Volt Information Sciences Announces Appointment of William J. Grubbs as Chairman of Board and Election of Celia Brown as an Independent Director

NEW YORK--(BUSINESS WIRE)-- Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN:VISI), an international provider of staffing services and managed service programs, today announced that immediately following its 2019 Annual Meeting of Shareholders, William J. Grubbs, a current member of the Company’s Board of Directors, was appointed Chairman of the Board. Mr. Grubbs succeeds Nick Cyprus, who will continue in his role as Chair of the Company’s Audit Committee. In addition, Celia R. Brown, a management consultant, was elected as a new independent director and appointed Chair of the Company’s Human Resources and Compensation Committee.

Mr. Grubbs commented, “It has been an honor to serve as Vice-Chairman of Volt’s Board and I’m pleased to play an expanded role as Chairman. I am very thankful to Nick and my colleagues on the Board for their confidence in my leadership as we partner with Volt’s strong management team to take the Company to the next level of profitable growth.”

Mr. Grubbs added, “We’re also very excited to have Celia join Volt’s Board of Directors. Celia is a proven strategic business leader with extensive experience in human resources, talent evaluation and development, as well as diversity and compensation strategies. We are confident that Celia’s breadth of professional experience will be extremely valuable as we work to achieve our objectives to the benefit of all Volt’s stakeholders.”

Mr. Grubbs, who joined Volt in February 2017 as a director, recently retired from his position as President, Chief Executive Officer and a director of Cross Country Healthcare (Nasdaq:CCRN), a staffing company that specializes in healthcare workforce solutions. Previously, Mr. Grubbs served as Executive Vice President and Chief Operating Officer of Trueblue, Inc., a leading provider of specialized workforce solutions.

Ms. Brown has been a director of 1-800-Flowers.com, Inc. since June 2016, serving as a member of its Compensation and Nominating and Governance Committees. From 2010 through January 2016, Ms. Brown served as the Executive Vice President and Group HR Director of Willis Group Holdings, a publicly-traded broking, solutions and advisory firm that merged with Towers Watson. In her capacity as Executive Vice President and Group HR Director, she advised management, the compensation committee and board of directors on talent strategy, succession planning, reward strategy, culture, and diversity. Ms. Brown earned a B.A. degree from Emory University and earned a J.D. degree from the University of North Carolina School of Law.

About Volt Information Sciences, Inc.

Volt Information Sciences, Inc. is a global provider of staffing services (traditional time and materials-based as well as project-based). Our staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and managed staffing services programs supporting primarily administrative, technical, information technology, light-industrial and engineering positions. Our managed staffing programs involve managing the procurement and on-boarding of contingent workers from multiple providers. Our customer care solutions specialize in serving as an extension of our customers’ consumer relationships and processes including collaborating with customers, from help desk inquiries to advanced technical support. Our complementary businesses offer customer care call centers, customized talent, and supplier management solutions to a diverse client base. Volt services global industries including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation, and utilities. For more information, visit www.volt.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to a number of known and unknown risks, including, among others, general economic, competitive and other business conditions, the degree and timing of customer utilization and rate of renewals of contracts with the Company, and the degree of success of business improvement initiatives that could cause actual results, performance and achievements to differ materially from those described or implied in the forward-looking statements. Information concerning these and other factors that could cause actual results to differ materially from those in the forward-looking statements are contained in company reports filed with the Securities and Exchange Commission (“SEC”). Copies of the Company’s latest Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as filed with the SEC, are available without charge upon request to Volt Information Sciences, Inc., 50 Charles Lindbergh Blvd., Suite 206, Uniondale NY 11553, Attention: Shareholder Relations. These and other SEC filings by the Company are also available to the public over the Internet at the SEC’s website at http://www.sec.gov and at the Company’s website at http://www.volt.com in the Investor & Governance section.

Investor Contacts:
Volt Information Sciences, Inc.
voltinvest@volt.com

Lasse Glassen, Addo Investor Relations
lglassen@addoir.com
424-238-6249

Source: Volt Information Sciences, Inc.