Business Services Industry

Workstream Appoints Industry Veteran Jeff C. Yehle as Senior Vice President of Sales; Industry Executive to drive Direct Sales Channel and lead Strategic Growth Accounts

Business Wire, May 3, 2005

OTTAWA -- Workstream Inc. (TM) (NASDAQ: WSTM), a provider of On-Demand Enterprise Workforce Management software today announced the appointment of Jeff Yehle as Senior Vice President of Sales. Jeff will lead Workstream's North American direct sales force and will manage the companies Strategic Growth Accounts (SGA), as well as being responsible for overseeing revenue for Workstream's 400 plus enterprise software customers.

"I am excited to be joining Workstream at this formative time in the company's development. With a strong foundation, Workstream is well positioned for growth with its strong customer base, impressive software products and a winning 'go to market' strategy. I am looking forward to contributing to the growing success of Workstream," said Jeff Yehle.

Jeff was most recently the National Sales Director for Manpower's (NYSE: MAN) Corporate Account sales team. In this role, Jeff managed the Corporate Account Executives, and oversaw the senior-level relationships of Manpower's largest customers comprising of over $450 million in annual revenue. While at Manpower, Jeff's team grew corporate account revenue by more than 20% year over year, and changed from an inbound account management team to an outbound sales team.

Prior to Manpower, Jeff was the Global Vice President for Monster.com (NASDAQ: MNST) (now Monster Worldwide). During his tenure at Monster, revenues grew from $48 million in 1998 to over $700 million in 2001, becoming the employment brand of choice and the #1 career portal. Jeff was also responsible for the management and development of Administration, HR, and Facilities Management in 16 countries worldwide. As the senior HR executive for Monster, Jeff developed and implemented a completely new HR function and organizational development in a period of dramatic growth. Jeff holds a Bachelor degree from Arizona State University and he also attended business school at Kellogg School of Management at Northwestern University in Chicago.

"We are pleased that Jeff has joined our executive team and welcome his industry expertise and public company experience. Jeff brings strong HR relationships within Fortune 2000 corporations and a wealth of experience with growth oriented companies," said Michael Mullarkey, Chairman and CEO of Workstream. "We have assembled a team of talented and seasoned professionals to ensure we develop long term business relationships required to meet our growth objectives," continued Mullarkey.

About Workstream Inc.

Workstream provides On-Demand Enterprise Workforce Management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards and Transition. Access to TalentCenter is offered on a monthly subscription basis under an On-Demand software delivery model to help companies build high performing workforces, while controlling costs. With nine offices across North America, Workstream services customers including Chevron, Eli Lilly Canada, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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