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ManpowerGroup Inc. (NYSE:MAN), a leading workforce solutions company with annual revenues of $17.9 billion, announced significant changes to its executive team on February 14, 2025, as part of its ongoing strategy to focus on market growth and accelerate its Diversification, Digitization, and Innovation (DDI) initiatives. According to InvestingPro data, the company maintains a prominent position in the Professional Services industry.
Becky Frankiewicz, previously the Regional President for North America and Chief Commercial Officer, has been appointed as an executive officer of the company. In line with this new role, ManpowerGroup will enter into a severance agreement with Ms. Frankiewicz. This agreement will be consistent with those of other executive officers within the organization.
In another strategic move, Jack McGinnis, the Executive Vice President and Chief Financial Officer, will take on additional responsibilities overseeing Global Technology, Information Security and Data Privacy, and Enterprise-wide Transformation, starting March 3, 2025. His position as the chief financial officer remains unchanged.
Furthermore, as of January 1, 2025, Michelle Nettles, who served as the Executive Vice President and Chief People & Culture Officer, expanded her role to include the responsibilities of the former senior vice president, general counsel, and secretary. With these expanded duties, Ms. Nettles has been appointed as the Executive Vice President, Chief People & Legal Officer.
These organizational changes are part of ManpowerGroup's strategic efforts to strengthen its leadership structure and align the company's operations with its long-term goals. The information is based on a press release statement filed with the SEC. Currently trading near its 52-week low, InvestingPro analysis suggests the stock is undervalued, with 12 additional exclusive insights available to subscribers, including detailed valuation metrics and growth indicators.
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