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ManpowerGroup reported third-quarter revenue of $4.8 billion, with organic constant-currency growth of 6%. Becky Frankiewicz will become CEO effective January 1, 2027, as Jonas Prising becomes Executive Chair; fourth-quarter revenue growth is forecast at 3% to 7%.
* Shares of ManpowerGroup tumble more than 20% to $41.41 premarket * The employment services provider sees Q4 EPS of $1.03 to $1.13, the midpoint of which is below the $1.10 estimate, per data compiled by LSEG * Q3 rev of $4.84 bln misses est $4.86 bln * Q3 adjusted profit per share of $1.01 in line with estimates * Co
ManpowerGroup appointed Becky Frankiewicz CEO, effective January 1, 2027, succeeding Jonas Prising. Frankiewicz, currently president and chief strategy officer, will also join the board. Prising, CEO since 2014, will become executive chair on the same date. Disclaimer: This news brief was created by Public Technologies
Becky Frankiewicz will join ManpowerGroup’s board as CEO, while current CEO Jonas Prising will become executive chair after serving as CEO since 2014.