Manpower appoints CEO & executive chairman
Prising is currently ManpowerGroup president and executive vice president for the Americas and Southern Europe.
Jeffrey Joerres will assume the role of executive chairman upon Prising's appointment.
Both apppintments will be effective on 1 May 2014.
"Jonas has successfully led several of ManpowerGroup's key businesses over his fifteen years with the company. He started as the head our European sales organization and then built our business in Italy, which is now over $1B in revenue, while also leading the successful first global rebranding of our company. Most recently, Jonas has served as president and EVP of the Americas and Southern Europe, while leading our global Right Management and ManpowerGroup Solutions businesses," said Joerres. "ManpowerGroup has a long tradition of internally developing our CEOs and I am proud that we have someone of Jonas' caliber and expertise to lead the company. Jonas' deep industry knowledge, client first approach and strategic vision will enable us to continue to grow ManpowerGroup and deliver world class results. Jonas is a true global citizen a native of Sweden, he has lived in nine countries across Asia, Europe and North America and speaks five languages. ManpowerGroup will benefit not only from Jonas' global perspective but his leadership and passion for our clients, our associates and our people."
Ed Zore, lead director of ManpowerGroup's board of directors, stated, "The board appreciates Jeff's leadership in developing executive talent and managing a rigorous succession planning process. After careful consideration, the board strongly endorses and is confident that Prising is the right CEO to move the organization forward and we are pleased to see ManpowerGroup continue its legacy of internal succession."
"I am honored and proud to continue to build on the strong foundation that Jeff has established. His strategic vision, thought leadership, innovation, business acumen and personal leadership have firmly positioned ManpowerGroup as a global leader in our industry," said Prising. "Our company and management team is the strongest it has ever been. I am confident that we will continue to deliver innovation and the results our shareholders, clients and candidates expect."
Joerres became ManpowerGroup's chief executive officer in 1999 and was named chairman of the board in 2001. During his tenure, Joerres transformed ManpowerGroup from an $8B temporary staffing company, operating in 50 countries with one brand, to a $20B global provider of innovative workforce solutions operating in 80 countries under three brands - Manpower, Experis and Right Management.
As executive chairman, Joerres will be actively involved in the business with particular focus on clients and external relationships.