0001140361-14-023477.txt : 20140529 0001140361-14-023477.hdr.sgml : 20140529 20140529142938 ACCESSION NUMBER: 0001140361-14-023477 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20140527 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140529 DATE AS OF CHANGE: 20140529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL EMPLOYMENT ENTERPRISES INC CENTRAL INDEX KEY: 0000040570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EMPLOYMENT AGENCIES [7361] IRS NUMBER: 366097429 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05707 FILM NUMBER: 14875524 BUSINESS ADDRESS: STREET 1: ONE TOWER LANE STREET 2: SUITE 2200 CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 630-954-0400 MAIL ADDRESS: STREET 1: ONE TOWER LANE STREET 2: SUITE 2200 CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 FORMER COMPANY: FORMER CONFORMED NAME: OSHEA CHARLES M CORP DATE OF NAME CHANGE: 19670413 8-K 1 form8k.htm GENERAL EMPLOYMENT ENTERPRISES, INC 8-K 5-27-2014

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  May 27, 2014
 
GENERAL EMPLOYMENT ENTERPRISES, INC

(Exact name of registrant as specified in its charter)

Illinois
1-05707
36-6097429
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)

One Tower Lane, Suite 2200, Oakbrook Terrace, Illinois
 
60181
(Address of principal executive offices)
 
(Zip Code)
 
 
 
Registrant’s telephone number, including area code:
 
(630) 954-0400
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


Item 7.01
Regulation FD Disclosure

On May 27, 2014, General Employment Enterprises, Inc. announced that its Ohio-based subsidiary, TRIAD Staffing, which provides superior safety training and injury protocol, will join the Ohio Bureau of Worker's Compensation (BWC) retro group retrospective rating program administered by Spooner, Inc. and sponsored by the National Management Association for the 2014 BWC policy year, which shall be July 1, 2014 through June 30, 2015. 

On May 29, 2014, General Employment Enterprises, Inc. announced that Bill Paulding, former CEO of STAFFLOGIX, was named Manager of Business Development and Operations effective May 27, 2014.
 
Bill Paulding is a dynamic, resultsoriented leader with 15 years-experience and a proven track record in business development, executive management, organizational improvements and strategic planning within the staffing industry.  From 2006 to 2013, Mr. Paulding was the Chief Executive Officer of STAFFLOGIX, a full service staffing company, where he was responsible for setting the vision and strategic direction of the company. There, Mr. Paulding directed the executive team, sales and recruiting team, marketing and brand strategy, service offerings and built a strong company culture that tripled revenues in less than 5 years.  Moreover, Mr. Paulding was instrumental in expanding STAFFLOGIX from an IT staff augmentation company to a national full-service staffing firm which included entry into Light Industrial, Engineering, Accounting/Finance, Clerical, and Healthcare. Prior to founding STAFFLOGIX, Mr. Paulding was the President and Chief Executive Officer from 1996 to 2005 of SILYX Corporation, an information technology consulting company. There, Mr. Paulding developed and lead strategy for rapid sales growth – increasing revenues from $1 million to over $12 million. Having such extensive experience in both staffing and information technology industries, Mr. Paulding has become a subject-matter expert in the areas of recruitment, sales, management and information technology (as it impacts the industry).

Mr. Paulding holds a Bachelor of Science Degree in Communication and Business, and a Master of Science Degree in Technology and Media from Western Illinois University.
 
Item 9.01
Financial Statements and Exhibits.
 
Exhibit No.
 
Description
 
Press release issued by General Employment Enterprises, Inc. dated May 27, 2014.
 
Press release issued by General Employment Enterprises, Inc. dated May 29, 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
GENERAL EMPLOYMENT ENTERPRISES, INC.
 
 
(Registrant)
 
 
 
Date:  May 29, 2014
 
By: /s/ Francis J. Elenio
 
 
Francis J. Elenio
 
 
Chief Financial Officer
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1

EXHIBIT 99.1
 
 
 

General Employment Enterprises, Inc., 184 Shuman Blvd., Suite 420, Naperville, IL  60181, (630) 954-0400

FOR IMMEDIATE RELEASE:
May 27, 2014
 
COMPANY:
General Employment Enterprises, Inc.

CONTACT:
Andrew J. Norstrud

Chief Executive Officer
Phone: (630) 954-0400
Fax: (630) 954-0595
E-mail: invest@genp.com

Howard Gostfrand
Investor Relations
American Capital Ventures
Phone: (305) 918-7000
Email: info@amcapventures.com
 
General Employment Enterprises, Inc.’s Ohio Subsidiary TRIAD Joins Bureau of Worker’s Compensation Retro Group

NAPERVILLE, IL, May 27, 2014 - General Employment Enterprises, Inc. (NYSE MKT: JOB) (the "Company" or “General Employment”) announced that as a result of increased costs related to its worker’s compensation during the first six months of 2014, the Company’s Ohio-based TRIAD Staffing subsidiary, which provides superior safety training and injury protocol, will join the Ohio Bureau of Worker's Compensation  (BWC) retro group retrospective rating program administered by Spooner, Inc. and sponsored by the National Management Association for the 2014 BWC policy year, which shall be July 1, 2014 through June 30, 2015.

Deborah Santora-Tuohy, President of TRIAD Staffing, stated, “TRIAD is committed to safety and loss prevention for its employees and its client's employees. As a part of this retro program, Spooner will provide energetic and effective claims cost control including obtaining, where appropriate, independent medical exams, negotiate settlements with claimant's attorneys, assist the Company to identify temporary return to work assignment for claimants and recommend claims management actions. We have not been able to increase billing rates due to the competitive nature of our clients.  Having this group in place will enable us to be able to continue our great service at a reasonable price for the market.”

“Spooner Incorporated set the standard for managing workers' compensation in 1975. Our proactive philosophy and best practices focus on preventing excessive compensation and medical costs and assisting employees in early, healthy return to work,” commented Andy Lembach, VP of Business Development of Spooner, Inc.

Andrew Norstrud, Chief Executive Officer of General Employment Enterprises, commented, “We look forward to TRIAD joining the Ohio Bureau of Worker's Compensation group and seeing a significant reduction in our workers compensation cost, which will include an opportunity to get rebates back from the state which will have a positive effect on our bottom line. Although it has been a difficult six months, we are working hard to clean up our current issues related to cost and start the latter half of the year on a solid foundation.”
 

 
About General Employment

General Employment Enterprises, Inc. was incorporated in the State of Illinois in 1962 and is the successor to employment offices doing business since 1893.  The Company provides staffing services through a network of 22 branch offices located in eleven states. The Company operates in two industry segments, providing professional staffing services and light industrial staffing services.

Forward-Looking Statements

The statements made in this press release that are not historical facts are forward-looking statements.  Such forward-looking statements often contain or are prefaced by words such as “will” and “expect.” As a result of a number of factors, the Company’s actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause the Company’s actual results to differ materially from those in the forward-looking statements include, without limitation, those factors set forth under the heading “Forward-Looking Statements” in the Company’s  annual report on Form 10-K for the fiscal year ended September 30, 2013, and in the Company’s other filings with the Securities and Exchange Commission.  The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
 
 

EX-99.2 3 ex99_2.htm EXHIBIT 99.2

EXHIBIT 99.2
 
 
 

General Employment Enterprises, Inc., 184 Shuman Blvd., Suite 420, Naperville, IL  60563, (630) 954-0400

FOR IMMEDIATE RELEASE:
May 29, 2014

General Employment Enterprises, Inc. Names Bill Paulding Manager of Business Development and Operations

NAPERVILLE, IL, May 29, 2014 - General Employment Enterprises, Inc. (NYSE MKT: JOB) (“the Company”, "GEE" or “General Employment”) is pleased to announce that it has named former CEO of STAFFLOGIX, William (Bill) Paulding, Manager of Business Development and Operations, effective May 27, 2014.

Bill Paulding is a dynamic, resultsoriented leader with 15 years experience and a proven track record in business development, executive management, organizational improvements and strategic planning within the staffing industry.  From 2006 to 2013, Mr. Paulding was the Chief Executive Officer of STAFFLOGIX, a full service staffing company, where he was responsible for setting the vision and strategic direction of the company. There, Mr. Paulding directed the executive team, sales and recruiting team, marketing and brand strategy, service offerings and built a strong company culture that tripled revenues in less than 5 years.  Moreover, Mr. Paulding was instrumental in expanding STAFFLOGIX from an IT staff augmentation company to a national full-service staffing firm which included entry into Light Industrial, Engineering, Accounting/Finance, Clerical, and Healthcare. Prior to founding STAFFLOGIX, Mr. Paulding was the President and Chief Executive Officer from 1996 to 2005 of SILYX Corporation, an information technology consulting company. There, Mr. Paulding developed and lead strategy for rapid sales growth – increasing revenues from $1 million to over $12 million. Having such extensive experience in both staffing and information technology industries, Mr. Paulding has become a subject-matter expert in the areas of recruitment, sales, management and information technology (as it impacts the industry).

Mr. Paulding holds a Bachelor of Science Degree in Communication and Business, and a Master of Science Degree in Technology and Media from Western Illinois University.
 
Andrew Norstrud, Chief Executive Officer of General Employment , commented, “Bill will be an instrumental leader, not only in the integration of our businesses, but also in the implementation of our business model and expansion of our sales and service offerings. His handson approach to leadership coupled with staffing and IT industry experience, and expertise in areas of business analytics and business process re-engineering will prove highly useful in our expansion efforts in the time ahead.”

Bill Paulding stated, “I am excited to join Andrew and GEE at this critical point in the Company’s story. As Manager of Business Development and Operations, I will be focused on facilitating the expansion of GEE’s brand and service offerings, as well as the integration of new services and businesses coming on board. I look forward to applying my knowledge and successes from STAFFLOGIX to aid GEE in their expansion efforts moving forward.”
 
More information on this release can be found on file with the Securities & Exchange Commission at www.sec.gov.

COMPANY:   General Employment Enterprises, Inc.
 
CONTACT:    Andrew J. Norstrud

Chief Executive Officer
Phone: (813) 769-3580
Fax: (630) 954-0595
E-mail: andrew.norstrud@genp.com

Howard Gostfrand
Investor Relations
American Capital Ventures
Phone: (305) 918-7000
Email: info@amcapventures.com
 

 
About General Employment

General Employment Enterprises, Inc. was incorporated in the State of Illinois in 1962 and is the successor to employment offices doing business since 1893.  The Company provides staffing services through a network of 22 branch offices located in eleven states. The Company operates in two industry segments, providing professional staffing services and light industrial staffing services.

Forward-Looking Statements

The statements made in this press release that are not historical facts are forward-looking statements.  Such forward-looking statements often contain or are prefaced by words such as “will” and “expect.” As a result of a number of factors, the Company’s actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause the Company’s actual results to differ materially from those in the forward-looking statements include, without limitation, those factors set forth under the heading “Forward-Looking Statements” in the Company’s  annual report on Form 10-K for the fiscal year ended September 30, 2013, and in the Company’s other filings with the Securities and Exchange Commission.  The Company is under no obligation to (and expressly disclaims any such obligation to) and does not intend to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
 
 

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