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Kimberly J. Jacobsen Sherertz Calls for Meeting of Barrett Business Services Shareholders for March 13th


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Kimberly J. Jacobsen Sherertz

Feb 08, 2012, 05:08 ET

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VANCOUVER, Wash., Feb. 8, 2012 /PRNewswire/ -- Today a stockholder group led by Kimberly J. Jacobsen Sherertz and the estate of her late husband William W. Sherertz delivered a written request to BBSI that the Board convene a meeting of the stockholders on March 13, 2012 and that BBSI make its books, records and stockholder lists available for copying and inspection by Ms. Sherertz and the Estate.

The stockholder group has provided the incumbent Board of Barrett Business Services, Inc. with documentation proving that Ms. Sherertz and the Estate of her former Chairman and CEO William W. Sherertz owns more than 25% of the outstanding shares of the company.  The BBSI bylaws clearly state that any shareholder group owning more than 25% of the outstanding shares is entitled to call a special meeting of the stockholders.

The stockholder group fully expects the incumbent Board to grant this special meeting request now that all of the requirements for such a meeting have been satisfied.  The stockholder group still stands in strong support of current CEO Mike Elich, the branch managers and the executives of the company.  "An improved Board of Directors will benefit every one of the stockholders of Barrett Business Services.   A new Board will also provide every member of the Barrett Business Services team with the tools that they need to accelerate the organic growth of our company and better serve our clients," said Ms. Sherertz.

SOURCE Kimberly J. Jacobsen Sherertz

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