Form 8-K
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): August 3, 2010
TeamStaff, Inc.
(Exact name of registrant as specified in its charter)
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New Jersey |
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0-18492 |
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22-1899798 |
(State or other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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1 Executive
Drive
Somerset, NJ
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08873 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number,
including area code: (866) 352-5304
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(Former name or former address if changed since last report.) |
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On August 3, 2010, Cheryl Presuto, the Chief Financial Officer of
TeamStaff, Inc. (the Company) notified the Company that she will
resign from her position effective August 27, 2010 to pursue
another career opportunity. On August 9, 2010, the Company
issued a press release announcing Ms. Presutos decision to leave
the Company. The press release is filed as Exhibit 99.1 to this
Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
The following exhibit is filed or furnished herewith:
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(d)
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Exhibit No.
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Description of Document |
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99.1 |
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Press Release dated August 9, 2010 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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TeamStaff, Inc.
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By: |
/s/ Zachary C. Parker
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Name: |
Zachary C. Parker |
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Title: |
Chief Executive Officer and President |
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Date: August 9, 2010
Exhibit Index
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Exhibit No. |
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Description of Document |
99.1
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Press Release dated August 9, 2010 |
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Exhibit 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACTS:
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Zachary C. Parker
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Donald C. Weinberger/Diana Bittner (media) |
President
and Chief Executive Officer
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Wolfe Axelrod Weinberger Associates, LLC |
TeamStaff, Inc.
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212-370-4500 |
1 Executive Drive
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don@wolfeaxelrod.com |
Somerset, NJ 08873
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diana@wolfeaxelrod.com |
866-352-5304 |
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TeamStaff Announces Resignation
Of Chief Financial Officer
Somerset, New Jersey August 9, 2010 TeamStaff, Inc. (Nasdaq: TSTF) a leading logistics and
healthcare services provider to the Federal Government and Department of Defense, today announced
that Cheryl Presuto, the companys chief financial officer, will be leaving the company effective
August 27, 2010 to pursue another career opportunity.
Cheryl has developed a strong accounting and finance infrastructure and accomplished a great deal
over the years that she has been with our company, including assisting TeamStaff consummate its
recently announced loan facility. Cheryl is a talented individual with a bright business future,
and we wish her much success, said Zachary C. Parker, the companys president and chief executive
officer.
TeamStaff has commenced the process to find a new CFO and to ensure operational and reporting
continuity.
My time at TeamStaff has been a rewarding experience, both professionally and personally, and I am
honored to have been able to serve as TeamStaffs CFO, Ms. Presuto said. I am proud of the strong
team we have built and all the things we accomplished together over the past eight years. I wish
TeamStaff all the best in the future.
About TeamStaff, Inc.
TeamStaff serves clients and their employees throughout the United States as a full-service
provider of logistics and healthcare support services through its subsidiary, TeamStaff GS.
TeamStaff GS specializes in providing high quality healthcare, logistics, and technical services to
Federal agencies and the Department of Defense. For more information, visit the TeamStaff web site
at www.teamstaff.com.
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