TAMPA, Fla. - (January 6, 2005) - Advantec, the nation´s leading human resource company, announced today the appointment of Pat Goepel as the company´s new Chief Executive Officer. Goepel has an extensive background in the Human Resource Outsourcing (HRO) industry and brings to Advantec more than 15 years of leadership experience from two of the world´s largest human resource companies. In his new role, Goepel will be responsible for growing the business and overseeing day-to-day activities of the company.
Goepel is the former Executive Vice President of Ceridian, a leading HR managed business solutions organization serving more than 20 million employees, which represents approximately 18% of the U.S. workforce. In his various roles with Ceridian, Goepel was responsible for Ceridian´s large employer business segment in the U.S., including strategy, M&A and business development, as well as launching Ceridian´s HRO operation. He held profit-and-loss responsibilities for a 4,000-employee operation, providing leadership for the U.S. operations including sales, customer service, implementation and production. Goepel held several key leadership positions for Ceridian since 1994, including Senior Vice President of Sales where he led a national sales force of 700 in bringing new products to market and doubling sales in a three-year period. Goepel also held various positions with ADP, one of the largest providers of transaction-based business solutions.
Founder and Chairman of the Board of Directors, Charles M. Davis, Jr., commented, "We are fortunate to have attracted one of the leading outsourcing executives in the country to spearhead the next generation of products and services that our company will be launching in our quest to be a market leader in this very dynamic, vastly under-penetrated and extremely high-growth industry."
Goepel has received many national awards and was recognized twice as an HRO Superstar by HRO Today. He serves on various boards across the country and received his education in Business Administration at Marquette University.
Mr. Goepel commented, "I am excited about my decision to join Advantec. I see this as an opportunity to continue to build and grow the premier HR Outsourcing and Solutions Company. We have great products, exceptional talent and a strong desire to provide proven, value-added solutions for our clients in our market space. Keep your eye on us...it is going to be an exciting time at Advantec."
Former Chief Executive Officer, James (Jack) K. Murray III, has been named the new Vice Chairman of Advantec effective immediately. "Mr. Murray commented, "I really look forward to working with Pat and continuing to build upon the momentum we have established in the past several years. In particular, I think there are some very interesting acquisition opportunities we will pursue as we continue to aggressively add operating leverage to this very scalable business model."
About Advantec
Headquartered in Tampa, Florida, Advantec delivers practical human resource outsourcing and proven solutions. Advantec currently distributes its services in more than 60 markets in Florida, Georgia, Illinois, Texas and North Carolina. Advantec serves more than 500 clients representing nearly 20,000 worksite employees. For more information, please visit www.advantec-hr.com.
Of Note: Trident Capital is a significant investor in Advantec.