Harte Hanks Announces CFO Transition Plan - Seite 2

Harte Hanks has already initiated a formal search process to select a permanent Chief Financial Officer to advance the company's current growth plans and new market goals. Garrison's interim appointment supports the strategic direction and growth-phase plan launched earlier this year after Harte Hanks celebrated its 100-year anniversary. The plan, which kicked off with the appointment of industry-veteran Kirk Davis as new CEO, is strategically designed to help Harte Hanks continue to adapt, change, and modernize, as it has done successfully for a century in business.

The company's strategic plan includes a collaboration with the Kearney organization, a highly respected global management consulting firm. "I've had previous experience working with Kearney and am confident in their ability to help us mitigate inflation, benefit from their excellence in procurement and for our team to gain a deeper understanding of our profit potential," said Davis. "Our engagement with Kearney is underway and will conclude before year end. The goal is to achieve the flexibility to not only drive profitability, but also make strategic investments that will support growth and further our technical aptitude."

The company has also hired a new SVP of Sales and Marketing, with a formal announcement on this role to occur later this month.

"Having just completed my first full quarter with Harte Hanks, I am confident these actions will support our ambitions to have a strong 2024," said Davis. Davis also noted that he remains comfortable with the most recently disclosed revenue baseline for fiscal 2023.

"Harte Hanks has a proud heritage, and the momentum we have right now is a very positive sign for our next 100 years," continued CEO Kirk Davis. "We have a highly capable team in place, including many key long-term members of our management team and a creative, smart, motivated group of employees across all departments. We are very enthusiastic about the future and see profitable opportunities ahead for Harte Hanks."

About Harte Hanks:

Harte Hanks (NASDAQ: HHS) is a leading global customer experience company whose mission is to partner with clients to provide them with CX strategy, data-driven analytics and actionable insights combined with seamless program execution to better understand, attract and engage their customers.

Using its unparalleled resources and award-winning talent in the areas of Customer Care, Fulfillment and Logistics, and Marketing Services, Harte Hanks has a proven track record of driving results for some of the world's premier brands, including Bank of America, GlaxoSmithKline, Unilever, Pfizer, HBOMax, Volvo, Ford, FedEx, Midea, Sony and IBM among others. Headquartered in Chelmsford, Massachusetts, Harte Hanks has over 2,500 employees in offices across the Americas, Europe, and Asia Pacific.