Monday, May 7, 2012

Gevity to terminate CEO Lavington, other execs prior to merger - Tampa Bay Business Journal:

retention-jackjacks.blogspot.com
is expected to acquire the Bradenton professionallemployer organization. Among the executivea to lose their jobs are Michael chairman and chiefexecutive officer; Garry Welsh, senior vice presiden and chief financial officer; James Hardee, senior vice president and chief sales and marketing officer; Paul Benz, senior vice president and chief informatiom officer; and Edwin Hightower Jr., senior vice presidentr and chief legal The company provided a notice of terminatioh of employment in a document filed with the Securities and Exchange Commission dated May 15. First announced Marcnh 5, the merger with TriNet was approved by Gevity shareholderds in a May20 vote.
Gevity (NASDAQ: reported a net loss of $3.7 million, or 15 centd a share, for the first quarterr of 2009, compared to a net loss of $1.6 or 7 cents per share, for the firstf quarter in 2008.

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