On Assignment Names Jennifer Hankes Painter as Vice President and General Counsel

On Assignment Names Jennifer Hankes Painter as Vice President and General Counsel

CALABASAS, Calif.--(BUSINESS WIRE)-- On Assignment, Inc. (NYS: ASGN) , a leading global provider of diversified professional staffing solutions, announced today that it has named Jennifer Hankes Painter as the company's Vice President and General Counsel.

Peter Dameris, President and CEO of On Assignment, commented, "We are pleased to have someone of Jen's caliber join us as Vice President and General Counsel. Jen, with her background, professionalism, and talent, will be a great asset to On Assignment. We are equally thrilled that the decision of our outgoing General Counsel, Tarini Ramaprakash, to balance her profession and family includes remaining as Assistant General Counsel. We will continue to benefit from Tarini's experience and decade-long tenure with the company as we continue to grow."

Ms. Painter joins On Assignment after serving since 2009 as Vice President, General Counsel, Chief Compliance Officer, and Secretary of MRV Communications, Inc., a global provider of carrier Ethernet, wavelength division multiplexing optical transport, infrastructure management equipment and solutions as well as network integration and managed services. From 2004 through 2008, Ms. Painter served as Vice President and Assistant General Counsel for The Ryland Group, Inc., a leading national homebuilder traded on NYSE, where she was responsible for the company's regulatory compliance, corporate governance, financings, and general corporate and employment law. From 2001 through 2004, Ms. Painter served as Vice President and General Counsel of Cadiz, Inc., a water and agricultural company traded on NASDAQ, where she was responsible for the company's domestic and international legal and compliance issues. Prior to joining Cadiz, Ms. Painter was employed as an associate with Sullivan & Cromwell LLP, an international law firm, where she dealt with merger and acquisition transactions, securities, and other corporate matters. She was an officer in the U.S. Army Corps of Engineers prior to her legal career. She received a Bachelor of Science degree in Civil Engineering from the U.S. Military Academy at West Point and a Juris Doctor degree from Loyola Law School of Los Angeles.

In connection with the commencement of her employment with On Assignment, on June 3, 2013, On Assignment granted Ms. Painter a restricted stock unit award covering 5,444 shares of On Assignment common stock. The restricted stock unit award will vest, subject to continued service, with respect to 1,361 shares on the first anniversary of the grant date, and with respect to 4,083 shares over the next two years in substantially equal quarterly installments. The restricted stock unit awards are granted as employment inducement awards pursuant to the NYSE rules.

Safe Harbor

Certain statements made in this news release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding the Company's anticipated financial and operating performance in 2013. All statements in this release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results might differ materially. In particular, the Company makes no assurances that the estimates of revenues, gross margin, SG&A, Adjusted EBITDA, income from continuing operations, adjusted income from continuing operations, earnings per share or earnings per diluted share set forth above will be achieved. Factors that could cause or contribute to such differences include actual demand for our services, our ability to attract, train and retain qualified staffing consultants, our ability to remain competitive in obtaining and retaining temporary staffing clients, the availability of qualified temporary nurses and other qualified temporary professionals, management of our growth, continued performance of our enterprise-wide information systems, and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ending December 31, 2012, as filed with the SEC on March 18, 2013. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.

About On Assignment

On Assignment, Inc. (NYS: ASGN) , is a leading global provider of in-demand, skilled professionals in the growing technology, healthcare, and life sciences sectors, where quality people are the key to success. We provide short- and long-term placement of contract, contract-to-hire, and direct hire professionals. With nearly three decades of experience, On Assignment focuses on positions that advance our clients' competitive advantage while remaining the employer of choice for professionals at various stages in their career.

On Assignment was founded in 1985 and went public in 1992. The corporate headquarters is located in Calabasas, California, with a network of approximately 130 branch offices throughout the United States, Canada, United Kingdom, Netherlands, Ireland, and Belgium. Additionally, physician placements are made in Australia and New Zealand. To learn more, visit http://www.onassignment.com.

On Assignment, Inc.
Ed Pierce
Chief Financial Officer

KEYWORDS: United States North America California


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