BNET Industries
Market Cap:$237.0M
Last Fiscal Year Sales:$618.0M
- Public
Dow Jones Description
On Assignment, Inc., is a leader in placing scientific, information technology, engineering and healthcare professionals in short-term, long-term, and contract-to-hire job assignments. By taking a distinctly different approach to contract staffing, we're changing the world at work. Our staffing consultants are the key. Recruited from among our most talented and dedicated professionals, they join the On Assignment team. Their experience and understanding gives distinct advantages to the people they serve. Clients get the best person for the job, the first time - usually in 24 to 48 hours. And our staffing employees discover that contract work can make an exciting and rewarding career. On Assignment is diversified into several key divisions. Each of these divisions offer our clients and candidates dedicated knowledge and resources. On Assignment Lab Support - As a recognized leader in scientific staffing, On Assignment Lab Support provides contract, contract-to-hire and direct hire placement services. ...
CEO, Oxford Global Resources
Michael J. McGowanNumber of Employees 1,134
Contact Information
Peer Companies
NAICS Code Temporary Help Services: 561320
Recent Events
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Weekly Downbeat Guidance Newsbytes (Nov.2-Nov.6)
News & Analysis
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on assignment inc. - All News and Analysis
On Assignment, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructionsYour first call comes from the line of James Janesky with Stifel Nicolaus James Janesky - Stifel Nicolaus First question is on the margins within the IT segment, IT and engineering segments. I think looking back that these while still very strong were either among...
On Assignment Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question is from Andrew Fones – UBS Andrew Fones – UBS First of all, I wanted to ask if you could quantify the impact of the annual savings from the cost cuttings that you've announced, and when you started to...
On Assignment Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from Jim Janesky – Stifel Nicolaus. James Janesky – Stifel Nicolaus & Company, Inc Yes, hi, this question is for Mike McGowan. Mike can you, you’ve been working with Oxford and in the industry for quite...
On Assignment Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from Josh Vogel of Sidoti & Company. Your line is open, sir. Josh Vogel - Sidoti & Company Thank you for taking my questions. Peter, I may have missed it, but did you discuss the July revenue trends for the IT...
On Assignment, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Your first question comes from the line of Andrew Fones of UBS Securities. Andrew Fones – UBS Securities Hi. Thank you. I wanted to ask first of all a question on Healthcare. You saw nice acceleration this quarter and the year-over-year growth rate in...
On Assignment, Inc. Announces Pricing of Public Offering of 6,650,000 Shares of Common Stock?
M2 PRESSWIRE-10 November 2006-www.MarketGainer.com: On Assignment, Inc. Announces Pricing of Public Offering of 6,650,000 Shares of Common Stock?C1994-2006 M2 COMMUNICATIONS LTD RDATE:10112006 On Assignment, Inc., (Nasdaq: ASGN) a professional staffing firm provides flexible and permanent staffing solutions in laboratory/scientific, healthcare...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael J. McGowan | CEO, Oxford Global Resources |
| Emmett B. McGrath | President, Lab Support, Clinical Research & Engineering |
| Mark S Brouse | President, VISTA Staffing Solutions |
| James L. Brill | Vice President and Chief Financial Officer |
| Michael C. Payne | CIO & Senior Vice President, Shared Services |
| Joseph McKenna Thomas | Senior Vice President |
| Angela Kolarek | Vice President of Human Resources |
| Carol McNamara | Vice President, Recruiting |
| Christina Gibson | Controller & Vice President |
| Karen Keppel | Vice President, Support Services |
| Larry Hemley | Vice President, Marketing |
| Samanthe Beck | Vice President & Corp General Counsel |
| Rebecca Heller | Finance Administrator |
| Jeffrey M. Drazan | Director |
| Peter Wendell | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward L. Pierce | Board of Directors |
| Jeremy M Jones | Board of Directors |
| Jonathan S. Holman | Board of Directors |
| Peter T. Dameris | Board of Directors |
| William E Brock | Board of Directors |
Peter T. Dameris joined the Company in November 2003 as Executive Vice President, Chief Operating Officer and was promoted to President and Chief Executive Officer in September 2004. He was appointed to the Board of Directors of the Company in February 2005. From February 2001 through October 2002, Mr. Dameris served as Executive Vice President and Chief Operating Officer of Quanta Services, Inc. (NYSE: PWR), a leading provider of specialized contracting services for the electric and gas utility, cable and telecommunications industries. From December 1994 through September 2000, Mr. Dameris served in a number of different positions at Metamor Worldwide, Inc. (formerly, NASDAQ: MMWW), an international, publicly-traded IT consulting/staffing company, including Chairman of the Board, President and Chief Executive Officer, Executive Vice President, General Counsel, Senior Vice President and Secretary. In June 2000, Mr. Dameris successfully negotiated the sale of Metamor for $1.9 billion. From November 2002 to January 2006, Mr. Dameris was a member of the Board of Directors of Bindview Corporation (acquired by Symatec Corporation in January 2006). Mr. Dameris holds a Juris Doctorate from the University of Texas Law School and a Bachelor's in Business Administration from Southern Methodist University.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | CEO, Oxford Global Resources | Current |
| On Assignment, Inc. | President, Oxford Global Resources | Current |
| Insights Services Corporation | President of Oxford Global Resources | Current |
| Oxford Global Resources, Inc. | President | Former |
| Medstat Group | Vice President | Former |
| Medstat Group | General Manager | Former |
| Michigan State University | Bachelor of Science Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Insights Services Corporation | President of Lab Support, Clinical Research and Engineering | Current |
| On Assignment, Inc. | President, Lab Support, Clinical Research & Engineering | Current |
| Allied Healthcare | President | Former |
| On Assignment, Inc. | Board of Directors | Former |
| Day & Zimmermann Group | Board of Directors | Former |
| California State University | Bachelors of Science Degree In Business Administration | Former |
Mark S. Brouse is president of VISTA Staffing Solutions, one of the largest temporary physician staffing or locum tenens services in the nation. VISTA works with physicians from just about every medical specialty and is the only locum tenens company that provides both domestic and international opportunities. The company provides a great deal of physician staffing assistance to governmental agencies. VISTA has also launched a permanent physician recruitment business and a private licensing program for physicians. VISTA Staffing Solutions is a founding member of the National Organization of Locum Tenens Organizations (NALTO), an organization that develops and enforces standards for credentialing, ethics, and business practices within the locum tenens industry. Mark focuses on developing innovative partnerships with the hospitals, health systems, and community-based practices that VISTA serves to help them make physician staffing a strategic advantage. He played a lead role in the development of effective professional liability insurance programs for this unique industry. As a founder of VISTA, he is committed to creating a culture that puts people first and gives them the incentive to think and act like company owners. Mark received a bachelor's degree in chemistry from California State, Dominguez Hills. He began his career in locum tenens with CompHealth in 1986, overseeing internal medicine and psychiatry teams. Mark is a member of the boards of directors of the YMCA of Greater Salt Lake, the Utah Healthcare Institute, and PEHR Technologies.
| Organization | Position | Status |
|---|---|---|
| Vista Staffing Solutions, Inc. | CEO | Current |
| Oxford Global Resources, Inc. | President | Current |
| On Assignment, Inc. | President, VISTA Staffing Solutions | Current |
| Vista Staffing Solutions, Inc. | President | Current |
| Vista Staffing Solutions, Inc. | Co-Founder | Current |
| National Council YMCA of the USA | Board of Directors | Current |
| Pehrtm Technologies, LLC | Board of Directors | Current |
| CHG Healthcare Services, Inc. | Former |
James L. Brill , age 57, has served as a director of the Company since March 2004. Since January 1, 2007, he has served as Senior Vice President of Finance and Chief Financial Officer of On Assignment, Inc., a staffing agency for science and healthcare professionals. From July 1999 to December 2006, he served as Vice President of Finance and Chief Financial Officer of Diagnostic Products Corporation, a medical diagnostics manufacturer. From August 1998 to June 1999, Mr. Brill served as Chief Financial Officer of Jafra Cosmetics International, a cosmetics manufacturer, and Vice President of Finance and Administration and Chief Financial Officer of Vertel Corporation from 1996 to 1998.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Chief Financial Officer | Current |
| Insights Services Corporation | Senior Vice President, Finance and Chief Financial Officer | Current |
| On Assignment, Inc. | Senior Vice President of Finance | Current |
| Onvia Inc. | Chair | Current |
| Diagnostic Products Corporation | Board of Directors | Current |
| Jafra Cosmetics International, Inc. | Chief Financial Officer | Former |
| Merisel, Inc. | Chief Financial Officer | Former |
| Vertel Corp | Chief Financial Officer | Former |
| Diagnostic Products Corporation | Chief Financial Officer | Former |
| Merisel, Inc. | Senior Vice President, Finance | Former |
| Vertel Corp | Vice President of Finance and Administration | Former |
| Diagnostic Products Corporation | Vice President, Finance | Former |
| University of California, Los Angeles | Masters of Business Administration | Former |
| University of California | Master's of Business Administration Degree | Former |
| United States Naval Academy | Bachelor of Science | Former |
| University of California, Los Angeles | Bachelor of Science | Former |
Michael Payne recently joined On Assignment in April 2003. He is responsible for several shared service groups including all Information Technology, Service Center, Payroll, Real Estate, and Travel/Housing. Mr. Payne comes most recently from Time Warner where he managed the technology group supporting the recorded music and publishing companies of Warner Music Group as the VP - Development. He also served as a member of the CIO council of AOL Time Warner focusing on post merger product development. Mr. Payne managed multiple shared service teams focused on packaged software implementations (Oracle & PeopleSoft) along with Internet Business Development, Digital Supply Chain & Product Delivery, and several New Media Viral Marketing Projects. Earlier in his career while with Ernst & Young LLP, Mr. Payne deployed a new business system and service center at the Jet Propulsion Laboratory to support 18-month space exploration missions. His professional experience also includes over 10 years with Nestle USA (Carnation Company) in a variety of Engineering and IT Management roles and the deployment of a home video worldwide manufacturing and distribution system for Technicolor. Mr. Payne holds a Bachelor of Science degree from De Paul University - Chicago, Illinois.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | CIO & Senior Vice President, Shared Services | Current |
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Insights Services Corporation | Vice President, Human Resources | Current |
| On Assignment, Inc. | Vice President of Human Resources | Current |
| Oxford Global Resources, Inc. | Vice President, Human Resources | Current |
| Leslie's Swimming Pool Supplies | Human Resources Manager | Former |
As Vice President of Recruiting, Carol McNamara joined On Assignment in May 2001 with 15 years of recruiting and staffing experience. Ms. McNamara is responsible for the recruitment of account executives and recruiters for all divisions as well as recruiting for all corporate positions. During her tenure with On Assignment, Ms. McNamara successfully implemented cost reducing recruiting strategies as well as to reduce costs and the number of days to fill open positions. Prior to joining On Assignment, Ms. McNamara worked at Ross Stores, Inc. as the Corporate Staffing Manager where she was responsible for management placements for the East and West Coast Distribution Centers, the Transportation Department, Human Resources, Real Estate, Finance and Payroll Departments. Ms. McNamara joined Ross Stores in 1996 as their West Coast Regional Recruiter and was responsible for the management staffing of 230 off-price retail stores in California, Arizona, Nevada, New Mexico, Utah, Washington State and Oregon. Ms. McNamara began her career as an executive recruiter with Douglas Associates in 1992 and specialized in permanent placements of retail executives through out the United States.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Vice President, Recruiting | Current |
| Ross Stores, Inc. | Recruiter | Former |
Christina Gibson joined On Assignment in May of 2007. As Vice President of Finance and Corporate Controller, Ms. Gibson is responsible for the day-to-day accounting operations of On Assignment and its subsidiaries, managing Sarbanes-Oxley compliance, and external and internal financial reporting for the Company. Prior to joining On Assignment, Inc., Ms. Gibson was the Controller for an internet banking software company and a telecommunications equipment provider, and spent five years in public accounting with Arthur Andersen in the audit department. Ms. Gibson received a Bachelors of Science degree in accounting from the University of Southern California and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Controller & Vice President | Current |
Karen Keppel joined On Assignment in June of 1998. Ms. Keppel is responsible for managing numerous areas of centralized support, including Payroll, Service Center, Ops Central and Branch Services. During her six year tenure with On Assignment, she has also managed other functional areas including the Appointment Center, Candidate Marketing, Human Resources, Training and Recruiting. She was part of the PeopleSoft implementation team and continues to work with the IT team on new enhancements to the company’s system. Prior to joining On Assignment, she served as Manager of Customer Service for Prudential Healthcare’s Los Angeles Regional Claims Division. Ms. Keppel has over 15 years of experience managing call centers, including outsourced startup projects with Teletech Telecommunications for Continental Airlines and Reno Air. Ms. Keppel also served five years in the banking industry as Assistant Vice President for Columbia National Bank and Commonwealth Bank, managing the Asset Based Lending department.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Vice President, Support Services | Current |
| Customer & Service | Manager | Former |
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Vice President, Marketing | Current |
Samanthe Beck joined On Assignment in May 2007 as Vice President and Corporate General Counsel. Since November of 2000 Ms. Beck held various positions with Digital Insight Corporation, culminating with Vice President and Deputy General Counsel, when it was acquired by Intuit in February 2007. Prior to that, she served as Director of Business and Legal Affairs for SeeBeyond Technologies Corporation, (now a division of Sun Microsystems). Ms. Beck holds a Bachelor of Science degree in English from the University of California at Los Angeles and a Juris Doctorate from Pepperdine University School of Law. She is a member of the New York Bar and a California Bar Registered In-House Counsel.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Vice President & Corp General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Finance Administrator | Current |
James L. Brill joined On Assignment as Senior Vice President, Finance and Chief Financial Officer in January 2007. Mr. Brill was Vice President, Finance and Chief Financial Officer of Diagnostic Products Corporation since July 1999. Diagnostic Products Corporation was acquired for $1.86 billion by Siemens in July 2006. Mr. Brill has also served as Chief Financial Officer of Jafra Cosmetics International, Vice President of Finance and Administration and Chief Financial Officer of Vertel Corporation and Senior Vice President, Finance and Chief Financial Officer of Merisel, Inc. Mr. Brill is a member of the Board of Directors of Onvia Inc. He brings to On Assignment a strong background as chief financial officer with high growth acquisitive public companies in both the healthcare and technology sectors that will be invaluable to the Company as it continues to grow. Mr. Brill holds a Bachelor of Science from the United States Naval Academy and a Masters of Business Administration from UCLA.
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Loadstar Sensors, Inc | Founder and Managing Director of Sierra Ventures | Current |
| Bertram Capital Management LLC | Managing Director | Current |
| Sierra Ventures | Managing Director | Current |
| Sierra Ventures | General Partner | Current |
| Loadstar Sensors, Inc | Chairman | Current |
| Ypoint Capital, Inc. | Chairman | Current |
| Legalforce IP Marketplace, Inc. | Board of Directors | Current |
| Verari Systems, Inc. | Director | Current |
| Micro Power, Inc. | Director | Current |
| Vertel Corp | Director | Current |
| Terayon Communication Systems, Inc. | Director | Current |
| On Assignment, Inc. | Director | Current |
| Micromuse Inc. | Director | Current |
| Fair Market, Inc. | Director | Current |
| Applied Microstructures, Inc. | Director | Current |
| Combinet | Director | Current |
| Sychip Inc. | Director | Current |
| Frontbridge | Director | Current |
| AuthenTec, Inc. | Director | Current |
| Epoch Systems | Director | Current |
| Meriton Networks, Inc. | Director | Current |
| Theravance, Inc. | Board of Directors | Current |
| American Fiber Systems, Inc. | Board of Directors | Current |
| Plug Power Inc. | Board of Directors | Current |
| Theravance, Inc. | Committee Member | Current |
| Sierra Ventures | Co-Founder | Former |
| AT&T Bell Laboratories | Operations, R&D | Former |
| AT&T Inc. | Former | |
| Stratacom Inc. | Director | Former |
| New York University | M.B.A. degree | Former |
| Princeton University | Bachelor of Science Degree In Engineering | Former |
Mr. Jones has over 30 years of experience in building successful healthcare companies. Mr. Jones past accomplishments include Chairman and Chief Executive Officer of Apria Healthcare, the nations largest homecare service provider with annual revenues exceeding 1 billion dollars. Prior to Apria, Jones spent over a decade at Homedco Group serving as Chairman and CEO. Mr. Jones has a dynamic background that includes past positions in sales, marketing, operations and has held numerous home healthcare industry association leadership positions. Mr. Jones currently serves as Chairman of the Board of Byram Healthcare Centers, Inc., Lifecare Solutions Inc. and On Assignment Inc. (NASDAQ: ASGN). Jones also serves on the Board of Directors of Cardium Health Services and US LABS. Mr. Jones holds a B.S. in Business Administration from the University of Iowa.
| Organization | Position | Status |
|---|---|---|
| Apria Healthcare | Chairman and Chief Executive Officer | Current |
| Byram Healthcare Centers, Inc. | Chairman of the Board | Current |
| US Labs | Board Member | Current |
| On Assignment, Inc. | Board of Directors | Current |
| Apria Healthcare Group Inc. | Chief Executive Officer | Former |
| The University of Iowa | B.S. In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| On Assignment, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Columbia Group, LLC | Current | |
| Insights Services Corporation | Board of Directors | Current |
| On Assignment, Inc. | Board of Directors | Current |
| BindView Development Corporation | Board of Directors | Current |
| On Assignment, Inc. | Chief Executive Officer | Former |
| On Assignment, Inc. | President | Former |
| Quanta Services, Inc. | Chief Operating Officer | Former |
| Quanta Services, Inc. | Executive Vice President | Former |
| On Assignment, Inc. | Executive Vice President | Former |
| University of Texas School of Law | Juris Doctorate | Former |
| Organization | Position | Status |
|---|---|---|
| Sierra Ventures | Managing Director | Current |
| Sierra Ventures | Founder | Current |
| Sierra Ventures | General Partner | Former |
| Teradata Corporation | Director | Current |
| NovaMed Inc. | Director | Current |
| Imarket, Inc. | Director | Current |
| On Assignment, Inc. | Director | Current |
| Fatbrain.com, Inc. | Director | Current |
| Pgi, Inc. | Director | Current |
| Amerigroup Corporation | Investor | Current |
| Healtheon | Investor | Current |
| Intuit, Inc. | Investor | Current |
| International Business Machines Corporation | Executive Management | Former |
| Stanford University | Faculty | Former |
| McKinsey & Company, Inc. | Team Member | Former |
| Harvard University | MBA | Former |
| Princeton University | BA | Former |
William E. Brock has served as a director since 2006. He is chairman of The Brock Offices, a firm specializing in international trade, investment and human resources which he founded in 1988. From 1985 to 1987, Mr. Brock served as the U.S. Secretary of Labor, and from 1981 to 1985, as the U.S. Trade Representative. He served as Chairman of the Republican National Committee from 1977 to 1981 and previously as a Member of the U.S. House of Representatives from 1963 to 1971 and as U.S. Senator for the State of Tennessee from 1971 to 1977. Mr. Brock serves as a Counselor and Trustee of the Center for Strategic and International Studies, and as a director of On Assignment, Inc., HealthExtra, Inc. and Strayer Education, Inc.
| Organization | Position | Status |
|---|---|---|
| Res-Care, Inc. | Founder and Senior Partner, the Brock Offices | Current |
| Strayer University | Board of Directors | Current |
| Res-Care, Inc. | Board of Directors | Current |
| On Assignment, Inc. | Board of Directors | Current |
| Catalyst Health Solutions, Inc. | Board of Directors | Current |
Executive News
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On Assignment to Attend Two Conferences in September 2009
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On Assignment, Inc.Schedules Second Quarter 2009 Earnings Release and Conference Call
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On Assignment, Inc. Schedules Second Quarter 2009 Earnings Release and Conference Call
| Volume | 107,583 |
| Shares Outstanding | 36.2M |
| Market Cap | 237.0M |
| Year High | 6.80 |
| Year Low | 1.28 |
| Earnings Per Share | 0.21 |
| P/E Ratio | 31.1429 |
| Dividend | 0.00 |
| Yield | 0.00 |
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