce Inc. President, Atlantic Current

Organization Position Status
Kforce Inc. President, Kforce Government Solutions Current
Kforce Government Solutions, Inc. President and General Manager Current
Bradson Corporation President and General Manager Current
Pcci, Ltd. President, General Manager Former
General Dynamics Corporation Former
Gen Dynamics Corporation Former
Webster University Master's of Information Science Degree Former

Mark Biscoe is President of the North Region of Kforce, responsible for management of Finance & Accounting and Technology staffing services. Biscoe joined Kforce in 2004 as Market Vice President of New England and lead the region to Market of the Year in 2006. Subsequently, Biscoe was promoted to President of the Northeast in 2007 and was responsible for the leadership of all Technology and Finance & Accounting Staffing services in New England as well as New York/New Jersey. Biscoe has been a leader in the technology staffing industry for over 20 years in both the private marketplace as well as the public domain. Prior to joining Kforce, he was President of Intepros Consulting, Chief Operating Officer of Belenos, and President of Renaissance Worldwide, a large publicly held firm. At Renaissance (formerly The Registry), a global technology staffing and consulting services firm, Biscoe was a senior member of the executive team that was responsible for the leadership and growth from $20M in revenue to over $800M in an eight year time frame. Biscoe is a graduate of the University of Massachusetts/Amherst with a Bachelor of Science in Management.

Organization Position Status
Kforce Inc. President, North Current

William L. Sanders is the President of Kforce, which employs 2,000 staffing specialists operating from more than 61 offices in 41 markets in North America and two in the Philippines. Prior to joining the Firm in April 1999, he served as chief financial officer and treasurer of Old Kent Financial Corporation, a $14 billion commercial bank; chief financial officer and treasurer of Bank Plus Corporation, a $4 billion bank; and chief financial officer of H. F. Ahmanson, a $50 billion savings institution. Sanders previously served as a partner with Deloitte & Touche and was a senior manager with KPMG Peat Marwick. Sanders earned his Bachelor's and Master's Degrees from Southern Illinois University.

Organization Position Status
Kforce Inc. President Current
Bancplus Corporation chief financial officer Former
Deloitte Touche Tohmatsu partner Former
KPMG International senior manager Former
Southern Illinois University bachelor's and master's degrees Former

David Kelly serves as Senior Vice President of Finanace & Accounting. Kelly joined Kforce in 2000 as group finance officer for the technology solutions practice. Prior to that, he held positions at companies that included Selkirk Financial Technologies and Komatsu America Corporation, where he served as treasury director and vice president, controller of one of the operating companies. A graduate of the University of Illinois with a Bachelor's Degree in Finance, he received an MBA in Accounting and Finance from the University of Chicago Graduate School of Business.

Organization Position Status
Kforce Inc. Vice President, Finance & Chief Financial Officer, KGH Current
Kforce Inc. Chief Accounting Officer Former
Komatsu America Corporation Vice President Former
Komatsu America Corporation Treasury Director Former
Komatsu America Corporation Controller Former
Kforce Inc. Group Finance Officer Former
University of Chicago MBA in Accounting and Finance Former
University of Chicago Graduate School of Business MBA In Accounting and Finance Former
University of Illinois Bachelor’S Degree In Finance Former

Joseph Liberatore serves as Kforce's Chief Financial Officer and is responsible for Kforce's finance, accounting, treasury, legal, tax and insurance functions. He also serves as Executive Vice President of Kforce Inc. Liberatore joined Kforce in 1988, and was named Florida Personnel Consultant Rookie of the Year in 1989. In June 1999, Liberatore served as president of Kforce Interactive. As president of the interactive division, Liberatore was tasked with leading the transformation of the Kforce business model by blending and leveraging the competitive advantages of traditional staffing methodologies and emerging Web-based technologies. Liberatore has twice been the recipient of Kforce's Dick Maddock award. The award is given to the employee who best embodies the "spirit of Kforce" and exemplifies the company's core values of respect, trust and integrity. Prior to joining Kforce, Liberatore worked as a sales manager for Harris/Lanier, a Tampa-based telecommunications firm. He is a 1985 graduate of Oswego State University in New York.

Organization Position Status
Kforce Inc. Chief Financial Officer Current
Kforce Inc. President Former

Mike Ettore serves as Chief Services Officer and is responsible for the Kforce Technology Services organization and the Kforce Service Center organization which includes billing, credit, collections, accounts payable, marketing and communications. Ettore is also responsible for the Program Management Office, which provides oversight and coordination of enterprise level programs, projects and initiatives. In addition, he has responsibility for the Kforce Talent organization. Ettore joined Kforce in 1999 and has served as the Vice President – Leadership Development and Vice President – Operations. Prior to joining Kforce, Ettore served in the United States Marine Corps as an Infantry Officer, retiring in 1998 after 24 years of service. Ettore holds a Bachelor's Degree in Physical Education/Exercise Science from East Stroudsburg University and Master degrees in Business Administration and Management from Webster University.

Organization Position Status
Kforce Inc. Chief Services Officer Current
Kforce Inc. Vice President, Operations Former
Webster University MBA Former
East Stroudsburg University Bachelor’s Degree, Physical Education, Exercise Science Former

Peter M. Alonso serves as Chief Talent Officer and is responsible for the selection, attraction, training and development, performance management and inspiration of our Great People. Alonso previously served as President of Health & Life Sciences, which includes the Firm’s emerging niche business lines focused on Clinical Research and Health Information Management. Alonso joined Kforce in 1985 as an information technology sales associate and achieved the #1 I.T. Sales Performer of the Year award in 1988, 1989, and 1990. His accomplishments led to additional responsibilities as an I.T. Regional Vice President in 1991. Alonso grew and developed his region to be the Top Performing I.T. region in the Firm. His achievements resulted in his promotion to I.T. Division President in 1993. As a successful leader and innovator he was a recipient of numerous leadership awards to include the Chairman’s Award for exceptional performance, leadership and teamwork. In 1997, Alonso accepted his current position as Group President, Health & Life Sciences and in 2001, he joined the Firm’s Executive Committee. After graduating from Denison University (Ohio), with a Bachelor of Arts Degree in Economics, he began his career with Zenith Electronics Corporation.

Organization Position Status
Kforce Inc. Chief Talent Officer Current
Kforce Inc. President, Health and Life Sciences Former
Kforce Inc. Regional Vice President, I.T Former
Kforce Inc. Sales Associate, It Former
Zenith Electronics Corp. NA Former
Kforce Inc. Board of Directors Former
Denison University Bachelor of Arts Degree In Economics Former

Randy Marmon is the Chief Customer Development Officer and is primarily responsible for the resources that enable further development of our customer base (both the client customer and the candidate customer), sales processes, sales initiatives and delivery alternatives. Marmon joined what was then Romac International in 1992 as marketing consultant and was promoted to marketing director after being named Rookie of the Year in 1993 and Consultant of the Year in 1994. He was promoted to division vice president for the Firm’s largest temporary division, Atlanta, in 1995 and then to a series of corporate positions beginning in 1997. He served as Vice President for major/national accounts, Vice President for strategic business relationships, Vice President for business development and most recently, as President for the East Region, where he was responsible for development and oversight of the Firm's professional services within the 10-state region. A graduate of the University of Central Florida with a B.S.B.A. Degree in Accounting, Marmon began his career with Northrup & Howard CPAs.

Organization Position Status
Kforce Inc. Chief Customer Development Officer Current
Kforce Inc. President, East Former
Kforce Inc. Vice President, Business Development Former
The Firm LLC division vice president Former
Kforce Inc. Consultant Former
University of Central Florida B.S.B.A. Degree In Accounting Former

SAM! Farrell serves as Chief Sales Officer and is responsible for the development and implementation of strategic and tactical sales initiatives and leadership of the national accounts group. Prior to becoming chief sales officer, Farrell served as group president of Kforce’s Health Information Management division. Farrell joined Kforce as a recruiter in 1998. She was promoted to Market Manager and then Market Director prior to becoming group president. Farrell began her career with Robert Half International. Farrell is a graduate of Oglethorpe University with a B.A. in Education.

Organization Position Status
Kforce Inc. Chief Sales Officer Current
Kforce Inc. Group President, Health Information Management division Former
Kforce Inc. Market Director Former
Kforce Inc. Market Manager Former
Robert Half International Inc. Associate Former
Kforce Inc. Recruiter Former
Oglethorpe University B.A. in Education Former

Andrew Thomas serves as Senior Vice President responsible for the National Champions team and Field training. He has served in this role since January 2002. Thomas joined Kforce in Boston in 1997. Prior to his current role he was a regional director and later worked in the role of vice president of F&A Flexible Staffing in the Northeast. Prior to joining Kforce, Thomas spent more than eight years with Accountpros Inc. where he served as an account manager, account representative, branch manager and regional manager.

Organization Position Status
Kforce Inc. Senior Vice President, National Champions and Product Management Current
Kforce Inc. Regional Director Former
Accountpros Account Manager Former
Accountpros Account Representative Former

Michael R. Blackman joined Kforce in 1992. Blackman currently serves as Senior Vice President of Investor Relations at Kforce and is a member of the Firm's Executive Committee. Previously at Kforce, Blackman served as Director of Selection and as a Senior Consultant in the Health & Life Sciences division. While there, Blackman attained membership in the Firm's exclusive President's Club in recognition of superior performance and client service. Before joining the Firm in January 1992, Blackman was a sole practitioner and also served with a regional, boutique, retained search firm. Blackman acquired his initial staffing industry experience with Barton Sans International, New York, where he worked with an internationally renowned clientele across a diverse industry spectrum. Blackman is a graduate of Johnson College.

Organization Position Status
Kforce Inc. Senior Vice President, Investor Relations Current
Kforce Inc. Director, Selection Former
Kforce Inc. Senior Consultant, Healthcare Services Division Former

Howard W. Sutter, has served as Kforce's director since its formation in 1994. Sutter currently serves as Vice Chairman and oversees mergers and acquisitions. Prior to August 1994, Sutter served as Vice President of Romac-FMA (1984-1994) and Division President of Romac-FMA's South Florida location (1982-1994).

Organization Position Status
Kforce Inc. Vice President, Mergers and Acquisitions Current
Kforce Inc. Vice Chairman Current
Kforce Inc. Controller, Regional Airline Former
Kforce Inc. Board of Directors Former

Elaine D. Rosen, has served as a director of Kforce since June 2003. Rosen currently serves as the Chair of the The Kresge Foundation's Board of Trustees. From 2001-2004, Rosen served as the Chair of the Capital Campaign for Preble Street Resource Center, a collaborative for the homeless and low income community in Portland, Maine, a volunteer position. From 1975 to March 2001, Rosen held a number of positions with Unum Life Insurance Company of America. Rosen serves as trustee or director of several non-profit organizations and is also a director of AAA of Northern New England, a travel club serving Maine, New Hampshire and Vermont, and Downeast Energy Corp., a provider of heating products and building supplies, and is the Chair of the Board of The Kresge Foundation.

Organization Position Status
Kforce Inc. Director Current
Unum Life Insurance Company of America President Former

A. Gordon Tunstall, has served as a director of Kforce since October 1995. He is the founder of, and for more than 25 years has served as President of, Tunstall Consulting, Inc., a provider of strategic consulting and financial planning services. Tunstall previously served as a director for JLM Industries, Inc., Orthodontics Center of America, Inc. and Discount Auto Parts, Inc.

Organization Position Status
Kforce Inc. Board of Directors Current
Tunstall Consulting, Inc President Former
Tunstall Consulting, Inc Owner Former

Organization Position Status
Arg LLC President Current
Kforce Inc. Board of Directors Current

Organization Position Status
Kforce Inc. Board of Directors Current

Mark F. Furlong, has served as a director of Kforce since July 2001. He currently serves as the CEO of Marshall & Ilsley Corporation (since April 2007) and has served as President of Marshall & Ilsley Corporation since July 2004. Furlong previously served as Chief Financial Officer of Marshall & Ilsley Corporation from April 2001 to October 2004. Furlong's prior experience also includes service as an audit partner with Deloitte & Touche LLP.

Organization Position Status
Kforce Inc. Board of Directors Current

Organization Position Status
Proxy Aviation Systems, Inc Chief Executive Officer Current
Kforce Inc. Board of Directors Current
Kforce Inc. CEO, Kforce Government Holdings Inc. Former

Organization Position Status
University of Southern Maine Adjunct Professor Current
Kforce Inc. Board of Directors Current

Richard M. Cocchiaro, has served as a director of Kforce since its formation in August 1994. He currently serves as Vice Chairman. Previously, Cocchiaro served as Vice President of National Accounts for Kforce from 2000 to 2004, Vice President of Strategic Alliances for Kforce.com Interactive (1999) and National Director of Strategic Solutions within Kforce's emerging technologies group (1994-1999).

Organization Position Status
Kforce Inc. Vice Chairman Current
Kforce Inc. Director Former

W. R. Carey, Jr., has served as a director of Kforce since October 1995. He is currently the Chairman and Chief Executive Officer of Corporate Resource Development, Inc., an Atlanta, Georgia based sales and marketing consulting and training firm which began in 1981 and assists some of America's largest firms in design, development and implementation of strategic and tactical product marketing. Carey is the National Chairman of the Council of Growing Companies and has served on the Board of Directors of Lime Energy Corp. since March 2006. Carey previously served on the Board of Directors of Outback Steakhouse, Inc. from 1992 to June 2007.

Organization Position Status
OSI Restaurant Partners, Inc. President Former
Lime Energy Co. Director Current
OSI Restaurant Partners, Inc. Board of Directors Current
Kforce Inc. CEO Former
OSI Restaurant Partners, Inc. Founder, Corporate Resource Development Former
Kforce Inc. Corporate Resource Development Former
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     KFRC $13.94 -0.04 (-0.29% )
Average Volume 168,170
Shares Outstanding 38.89M
Market Cap 542.1M
Year High 14.25
Year Low 5.44
Earnings Per Share -2.48
P/E Ratio -5.62
Dividend N/A
Yield N/A
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