Roger Fridholm Ending Full-time Involvement at MSX International, Inc.
19 June 2000
Roger Fridholm Ending Full-time Involvement at MSX International, Inc.AUBURN HILLS, Mich. - Roger Fridholm has announced he will be ending his full-time involvement at MSX International, Inc., at the end of June. Fridholm has served as President of Business, Technology and Staffing Services since 1998. "Two years ago, Bill Billig asked me to assist him in his interim CEO role at MSX International. With Tom Stallkamp's arrival and the new long-term organization being put in place, I have successfully completed what Bill asked me to do. We have had dramatic sales and profit growth in the Company, especially in Staffing Services, which has been one of my major priorities," Fridholm said. "We have appreciated all that Roger has done," said Billig, Chairman of MSX International. "He has been invaluable to me during this interim period. I understand and support his decision to focus again on his entrepreneurial interests." Fridholm will be devoting his time to the businesses he owns and to his responsibilities on several boards of directors, as well as expanding other business interests. MSX International, headquartered in Auburn Hills, Michigan, is a leading, global provider of technology-driven engineering, business, and specialized staffing services. With annual sales exceeding $1 billion, MSX International deploys more than 17,000 professional staff and contract personnel at over 85 operating locations in 23 countries. The company's services enable customers to significantly improve their business performance by adding value and helping them to achieve a competitive advantage. This document contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of any number of factors, many of which are beyond the control of management. These important factors are discussed in MSX International's filings with the Securities and Exchange Commission.