|
ADMINISTAFF PROMOTES JAY MINCKS TO EXECUTIVE VICE
PRESIDENT OF SALES AND MARKETING
HOUSTON, TX Feb. 11 1999
Administaff, Inc. (NYSE: ASF), a leading Professional Employer Organization
(PEO), today announced the promotion of Jay E. Mincks to executive
vice president of sales and marketing.
"Jay Mincks is uniquely qualified to assume
the leadership of our growth team," said Paul J. Sarvadi, Administaff
president and chief executive officer. "For nearly a decade,
Jay has played an integral role in Administaffs aggressive
expansion program. Under his direction, our sales and marketing
programs have been instrumental in transforming Administaff into
a true national brand."
Mincks joined Administaff in 1990 as a district
sales manager. He was promoted to regional sales manager in 1993
and was named vice president of sales and marketing in 1997. His
background includes experience in sales, sales management and sales
training with several Fortune 500 companies.
Mincks is a native Houstonian and a business
graduate of the University of Houston.
Administaff is one of the nations leading
Professional Employer Organizations, providing small- to medium-sized
businesses with a comprehensive Personnel Management System that
includes benefits and payroll administration, medical and workers
compensation insurance programs, personnel records management, employer
liability management, employee recruiting and selection, performance
management, and training and development services. The company currently
has 23 offices in 14 major markets and serves clients and worksite
employees throughout the United States.
(NOTE: The statements contained in this press
release that are not historical facts are forward-looking statements
that involve a number of risks and uncertainties. Therefore, the
actual results of future events described in such forward-looking
statements could differ materially from those stated in such forward-looking
statements. Among the factors that could cause actual results to
differ materially are: (i) regulatory and tax developments; (ii)
changes in the companys direct costs and operating expenses;
(iii) the effectiveness of the companys sales and marketing
efforts, including its marketing agreement with American Express,
American Express ability to set qualified appointments and
the companys ability to convert those appointments into sales;
(iv) the estimated costs and effectiveness of capital projects and
investments in technology and infrastructure; (v) changes in the
competitive environment in the PEO industry; and (vi) the effectiveness
and estimated costs of the companys Year 2000 conversion and
contingency plans. These factors are described in further detail
in the companys filings with the Securities and Exchange Commission.)
|