PITTSBURGH, July 22 /PRNewswire-FirstCall/ -- Mastech Holdings, Inc.,
(NYSE Amex: MHH), a national provider of Information Technology Staffing
services, announced today that staffing industry veteran Thomas B. Moran has
been appointed as the Company's President and Chief Executive Officer and
Director.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080508/NETH059LOGO-b )
In making the announcement, Mr. Wadhwani, Mastech's Co-Chairman and
interim CEO, stated that, "Tom is the right executive to formulate a growth
strategy which will move Mastech into the next phase of its evolution. During
Tom's tenure at Hudson Highland, the company achieved record revenues through
a combination of organic growth and select acquisitions." Commenting on the
appointment, Co-Chairman Ashok Trivedi stated, "We are very pleased to have
someone with Tom's industry background and proven track record to guide
Mastech during these challenging, but opportunistic, times."
Tom Moran said: "I am very excited about the opportunities presented in
leading Mastech. The Company is well positioned in the markets that it
serves, has a scalable business model and a healthy financial position. I
look forward to working with the Board of Directors and the management team to
put Mastech on a path for future growth to create shareholder value."
Mr. Moran has more than 20 years of experience in the staffing industry
and has held leadership positions at several of the industry's largest
players. Prior to joining Mastech, Mr. Moran served as "CEO Partner" for
Frontenac Company, Inc., a private equity firm. From 2002 to 2007, Mr. Moran
was the President and CEO of Hudson Highland Group, Inc., Americas, where he
built a management team that led the organization to record revenues and
profits. Mr. Moran also served in various leadership roles at Robert Half
International from 1995 to 2002, where he was responsible for directing and
growing operations as the District President for one of their largest
multi-state territories in North America.
Tom has been very involved with several different organizations within the
staffing industry, as well as professional organizations within the sectors
his businesses support. He will be a valuable addition to the Company and its
shareholders.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years of IT experience, Mastech (NYSE Amex:
MHH) provides Information Technology Staffing services in the disciplines
which drive today's business operations. More information about Mastech can
be found at Mastech's website: www.mastech.com.
SOURCE Mastech Holdings, Inc.
-0- 07/22/2009
/CONTACT: Donna Mascia, Manager, Investor Relations of Mastech Holdings,
Inc., +1-888-330-5497/
/Photo: http://www.newscom.com/cgi-bin/prnh/20080508/NETH059LOGO-b
http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
/Web Site: http://www.mastech.com /
(MHH)
CO: Mastech Holdings, Inc.
ST: Pennsylvania
IN: WRK CPR ITE
SU: PER
PR
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5348 07/22/200916:30 EDThttp://www.prnewswire.com