Kelly Services Board Revises Governance Structure
Kelly Services, Inc., (Nasdaq: KELYA KELYB), a global staffing solutions provider, today announced that its Board of Directors has approved revised Corporate Governance Principles. The revised principles clarify the governing structure of the Board of Directors following the recovery of Terence E. Adderley, who had suffered a cardiac incident in February of this year.
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Mr. Adderley serves as chairman of the Board of Directors. Carl T. Camden serves as president and chief executive officer, and Verne G. Istock, retired chairman of Bank One Corporation, serves as lead director.
A copy of the revised Corporate Governance Principles will be posted on the Kelly Services, Inc. website, http://www.kellyservices.com .
About Kelly Services
Kelly Services, Inc. (Nasdaq: KELYA KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering staffing solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 30 countries and territories. Kelly provides employment to more than 700,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, health care and home care. Revenue in 2005 was $5.3 billion. Visit http://www.kellyservices.com .
CONTACT: Analysts: James Polehna, +1-248-244-4586, james_polehna@kellyservices.com , or Media: Renee Walker, +1-248-244-5362, renee_walker@kellyservices.com , both of Kelly Services.