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Posted 15 June, 2022

TrueBlue, Inc. appointed Steven C. Cooper as new CEO

NYSE:TBI appointed new Chief Executive Officer Steven C. Cooper in a 8-K filed on 15 June, 2022.


  Steven C. Cooper, age 60, current Chairman and former CEO of the Company, has been appointed to serve as Chief Executive Officer of the Company, effective June 14, 2022.  

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Overview of TrueBlue, Inc.
Business/Consumer Services • Employment/Training Services
TrueBlue, Inc. engages in the provision of staffing, recruitment process outsourcing and managed service provider solutions. It operates through the following segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers staffing solutions for blue-collar, contingent on-demand and skilled labor to a broad range of industries that include retail, manufacturing, warehousing, logistics, energy, construction, hospitality and others. The PeopleManagement segment supplies contingent labor and outsourced industrial workforce solutions. The PeopleScout segment covers the provision of permanent employee recruitment process outsourcing for its customers for all major industries and jobs. The company was founded by John Ross Coghlan and Glenn Welstad in 1989 and is headquartered in Tacoma, WA.
Market Cap
$367M
View Company Details
TrueBlue, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On June 15, 2022, TrueBlue, Inc. (the "Company") announced that Patrick Beharelle has resigned as Chief Executive Officer and as a member of the Board of Directors of the Company, effective June 14, 2022. Mr. Beharelle's resignation follows an investigation, led by outside counsel, into allegations regarding his conduct. Based on the findings of this investigation, the Board of Directors determined he engaged in behaviors that violate TrueBlue's policies and Code of Conduct. Mr. Beharelle's conduct in question was not related to financial controls, financial statements or business performance. Mr. Beharelle will not receive any severance payment in connection with his resignation.


Steven C. Cooper, age 60, current Chairman and former CEO of the Company, has been appointed to serve as Chief Executive Officer of the Company, effective June 14, 2022. Biographical information regarding Mr. Cooper is included on page 18 of the Company's proxy statement for its 2022 Annual Meeting of Shareholders and is incorporated herein by reference. Mr. Cooper's compensation arrangements as Chief Executive Officer have not yet been finalized. The Company will file an amendment to this Current Report on Form 8-K within four business days of such arrangements being finalized.