PRC Names Outsourcing Veteran Steven K. Richards as Chief Executive Officer
2008-08-05 13:30:00
PRC Names Outsourcing Veteran Steven K. Richards as Chief Executive Officer
FT. LAUDERDALE, Fla.–(EMWNews)–PRC, LLC, a leading provider of outsourced customer management services,
announced today that Steven K. Richards has been appointed Chief
Executive Officer of the Company, effective immediately. Mr. Richards
will also join the Board of PRC’s parent
company.
Mr. Richards succeeds Jerry McElhatton, who served as PRC’s
CEO during its recently-completed reorganization. Mr. McElhatton will
remain with the Company in an advisory capacity during a transitional
period.
Mr. Richards, 45, is a seasoned executive with an outstanding record of
achieving growth and profitability in the Business Process Outsourcing
(BPO) industry. Prior to joining PRC, he served as President of
Transworld Systems, the largest North American commercial receivables
management solutions outsourcer, where during his four-year tenure he
led an expansion of the business and delivered record revenues and
earnings. Prior to Transworld, from January 2002 through April of 2004
he served in a variety of senior executive roles, including COO, at RMH
Teleservices, a leading North American call center outsourcer. During
his tenure, he was responsible for achieving substantial growth and
improvement in the company’s profitability as
the result of a series of rigorous sales and operational initiatives. In
addition to these leadership roles, Mr. Richards previously held key
positions with AT&T and with Excel Communications, a unit of BCE Inc.
“I am delighted to join PRC as we embark on an
exciting new stage in the Company’s history,”
Mr. Richards said. “PRC has a well-deserved
reputation for delivering superior customer satisfaction for its marquee
clients and providing outstanding service to their customers. Our top
priority will be to continue to deliver on PRC’s
commitment to 100%, across-the-board client satisfaction. PRC has an
excellent team of talented, forward-thinking professionals, and I look
forward to working closely with them as we grow the business together.”
Mr. McElhatton added, “Steve brings a wealth
of experience in the BPO industry and outstanding leadership credentials
to PRC. I am confident that Steve and his team will capitalize on PRC’s
financial stability and operational effectiveness to realize PRC’s
ambitious growth and profitability objectives.”
Mr. Richards earned a Business degree with honors at Penn State and has
completed Executive Programs at Duke, UVA and Penn State.
About PRC
PRC is an outsourced Business Solutions Provider globally delivering
Customer Management and Sales & Marketing services on behalf of leading
brands. With over 25 years of experience, PRC delivers solutions that
support communications to target, acquire, grow, retain and develop
customer relationships that deliver a positive return on their clients’
investment. Headquartered in Ft. Lauderdale, Florida, the Company
supports clients worldwide through its global network of centers. PRC is
privately held. The largest equity holders of its parent company are
investment firms that are affiliates of Babson Capital Management, LLC,
Bayside Capital and Silver Point Capital. For more information, visit www.prcnet.com.
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