BUFFALO, N.Y., April 19, 2022 (GLOBE NEWSWIRE) —
CTG
(Nasdaq: CTG) (“Company”), a leader in helping companies employ
digital IT solutions and services
to drive productivity and profitability in North America and Western Europe, announced today the promotion of Brett Hunt to the newly formed position of Vice President of Solutions and Delivery, North America.
“As we accelerate the execution of our strategy to strengthen CTG’s digital solutions to help our clients achieve more, we are structuring the organization to facilitate scalability and speed. It takes the right people in the right roles to drive change,” said Filip Gydé, CTG President and CEO. “Brett has proven in the short time he has been with CTG that he has the tenacity and conviction to deliver on our vision. He has captured new business, created new customer and partner relationships and, importantly, collaborated very well with the team to deliver results. Our people are our most important asset. We believe cooperation, engagement, and supporting our teams and individuals’ successes are what will enable us to achieve our strategic goals,” Mr. Gydé continued.
Mr. Hunt joined CTG in July 2020 as Managing Director of Solutions, North America, after 20 years with HP, where he last served as Worldwide Director of Security Solutions. In his new role, Mr. Hunt will be responsible for executing and evolving CTG’s solutions strategy in North America by creating and deploying innovative digital technology solutions that solve customers’ most difficult challenges with automation, workflow, people engagement, process improvement, and elimination of paper processes.
About CTG
CTG is a leading provider of digital transformation solutions and services that accelerate clients’ project momentum and achievement of their desired IT and business outcomes. We have earned a reputation as a faster and more reliable, results-driven partner focused on improved data-driven decision making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG has operations in North America, South America, Western Europe, and India. The Company regularly posts news and other important information at
www.ctg.com
.
Safe Harbor Statement
This document contains certain forward-looking statements concerning the Company’s current expectations as to future growth, financial outlook, business strategy, and performance expectations for 2022 and beyond and statements related to cost control, new business opportunities, financial performance, market demand, and other attributes of the Company, which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995. Generally, the words “anticipates”, “believes”, “expects”, “plans”, “may”, “will”, “would”, “should”, “seeks”, “estimates”, “project”, “predict”, “potential”, “currently”, “continue”, “intends”, “outlook”, and other similar words identify forward-looking statements. These statements are based upon the Company’s current expectations and assumptions, a review of industry reports, current business conditions in the areas where the Company does business, feedback from existing and potential new clients, a review of current and proposed legislation and governmental regulations that may affect the Company and/or its clients, and other future events or circumstances. Actual results could differ materially from the outlook guidance, expectations, and other forward-looking statements as a result of a number of factors and risks, including among others, the effects of the COVID-19 pandemic and the regulatory, social and business responses thereto on the Company’s business, operations, employees, contractors and clients, the availability to the Company of qualified professional staff, domestic and foreign industry competition for clients and talent, increased bargaining power of large clients, the Company’s ability to protect confidential client data, the partial or complete loss of the revenue the Company generates from International Business Machines Corporation (IBM), the ability to integrate businesses when acquired and retain their clients while achieving cost reduction targets, the uncertainty of clients’ implementations of cost reduction projects, the effect of healthcare reform and initiatives, the mix of work between solutions and staffing, currency exchange risks, risks associated with operating in foreign jurisdictions, renegotiations, nullification, or breaches of contracts with clients, vendors, subcontractors or other parties, the change in valuation of capitalized software balances, the impact of current and future laws and government regulation, as well as repeal or modification of such, affecting the information technology (IT) solutions and staffing industry, taxes and the Company’s operations in particular, industry and economic conditions, including fluctuations in demand for IT services, consolidation among the Company’s competitors or clients, the need to supplement or change our IT services in response to new offerings in the industry or changes in client requirements for IT products and solutions, actions of activist shareholders, and other factors that involve risk and uncertainty including those listed in the Company’s reports filed with the Securities and Exchange Commission. Such forward-looking statements should be read in conjunction with the Company’s disclosures set forth in the Company’s Form 10-K for the year ended December 31, 2021, including the uncertainties described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections and other reports, including but not limited to subsequent quarterly reports on Form 10-Q, that may be filed from time to time with the Securities and Exchange Commission and may be obtained through the Securities and Exchange Commission’s Electronic Data Gathering and Analysis Retrieval System (“EDGAR”) at www.sec.gov. The Company assumes no obligation to update the forward-looking information contained in this release.
Investor Relations: John M. Laubacker, EVP, Chief Financial Officer, and Treasurer +1 716 887 7368 Deborah Pawlowski, Kei Advisors LLC [email protected] +1 716 843 3908 Media: Amanda LeBlanc, Chief Marketing Officer and Vice President, Global Marketing [email protected] +1 225 772 8865
