-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BoqcR8lgHjFq6HXi5bPpuzdYNJlRVc0IYTYuxh0zXxgfaX5dutdJFUUY0EXCyIzM k8SwkbHtnkPC1fF3S1ZBvQ== 0000912057-02-026211.txt : 20020702 0000912057-02-026211.hdr.sgml : 20020702 20020702123852 ACCESSION NUMBER: 0000912057-02-026211 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20020613 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALTERNATIVE RESOURCES CORP CENTRAL INDEX KEY: 0000920521 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 382791069 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23940 FILM NUMBER: 02694742 BUSINESS ADDRESS: STREET 1: 100 TRI STATE INTERNATIONAL STREET 2: STE 300 CITY: LINCOLNSHIRE STATE: IL ZIP: 60069 BUSINESS PHONE: 8473171000 MAIL ADDRESS: STREET 1: 75 TRI STATE INTERNATIONAL STREET 2: STE 100 CITY: LINCOLNSHIRE STATE: IL ZIP: 60069 8-K 1 a2083714z8-k.htm 8-K
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) June 13, 2002

ALTERNATIVE RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)

Delaware   0-23940   38-2791069
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)

600 Hart Road, Suite 300, Barrington, IL
(Address of principal executive offices)

 

60010
(Zip code)

(Registrant's telephone number, including area code)        (847) 381-6701




Alternative Resources Corporation
Current Report of Form 8-K


Item 5.    Other Events.

        On June 13, 2002, Alternative Resources Corporation announced the retirement of Ray Hipp as Chairman and Chief Executive Officer effective immediately.

        On July 1, 2002, Alternative Resources Corporation announced the appointment of George W. Watts as President and Chief Executive Officer. Mr. Watts was also appointed to the Board of Directors.


Item 7.    Financial Statements and Exhibits.

        (c)    Exhibits.

        99.1    Press Release issued on June 13, 2002.

        99.2    Press Release issued on July 1, 2002.

2



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.

    ALTERNATIVE RESOURCES CORPORATION

 

 

By:

 

/s/  
STEVEN PURCELL      
Steven Purcell
Chief Financial Officer
Date: July 2, 2002        

3



EXHIBIT INDEX

Exhibit
  Description
  Page
No.


99.1

 

Press Release issued on June 13, 2002.

 

 

99.2

 

Press Release issued on July 1, 2002.

 

 

4




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SIGNATURES
EXHIBIT INDEX
EX-99.1 3 a2083714zex-99_1.htm PRESS RELEASE DTD 6-13-02
LOGO    
TECHNOLOGY    
MANAGEMENT    
& STAFFING   Alternative Resources Corporation
600 Hart Road
Suite 300
Barrington, IL 60010

 

 

 

CONTACT:
Steven Purcell
Chief Financial Officer
(847) 381-6701, Ext. 4251

        FOR IMMEDIATE RELEASE

CEO OF ALTERNATIVE RESOURCES CORPORATION ANNOUNCES
RETIREMENT AT ANNUAL MEETING

        BARRINGTON, IL, June 13, 2002—Alternative Resources Corporation (ARC) (OTC BB: ALRC) Ray Hipp today announced at the Company's annual meeting that he would be retiring as Chairman and Chief Executive Officer effective immediately. Mr. Hipp has been working with the Company's Board of Directors over the last several months on a succession plan.

        Mr. Hipp commented, "I believe the Company is positioned to take advantage of the much anticipated industry upturn and that now would be an appropriate time to transition to new leadership."

        The Company indicated that the Board is in the final stages of evaluating candidates to replace Mr. Hipp and a successor is expected to be named shortly.

About ARC

        ARC is a leading provider of information technology management and staffing services. The company has developed a significant, high quality business in the IT staffing industry with an emphasis on Help Desk, Desktop Support and Technology Deployment Service offerings. The company also has a consulting practice that supports those service offerings. The company operates through 41 field offices and with approximately 80 personnel in field sales, supported by 55 recruiters and its unique organization of over 50 client support managers. The company serves Fortune 1000 and mid-sized clients throughout the US and Canada.

        Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties that could cause actual future results to differ materially from those anticipated in the forward looking statements, including, but not limited to attract and retain qualified technology professionals, to initiate and develop client relationships, to identify and respond to trends in information technology, to gain market acceptance of service offerings, to complete cost reductions and competitive influences as well as other risks described from time to time in the company's filings with the Securities and Exchange Commission. Although the company has used its best efforts to be accurate in making those forward-looking statements, there can be no assurance that the assumptions made by management will materialize. In addition, the information set forth in the company's Form 10-K for the fiscal year ended December 31, 2001, describes certain additional risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. The company undertakes no obligation to publicly revise or update the forward looking statements to reflect new information, subsequent events or otherwise. The above statements are based exclusively on current expectations and do not include the potential impact of any business combinations or divestitures that may be completed after the date of this release.



EX-99.2 4 a2083714zex-99_2.htm PRESS RELEASE DTD 7-1-02
LOGO    
TECHNOLOGY    
MANAGEMENT    
& STAFFING   Alternative Resources Corporation
600 Hart Road
Suite 300
Barrington, IL 60010

CONTACT:
Steven Purcell
Chief Financial Officer
(847) 381-6701, Ext. 4251

        FOR IMMEDIATE RELEASE

ALTERNATIVE RESOURCES CORPORATION ANNOUNCES
THE APPOINTMENT OF GEORGE W. WATTS AS
PRESIDENT AND CHIEF EXECUITVE OFFICER

        BARRINGTON, IL, July 1, 2002—Alternative Resources Corporation (ARC) (OTC BB: ALRC) ARC today announced the appointment of George W. Watts as President and Chief Executive Officer. Mr. Watts was also appointed to the Board of Directors.

        Mr. Watts has significant experience in sales, business-to-business outsourcing, turnarounds, corporate change and strategic business development. Prior to joining ARC, Mr. Watts was President and Chief Executive Officer of Ranger Partners Group, an affiliate of Ranger Aerospace providing strategic consulting and business development services. Additionally, Mr. Watts worked with the company shortly after its inception and for five years helping to build its sales and management team.

        Mr. Watts holds a Doctoral Degree in Psychology from the College of William and Mary and BS and MS degrees in Psychology from James Madison University.

        Mr. Charles W. Sweet, Chairman of the Board of ARC commented that, "We are excited about having George join ARC. His experience and background in sales, sales management and motivation, coupled with his knowledge of ARC, will allow the company to fully exploit its potential."

        George Watts commented that "ARC is widely recognized as a high quality outsourcing partner for information technology solutions in numerous industries. The company is well poised for growth and expansion. With continued focus on our customer's needs we will be well prepared to capitalize on the anticipated economic rebound".

About ARC

        ARC is a leading provider of information technology management and staffing services. The company has developed a significant, high quality business in the IT staffing industry with an emphasis on Help Desk, Desktop Support and Technology Deployment Service offerings. The company also has a consulting practice that supports those service offerings. The company operates through 41 field offices and with approximately 80 personnel in field sales, supported by 55 recruiters and its unique organization of over 50 client support managers. The company serves Fortune 1000 and mid-sized clients throughout the US and Canada.

        Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties that could cause actual future results to differ materially from those anticipated in the forward looking statements, including, but not limited to attract and retain qualified technology professionals, to initiate and develop client relationships, to identify and respond to trends in information technology, to gain market acceptance of service offerings, to complete cost reductions and competitive influences as well as other risks described from time to time in the company's filings with the Securities and Exchange Commission. Although the company has used its best efforts to be accurate in making those forward-looking statements, there can be no assurance that the assumptions made by management will materialize. In addition, the information set forth in the company's Form 10-K for the fiscal year ended December 31, 2001, describes certain additional risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. The company undertakes no obligation to publicly revise or update the forward looking statements to reflect new information, subsequent events or otherwise. The above statements are based exclusively on current expectations and do not include the potential impact of any business combinations or divestitures that may be completed after the date of this release.



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