BRADENTON, Fla., April 19, 2007 (PRIME NEWSWIRE) -- Gevity (Nasdaq:GVHR), which serves as the full-service human resources department for small and mid-sized businesses, announced today that board members Erik Vonk, George B. Beitzel, Darcy E. Bradbury, Paul Daoust, Jonathan H. Kagan, David S. Katz, Michael Lavington and Jeffrey A. Sonnenfeld will stand for re-election at the company's upcoming annual shareholder meeting on May 16, 2007. In addition, Daniel J. Sullivan was nominated by the board of directors for election to the board at the 2007 annual meeting.
Mr. Sullivan, age 60, served as President and Chief Executive Officer of FedEx Ground, an operating company of FedEx Corporation, from 1998 until his retirement on December 31, 2006. Prior to his role with FedEx Ground, he served as Chairman, President and Chief Executive Officer of Caliber Systems, Inc., where he led the company through a significant transformation from a traditional holding company to a strategic provider of a broad range of transportation and logistic services. Additionally, Mr. Sullivan has held several executive positions with Roadway Services, Inc., where he founded Roadway Package System. Mr. Sullivan currently serves on the board of directors of Computer Task Group of Buffalo, New York and GDS Express of Akron, Ohio. He also serves as a Federal Advisory Commissioner on the Flight 93 National Memorial project in Somerset County, Pennsylvania.
Erik Vonk, Chairman and Chief Executive Officer, commented, "We are very pleased to announce that Dan Sullivan will stand for election to Gevity's board of directors. Dan has a demonstrated depth of experience in business leadership and advisory roles, which we believe will add considerable value to the board."
James E. Cowie will not stand for re-election to the company's board of directors. Mr. Cowie, age 52, joined Gevity's board of directors in June of 2003, shortly after Frontenac Company, LLC, a firm he is Managing Director of, acquired 30,000 shares of Gevity's preferred stock, or the equivalent of nearly 4.8 million shares of Gevity's common stock, which was subsequently liquidated in 2004. Mr. Cowie recently expressed an interest to focus his efforts on his role with Frontenac and will, therefore, not be standing for re-election to Gevity's board of directors.
Mr. Vonk stated, "We are grateful for Jamie's insight and dedication while fulfilling his responsibilities as a Gevity board member. We wish Jamie success in his future endeavors."
About Gevity
Thousands of small and mid-sized businesses nationwide leverage the flexibility and scalability of Gevity's human resources (HR) solution to help them maximize the return on investment in their people. Essentially, Gevity serves as the full-service HR department for these businesses, providing each employee with support previously only available at much larger companies. Gevity delivers the Gevity Edge(tm), a comprehensive solution comprised of innovative management and administration services, helping employers to streamline HR administration, optimize HR practices, and maximize people and performance. This solution enables both businesses and their employees to achieve their full potential, giving them an edge over competitors. Gevity's unique approach features Gevity OnSite(tm), experienced HR Consultants based in local markets backed by nationwide resources and easy-to-use technology, including Gevity OnLine(tm) and Gevity OnCall(tm). For more information, call 1.800.2GEVITY (1.800.243.8489) or visit gevity.com.
A copy of this press release can be found on the company's Web site at www.gevity.com.