- Push-out Score determined
- After 28 years in the position
- Praise and thanks for Dunkel
- Joe Liberatore taking over
- Dunkel will remain as Chairman at Kforce
- Dunkel made a lengthy statement and said 312 words
(exechange) — Tampa, Florida, December 6, 2021 — Dave Dunkel, chief executive of Kforce, leaves his position. As announced by Kforce Inc. in a news release and in a regulatory filing published on Monday, December 6, 2021, David L. (Dave) Dunkel leaves his post as chief executive officer at the professional staffing agency, after 28 years in the role, effective December 30, 2021.
It is the end of an era.
Dave Dunkel’s duties as CEO will be taken over by Joseph J. (Joe) Liberatore, currently President at Kforce Inc.
“Culmination of a thoughtfully developed succession planning process”
Dave Dunkel’s departure from the CEO post is explained as follows. Ralph Struzziero, Lead Independent Director, said: “This announcement is the culmination of a thoughtfully developed succession planning process and our entire Board is tremendously excited for Dave and Joe.”
Dunkel will remain as Chairman at Kforce
“Mr. Dunkel has held the CEO position at Kforce (the “Company” or the “Firm”) and its predecessors for over 40 years and has worked very closely with Mr. Liberatore during his more than 30 years of service with Kforce. Mr. Dunkel will retire effective December 30, 2021 but remain employed by Kforce, on a limited, part-time basis and continue to serve as the Chairman of the Board of Directors (Board),” Kforce said.
Kforce said: “Joseph J. Liberatore, the Firm’s current President and a more than 30-year veteran of the Company will succeed David L. Dunkel as Chief Executive Officer (CEO), effective January 1, 2022.”
Kforce further said: “On November 30, 2021, David L. Dunkel announced that he will retire from his position as the Chief Executive Officer of Kforce Inc. (“Kforce” or the “Firm”), effective December 30, 2021.”
“There are no disagreements between Mr. Dunkel and the Firm or its Board,” Kforce said.
Share price increase since December 2016
The announcement follows an increase in Kforce Inc.’s share price of 232% since December 2016.
In the position of CEO since 1994
Dave Dunkel became CEO of the Company in 1994.
Dunkel has served as Kforce’s Chairman, Chief Executive Officer and a director since the Firm’s incorporation in 1994.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Dave Dunkel’s move on a scale of 0 to 10.
exechange reached out to Kforce and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 50.2021 ($).