General Employment Enterprises plans name change
NAPERVILLE - General Employment Enterprises said it will change its name to GEE Group Inc.
The name change is intended more clearly reflect the company's transition to a specialized staffing services, consulting and human resources solutions provider, said Chairman and Chief Executive Officer Derek E. Dewan.
"The name change creates a platform to help better position our specialty operating brands and go to market strategy in the professional services division which includes our information technology, health care, engineering and finance/accounting specialties," Dewan said "This division now represents approximately 78 percent of total revenue and we are refining and consolidating our branding as appropriate while integrating key operating and financial functions of the companies we acquired.
"We remain highly focused on enhancing shareholder value by investing in our existing business segments, continuing to acquire companies that increase or complement our service offerings and improving our financial performance," he added.
The name change is anticipated to become effective after shareholder and regulatory approvals.