BNET Industries
Market Cap:$522.6M
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. DunkelNumber of Employees 2,029
Peer Companies
NAICS Code Professional Employer Organizations: 561330
Recent Events
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Kforce revenue up for first time since 2Q 2008
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Kforce Releases 2010 Salary & Employment Guides
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Kforce reports continued earnings decline, looks to acquisitions
News & Analysis
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kforce inc. - All News and Analysis
Kforce Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions We’ll take our first question from. It comes from Kevin McVeigh with Credit Suisse. Kevin McVeigh – Credit Suisse Great. Hey, great job on the quarter in obviously a very, very difficult environment. I wonder given the sequential uptick in Tech Flex, do you think...
Kforce, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Kevin Mcveigh – Credit Suisse. Kevin Mcveigh – Credit Suisse I wonder if you could give us a sense of where you think we are in the cycle today relative to the last cycle. It sounds like we're in a...
Kforce, Inc. Q2 2009 Earnings Call Transcript
Kforce, Inc. KFRC Q2 2009 Earnings Call August 4, 2009 5:00 pm ET
Kforce Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And we'll go first to Kevin McVeigh with Credit Suisse. Kevin McVeigh - Credit Suisse Great, thank you very much. Hey, nice churn in the quarter in obviously very difficult environment. David Dunkel Thank you, Kevin. Kevin McVeigh - Credit Suisse You are welcome. I...
Kforce Inc. 4Q08 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll go first to Mark Marcon with R.W. Baird. Mark Marcon – Robert W. Baird & Co., Inc. On the tech flex side, your performance is better than I would have expected given the macro backdrop. Can you talk about how it seems...
Kforce Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from Michael Baker – Raymond James. Michael Baker – Raymond James & Associates Thanks for that. I know in the past you have had some success with government programs, kind of stabilize financial system with the [RTC]. I am just wondering...
Kforce Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions and our first question will come from Mark Marcon with Robert W. Baird. Mark Marcon - Robert W. Baird I was wondering, with regards to the monthly trends that you are seeing just on the IT side, can you talk a little bit more about...
Kforce Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions We'll take our first question from Jim Janesky, Stifel Nicolaus. Jim Janesky - Stifel Nicolaus Yes, good morning. A couple of questions, when you look at financial services as a vertical you did say it's roughly 14% of revenues. How does that mix between Flex...
Kforce Inc. to Celebrate 10 Years of Trading on The NASDAQ Stock Market on August 16, 2005
TAMPA, Fla. -- Kforce Inc. (NASDAQ:KFRC), a professional staffing firm, today announced that it will open The NASDAQ Stock Market in a special event on August 16, 2005. The event celebrates the Company's 42 years in business and tenth NASDAQ trading anniversary. The Company's Chairman and CEO, David L. Dunkel...
Kforce Inc. To Present at the Bear Stearns Sixth Annual Computer & Business Services Conference
TAMPA, Fla. -- Kforce Inc. (NASDAQ:KFRC), a professional staffing firm, today announced that it will present at the Bear Stearns Sixth Annual Computer & Business Services Conference in New York on Tuesday, June 7, 2005 at 3:25 p.m. ET. The live webcast of this presentation will be available in...
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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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