Volt Information Sciences Promotes Lori Schultz to Chief Global Solutions Officer

NEW YORK–(BUSINESS WIRE)–Volt Information Sciences, Inc. (“Volt” or the “Company”) (NYSE-AMERICAN: VISI), an international provider of staffing services and managed service programs, today announced the promotion of Lori Schultz to the executive role of Chief Global Solutions Officer.

In her new role, she will add management of the Company’s international business segment and its Arctern subsidiary to her responsibilities. Ms. Schultz joined the Company in August 2018 as a Chief Operating Officer managing central and program operations, Volt Consulting Group (Volt’s managed service program), Design Technical Services and the Company’s IT and engineering staffing business. The scope of her position now expands beyond North America to include Europe, Asia and India.

Ms. Schultz was recently named to SIA’s 2018 Global Power 150 – Women in Staffing, a list that honors the most influential women in international staffing. She was recognized because of her undeniable track record of success, collaborating with industry leaders and Fortune 500 companies to develop and implement strategic workforce solutions that fuel growth.

With a career spanning well over twenty-five years in the IT and technical global staffing, managed services and outsourcing solutions sectors of the staffing industry, Ms. Schultz started at Manpower and advanced through the ranks at Adecco, ultimately serving as a Senior Vice President leading two major business units. In 2009, she became Global President of Yoh Services, where she led a successful business transformation which resulted in returning the business to profitability in just one year by improving sales, marketing, and operations. Later, Ms. Schultz served as Senior Vice President, Global Program Management at Pontoon, where she was responsible for Global Management Services, RPO and Statement of Work Solutions.

Linda Perneau, Volt’s President and CEO, said, “Lori plays a dynamic and key role within our organization and is instrumental in the ongoing execution of our global operating strategy. I am grateful for her partnership and believe our employees around the world will benefit tremendously from her experience and leadership.”

About Volt Information Sciences, Inc.

Volt Information Sciences, Inc. is a global provider of staffing services (traditional time and materials-based as well as project-based). Our staffing services consist of workforce solutions that include providing contingent workers, personnel recruitment services, and managed staffing services programs supporting primarily administrative, technical, information technology, light-industrial and engineering positions. Our managed staffing programs involve managing the procurement and on-boarding of contingent workers from multiple providers. Volt services global industries including aerospace, automotive, banking and finance, consumer electronics, information technology, insurance, life sciences, manufacturing, media and entertainment, pharmaceutical, software, telecommunications, transportation, and utilities. For more information, visit www.volt.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to a number of known and unknown risks, including, among others, general economic, competitive and other business conditions, the degree and timing of customer utilization and rate of renewals of contracts with the Company, and the degree of success of business improvement initiatives that could cause actual results, performance and achievements to differ materially from those described or implied in the forward-looking statements. Information concerning these and other factors that could cause actual results to differ materially from those in the forward-looking statements are contained in company reports filed with the Securities and Exchange Commission (“SEC”). Copies of the Company’s latest Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as filed with the SEC, are available without charge upon request to Volt Information Sciences, Inc., 50 Charles Lindbergh Blvd., Suite 206, Uniondale NY 11553, Attention: Shareholder Relations. These and other SEC filings by the Company are also available to the public over the Internet at the SEC’s website at http://www.sec.gov and at the Company’s website at http://www.volt.com in the Investor & Governance section.


Investor Contacts:

Volt Information Sciences, Inc.


Lasse Glassen

Addo Investor Relations



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