Veritude Appoints Diane Shelgren to Head Strategy and Client Development

Veritude, a leading provider of strategic human resources, has named Diane Shelgren executive vice president of strategy and client development.

BOSTON--(BUSINESS WIRE)--May 23, 2006--Veritude, a leading provider of strategic human resources, has named Diane Shelgren executive vice president of strategy and client development.

Shelgren is an accomplished professional with domestic and international expertise in HR services having worked with Fortune 500 companies and entrepreneurial ventures. In this new role, Shelgren is responsible for leading Veritude's strategy, business development and marketing operations. Veritude provides staffing and technology services as well as workforce consulting.

"Diane brings a wealth of experience in all facets of sales, client relationship and strategy that will help Veritude successfully execute our strategic goals," says Veritude president and CEO Bob Lopes. "Diane's proven leadership and expertise is a tremendous addition to our company."

Shelgren has extensive experience in all aspects of operations, sales and strategy. Before joining Veritude, she was an independent consultant providing services to the global HR services market. Prior to this role, Shelgren was a senior executive for Accenture HR Services, where she revitalized the business, building and developing a new management team and increasing revenues. She also served as senior vice president at Spherion, where she was responsible for recruitment process outsourcing, product management, alliances, and implementation and transition of new clients. Shelgren has also held executive positions in HR services at Ceridian and PricewaterhouseCoopers.

"This is an exciting opportunity," says Shelgren. "Veritude is a leader in staffing and talent management with an impressive variety of comprehensive solutions. I am delighted to be on the forefront of the industry with Veritude's innovative and integrated approach to talent acquisition."

Shelgren is an internationally recognized expert on HR outsourcing. She is a graduate of the University of Minnesota.

Veritude is a wholly owned subsidiary of Fidelity Investments. Headquartered in Boston, the company serves clients throughout the United States and Canada.

About Veritude

Veritude provides strategic human resources - the talent, technology and tactics that growing firms need in order to anticipate and adapt to changes in the workplace - and is part of Fidelity's ongoing investment and leadership in outsourced HR services. For more information, visit www.veritude.com.

Tricia Woods

Sparkatects, Inc.

Integrated Marketing Services

(617) 325-5850

tricia[at]sparkatects.com

Igniting Opportunities. Implementing Solutions.

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