Insperity Appoints New Independent Director to Board
April 24 2015 - 8:45AM
Business Wire
Insperity, Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced that its board of directors has
appointed Michelle McKenna-Doyle as a new independent director.
“Ms. McKenna-Doyle’s extensive background in technology, as well
as her significant executive experience with customer-focused
service businesses, adds directly relevant expertise and insight to
our diverse board,” said Paul J. Sarvadi, chairman and chief
executive officer. “I look forward to working with her and the rest
of our board, as we seek to expand upon the growth opportunities
from our newly transformed business.”
Michelle McKenna-Doyle currently serves as chief information
officer (CIO) and senior vice president (SVP) of the National
Football League (NFL). She was recently appointed as a member of
the board of directors of RingCentral, Inc., where she serves as a
member of the audit and compensation committees. She has more than
15 years of global technology management and senior leadership.
Prior to joining the NFL as CIO in September 2012, she served as
CIO at Constellation Energy Group, Inc., an energy supplier, where
she implemented major technology strategic initiatives and led the
company’s integration with Exelon in connection with the merger of
the two companies. Previously, Ms. McKenna-Doyle also served as the
president of Interactive Media Group, a global digital interactive
media solutions nonprofit company; as the SVP and CIO of Universal
Orlando Resort, a theme park resort wholly owned by NBCUniversal;
as the CIO and SVP of Centex Destination Properties, a division of
Centex Corporation, a homebuilder; and in senior leadership
positions in finance, marketing and information technology at the
Walt Disney World Company, an American diversified multinational
mass media corporation.
Ms. McKenna-Doyle has been appointed as a Class I director in
accordance with the company’s agreement with its largest
stockholder and will be subject to the election by stockholders at
the annual meeting in 2017.
About Insperity
Insperity, a trusted advisor to America’s best businesses for
more than 29 years, provides an array of human resources and
business solutions designed to help improve business performance.
Insperity® Business Performance Advisors offer the most
comprehensive suite of products and services available in the
marketplace. Insperity delivers administrative relief, better
benefits, reduced liabilities and a systematic way to improve
productivity through its premier Workforce Optimization® solution.
Additional company offerings include Human Capital Management,
Payroll Services, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Financial Services, Expense Management, Retirement Services and
Insurance Services. Insperity business performance solutions
support more than 100,000 businesses with over 2 million employees.
With 2014 revenues of $2.4 billion, Insperity operates in 57
offices throughout the United States. For more information, visit
http://www.insperity.com.
The statements contained herein that are not historical facts
are forward-looking statements within the meaning of the federal
securities laws (Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934). You can
identify such forward-looking statements by the words “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates,” “likely,”
“possibly,” “probably,” “goal,” “opportunity,” “objective,”
“target,” “assume,” “outlook,” “guidance,” “predicts,” “appears,”
“indicator” and similar expressions. Forward-looking statements
involve a number of risks and uncertainties. In the normal course
of business, Insperity, Inc., in an effort to help keep our
stockholders and the public informed about our operations, may from
time to time issue such forward-looking statements, either orally
or in writing. Generally, these statements relate to business plans
or strategies, projected or anticipated benefits or other
consequences of such plans or strategies, or projections involving
anticipated revenues, earnings, unit growth, profit per worksite
employee, pricing, operating expenses or other aspects of operating
results. We base the forward-looking statements on our
expectations, estimates and projections at the time such statements
are made. These statements are not guarantees of future performance
and involve risks and uncertainties that we cannot predict. In
addition, we have based many of these forward-looking statements on
assumptions about future events that may prove to be inaccurate.
Therefore, the actual results of the 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) adverse
economic conditions; (ii) regulatory and tax developments and
possible adverse application of various federal, state and local
regulations; (iii) the ability to secure competitive replacement
contracts for health insurance and workers’ compensation contracts
at expiration of current contracts; (iv) increases in health
insurance costs and workers’ compensation rates and underlying
claims trends, health care reform, financial solvency of workers’
compensation carriers, other insurers or financial institutions,
state unemployment tax rates, liabilities for employee and client
actions or payroll-related claims; (v) failure to manage growth of
our operations and the effectiveness of our sales and marketing
efforts; (vi) the competitive environment in the PEO industry may
impact growth and/or profitability; (vii) our liability for
worksite employee payroll, payroll taxes and benefits costs; (viii)
our liability for disclosure of sensitive or private information;
(ix) our ability to integrate or realize expected returns on our
acquisitions; (x) failure of our information technology systems;
(xi) an adverse final judgment or settlement of claims against
Insperity; and (xii) the actions of certain stockholders could
disrupt our business. These factors are discussed in further detail
in Insperity’s filings with the U.S. Securities and Exchange
Commission. Any of these factors, or a combination of such factors,
could materially affect the results of our operations and whether
forward-looking statements we make ultimately prove to be
accurate.
Except to the extent otherwise required by federal securities
law, we do not undertake any obligation to update our
forward-looking statements to reflect events or circumstances after
the date they are made or to reflect the occurrence of
unanticipated events.
Insperity, Inc.Investor Relations Contact:Douglas
S. Sharp, 281-348-3232Senior Vice President of Finance,Chief
Financial Officer and TreasurerorNews Media Contact:Jason
Cutbirth, 281-312-3085Senior Vice President of
Marketingjason.cutbirth@insperity.com
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