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Westaff, Inc. Acknowledged as California Corporate Role Model for Second Year in a Row
Westaff, Inc. Acknowledged as California Corporate Role Model for Second Year in a Row
Published 11-16-06
Submitted by Westaff, Inc.
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Nov. 16, 2006--For the second year in a row, Westaff, Inc. (NASDAQ:WSTF), a leading provider of staffing services, has been acknowledged by the UC Davis Graduate School of Management for its position as one of the top 25 companies in California for women in leadership roles.
"Westaff has a long history of identifying and developing leadership talent, regardless of gender. Our success and growth is certainly due in some part to the role of women in positions of influence within the organization, but we're a company full of opportunities for both men and women with the drive to succeed," said Westaff President and Chief Executive Officer Trish Newman.
As part of "The UC Davis Study of California Women Business Leaders," Westaff was named for the second year as a leader among the State's top 400 largest publicly traded companies, serving as a role model in using the talents of women in leadership positions.
The annual study revealed that among California's highest revenue producing companies, approximately half have no woman among their senior executives or the boardroom, and almost one-third have only one woman director. In fact, the study shows that women hold only 10.2 percent of the combined board seats and executive officer positions -- no change from the first study completed last year.
The corporate recognition acknowledges that nearly 60% of those in supervisory and management roles within the Westaff organization are women, and that Westaff is one of only 11 companies in the top 400 analyzed with a woman as Chief Executive Officer.
The results of the study were presented to a gathering of business leaders at the UC Davis Forum on Women and Leadership in Burlingame, CA earlier today. Ms. Newman, was on hand to deliver the Forum keynote address. In her remarks, she observed that "...faced with a looming talent shortage, when even today companies are struggling to find the skills and leaders they need to meet their business demands, it just doesn't make sense not to tap into the widest talent pool possible -- especially at a time when women are earning more than half of the bachelor and master's degrees awarded in the US."
Westaff provides staffing services and employment opportunities for businesses in global markets, servicing more than 15,000 client accounts from more than 230 offices located throughout the U.S., the United Kingdom, Australia and New Zealand. Westaff provides client companies with 150,000 temporary and permanent placement employees annually in the areas of administration, call centers and light industry. For more information, visit www.westaff.com.
Copyright Business Wire 2006
