Spherion Announces Dupont Executive to Be New President and CEO

Apr 10, 2001, 01:00 ET from Spherion Corporation

    FORT LAUDERDALE, Fla., April 10 /PRNewswire/ --
 Spherion Corporation (NYSE:   SFN) announced today the appointment of Cinda A.
 Hallman as President and Chief Executive Officer.  She replaces Raymond Marcy,
 who has resigned.
     Ms. Hallman most recently served as senior vice president of Global
 Systems and Processes at DuPont (NYSE:   DD), where she reported directly to the
 Chairman and CEO and played a key role in DuPont's on-going transformation.
     In addition, she had full responsibility for DuPont's global information
 technology, processes and strategy and was part of the company's thirteen-
 member corporate operating group.  She has been a director of Spherion since
 February 1995.
     "I am very excited about this opportunity because Spherion is an industry
 leader with strong, energetic employees," said Ms. Hallman.  "I look forward
 to working closely with them and Spherion's customers to refine the company's
 direction for the future."
     Steven S. Elbaum has been elected Chairman of Spherion's Board of
 Directors, replacing Mr. Marcy.  Mr. Elbaum has been a Director of Spherion
 since May 1996.  He is currently the Chairman of the Board and CEO of Superior
 Telecom, Inc. (NYSE:   SUT).
     "Cinda Hallman brings a wealth of global management and strategic
 leadership experience to Spherion," said Mr. Elbaum.  "Her distinguished
 career at DuPont and her service as a Spherion board member uniquely positions
 her to quickly assume the leadership of the company.  She will be a dynamic
 force in defining Spherion's long-term strategy, refining the company's focus
 on operational excellence and enhancing shareholder value."
     Ms. Hallman is nationally recognized for her leadership in information
 technology and she was named one of the most influential information
 technology executives of the last decade.  She is active in community affairs
 and serves on the boards of directors of several major organizations.
     Today's announcement follows the resignation of Raymond Marcy as Chairman,
 President and CEO.  Mr. Marcy led the company for over ten years during a
 period of dramatic growth.
     "I will miss what I believe to be the finest management team in our
 industry," said Mr. Marcy.  "I wish Cinda nothing but success in her new
 role."
 
     Biography of Cinda A. Hallman
     Cinda A. Hallman, senior vice president, DuPont Global Systems &
 Processes, led a major effort to define the new business models associated
 with the DuPont transformation.  In addition, she had full responsibility for
 global information technology, processes and strategy, as well as Corporate
 Core Managing Process. Ms. Hallman reported to the DuPont Chairman and CEO.
     As DuPont's senior vice president of Functioning Effectiveness and Global
 Services, Ms. Hallman developed the visions and strategy, and then formed the
 DuPont Global Services Business.  As part of this, she was global strategic
 leader of integrated business processes, sourcing, information technology,
 engineering, business consulting, human resources, facilities services &
 security, and business accounting & reporting.
     As DuPont's Vice President of Global Information Systems and Chief
 Information Officer, Ms. Hallman provided the leadership and vision to first
 take out over $500,000,000 in cost and then form DuPont's IT Alliance with two
 of the world's leading information technology firms, Computer Sciences
 Corporation and Andersen Consulting.  This Alliance, the largest deal of its
 kind ever announced, supports the growth strategies of DuPont's businesses and
 will enable Dupont to increase shareholder value.
     Ms. Hallman was formerly with the global energy company, Conoco, and held
 a number of positions of increasing complexity.  In 1981, when DuPont acquired
 Conoco, Ms. Hallman assumed responsibility for consolidating computer
 applications for Dupont and Conoco.  In 1990, Ms. Hallman was named vice
 president of DuPont information systems applications worldwide.  In 1992, she
 took on the added responsibility of Chief Information Officer.
     Ms. Hallman was named 1995 Chief Information Officer of the Year by
 "Information Week," and her organization received the magazine's Excellence in
 IS award for the chemical industry in 1994, 1995, and 1996.  In addition, Ms.
 Hallman received the 1996 Visionary Award from "Communication Week," and in
 1997 was recognized as one of the most influential information technology
 executives of the last decade by "CIO Magazine."
     In addition to membership on the corporate operating group, Ms. Hallman
 was a member of DuPont's global leadership team, operations network, and the
 business information board.  Ms. Hallman is a board member of Bowater, Inc.,
 United Way of America and Christiana Health Care.  She is co-chair of the
 Delaware IT Initiative, and also has a wide variety of other professional
 affiliations.
     Ms. Hallman received a Bachelor of Science degree in mathematics from the
 University of Southern Arkansas.
 
     About Spherion
     Spherion Corporation is a $3.0 billion human capital management company.
 Founded in 1946, the Company is based in Ft. Lauderdale, Fla.  As workforce
 and technology architects, Spherion helps companies efficiently deploy human
 capital to improve their bottom line.  Unlike any other company, Spherion
 offers a unique model of consulting, diagnosing and implementing solutions in
 the areas of staffing, recruiting, technology and outsourcing.  Visit the
 Company's web side at www.spherion.com
 
     This news release contains statements that are "forward-looking
 statements" as defined in the U.S. Private Securities Litigation Reform Act of
 1995.  Readers are cautioned not to place undue reliance on these forward-
 looking statements and any such forward-looking statements are qualified in
 their entirety to reference to the following cautionary statements.  All
 forward-looking statements speak only as of the date hereof and are based on
 current expectations and involve a number of assumptions, risks and
 uncertainties that could cause the actual results to differ materially from
 such forward-looking statements.  Factors that could cause such material
 differences include, without limitation, the following: risks associated with
 changes in management personnel, acquisitions, competition, changing market
 and economic conditions, currency fluctuations and additional factors
 discussed in this release and in Spherion's filings with the Securities and
 Exchange Commission.
 
 

SOURCE Spherion Corporation
    FORT LAUDERDALE, Fla., April 10 /PRNewswire/ --
 Spherion Corporation (NYSE:   SFN) announced today the appointment of Cinda A.
 Hallman as President and Chief Executive Officer.  She replaces Raymond Marcy,
 who has resigned.
     Ms. Hallman most recently served as senior vice president of Global
 Systems and Processes at DuPont (NYSE:   DD), where she reported directly to the
 Chairman and CEO and played a key role in DuPont's on-going transformation.
     In addition, she had full responsibility for DuPont's global information
 technology, processes and strategy and was part of the company's thirteen-
 member corporate operating group.  She has been a director of Spherion since
 February 1995.
     "I am very excited about this opportunity because Spherion is an industry
 leader with strong, energetic employees," said Ms. Hallman.  "I look forward
 to working closely with them and Spherion's customers to refine the company's
 direction for the future."
     Steven S. Elbaum has been elected Chairman of Spherion's Board of
 Directors, replacing Mr. Marcy.  Mr. Elbaum has been a Director of Spherion
 since May 1996.  He is currently the Chairman of the Board and CEO of Superior
 Telecom, Inc. (NYSE:   SUT).
     "Cinda Hallman brings a wealth of global management and strategic
 leadership experience to Spherion," said Mr. Elbaum.  "Her distinguished
 career at DuPont and her service as a Spherion board member uniquely positions
 her to quickly assume the leadership of the company.  She will be a dynamic
 force in defining Spherion's long-term strategy, refining the company's focus
 on operational excellence and enhancing shareholder value."
     Ms. Hallman is nationally recognized for her leadership in information
 technology and she was named one of the most influential information
 technology executives of the last decade.  She is active in community affairs
 and serves on the boards of directors of several major organizations.
     Today's announcement follows the resignation of Raymond Marcy as Chairman,
 President and CEO.  Mr. Marcy led the company for over ten years during a
 period of dramatic growth.
     "I will miss what I believe to be the finest management team in our
 industry," said Mr. Marcy.  "I wish Cinda nothing but success in her new
 role."
 
     Biography of Cinda A. Hallman
     Cinda A. Hallman, senior vice president, DuPont Global Systems &
 Processes, led a major effort to define the new business models associated
 with the DuPont transformation.  In addition, she had full responsibility for
 global information technology, processes and strategy, as well as Corporate
 Core Managing Process. Ms. Hallman reported to the DuPont Chairman and CEO.
     As DuPont's senior vice president of Functioning Effectiveness and Global
 Services, Ms. Hallman developed the visions and strategy, and then formed the
 DuPont Global Services Business.  As part of this, she was global strategic
 leader of integrated business processes, sourcing, information technology,
 engineering, business consulting, human resources, facilities services &
 security, and business accounting & reporting.
     As DuPont's Vice President of Global Information Systems and Chief
 Information Officer, Ms. Hallman provided the leadership and vision to first
 take out over $500,000,000 in cost and then form DuPont's IT Alliance with two
 of the world's leading information technology firms, Computer Sciences
 Corporation and Andersen Consulting.  This Alliance, the largest deal of its
 kind ever announced, supports the growth strategies of DuPont's businesses and
 will enable Dupont to increase shareholder value.
     Ms. Hallman was formerly with the global energy company, Conoco, and held
 a number of positions of increasing complexity.  In 1981, when DuPont acquired
 Conoco, Ms. Hallman assumed responsibility for consolidating computer
 applications for Dupont and Conoco.  In 1990, Ms. Hallman was named vice
 president of DuPont information systems applications worldwide.  In 1992, she
 took on the added responsibility of Chief Information Officer.
     Ms. Hallman was named 1995 Chief Information Officer of the Year by
 "Information Week," and her organization received the magazine's Excellence in
 IS award for the chemical industry in 1994, 1995, and 1996.  In addition, Ms.
 Hallman received the 1996 Visionary Award from "Communication Week," and in
 1997 was recognized as one of the most influential information technology
 executives of the last decade by "CIO Magazine."
     In addition to membership on the corporate operating group, Ms. Hallman
 was a member of DuPont's global leadership team, operations network, and the
 business information board.  Ms. Hallman is a board member of Bowater, Inc.,
 United Way of America and Christiana Health Care.  She is co-chair of the
 Delaware IT Initiative, and also has a wide variety of other professional
 affiliations.
     Ms. Hallman received a Bachelor of Science degree in mathematics from the
 University of Southern Arkansas.
 
     About Spherion
     Spherion Corporation is a $3.0 billion human capital management company.
 Founded in 1946, the Company is based in Ft. Lauderdale, Fla.  As workforce
 and technology architects, Spherion helps companies efficiently deploy human
 capital to improve their bottom line.  Unlike any other company, Spherion
 offers a unique model of consulting, diagnosing and implementing solutions in
 the areas of staffing, recruiting, technology and outsourcing.  Visit the
 Company's web side at www.spherion.com
 
     This news release contains statements that are "forward-looking
 statements" as defined in the U.S. Private Securities Litigation Reform Act of
 1995.  Readers are cautioned not to place undue reliance on these forward-
 looking statements and any such forward-looking statements are qualified in
 their entirety to reference to the following cautionary statements.  All
 forward-looking statements speak only as of the date hereof and are based on
 current expectations and involve a number of assumptions, risks and
 uncertainties that could cause the actual results to differ materially from
 such forward-looking statements.  Factors that could cause such material
 differences include, without limitation, the following: risks associated with
 changes in management personnel, acquisitions, competition, changing market
 and economic conditions, currency fluctuations and additional factors
 discussed in this release and in Spherion's filings with the Securities and
 Exchange Commission.
 
 SOURCE  Spherion Corporation