Kforce Announces Succession Plan

Kforce Announces Succession Plan

  *Joseph J. Liberatore Named President
  *David M. Kelly Named Chief Financial Officer
  *William L. Sanders Named Vice Chairman

TAMPA, Fla., Oct. 29, 2012 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq:KFRC), a
provider of professional staffing services and solutions, today announced
that, effective January 1, 2013, Joseph J. Liberatore will become Kforce's
President and David M. Kelly will become Kforce's Chief Financial Officer.
Bill Sanders, Kforce's current President, will continue serving as Kforce's
President through December 31, 2012 and then become a non-board member Vice
Chairman on January 1, 2013.

David L. Dunkel, Chairman and CEO commented; "I want to express, on behalf of
all of our stakeholders, my sincerest thanks to Bill Sanders for all that he
has done since joining the Firm in 1999. His many contributions to the Firm
will serve as a lasting legacy as we continue to build upon the foundation
that he was instrumental in constructing. I am grateful that the Firm will
have the benefit of Bill's wisdom and experience in his new capacity as Vice
Chairman until the date of his retirement, which is expected to be in June
2013. Bill may continue to serve the Firm as Vice Chairman in a limited
capacity beyond his expected retirement date."

Continued Mr. Dunkel, "We are very excited to have both Joe and Dave move into
these key leadership positions as a result of our succession planning process.
Both have demonstrated an extraordinary record of accomplishments in a number
of roles with the Firm. As President, Joe will be working closely with our
field and clients as the Firm continually evolves to provide an even greater
level of customer service. Joe brings to the table a unique blend of both
operational and financial expertise as well as an extraordinary degree of
knowledge of Kforce and the staffing industry. Dave brings to the CFO role a
very high level of financial expertise and he has been instrumental in driving
many of the operating efficiencies that have been realized over the past
several years."

Joe Liberatore commented, "I am honored and humbled to be given the
opportunity to serve as Kforce's President. The Firm is very well positioned
for success and I am fortunate to be surrounded by one of the best teams in
the industry. Having come up from the field and been at the forefront of the
evolution of staffing over the past 24 years, I am excited to more closely
work with our entire team tounleash the exceptional value we are capable of
providing for our clients and candidates. I am particularly excited at the
opportunities that are in front of us as we continue to further align the
Kforce operating platform with our exceptionally talented sales and delivery
teams.Our goal is to continue to provide exceptional service to existing
clients and to capture client and market share as the skilled workforce
continues to shift towards a contingent model driven by both secular and
cyclical forces."

Mr. Liberatore joined Kforce in 1988 and rapidly progressed through a number
of field leadership roles, including running the Firm's largest Tech staffing
region. More recently, Mr. Liberatore has served as Chief Financial Officer
since 2004 and also serves as Executive Vice President of Kforce Inc.
Previously, Mr. Liberatore was Chief Talent Officer from 2001 to 2004, Chief
Sales Officer from 2000 to 2001 and President of Kforce Interactive from 1998
to 2000. He is a graduate of Oswego State University in New York.

Dave Kelly commented, "I am very excited about this new challenge as we
continue to build on our strong balance sheet and quality earnings and look
forward to fully leveraging our operating platform to drive strong returns for
all of our stakeholders. In my over 12 years with the Firm, I have had the
opportunity to play a role in the development of many synergies between our
back office and field operating units. I am confident that Kforce has the
existing platform to continue to capture market share and translate that
market share into profitable growth.I have the good fortune of knowing that I
will be supported in my new role by an exceptional team."

Mr. Kelly joined Kforce in 2000 as Group Finance Officer for the technology
solutions practice.More recently, he has served as Senior Vice President
ofFinance & Accounting since 2009, Corporate Assistant Secretary since 2010,
Vice President of Finance & Accounting from 2005 to 2009 and Chief Accounting
Officer from 2000 to 2005. Prior to his career at Kforce, Dave held positions
at companies that included Selkirk Financial Technologies and Komatsu America
Corporation, where he served as treasury director and vice president and
controller of one of its operating companies. A graduate of the University of
Illinois with a Bachelor's Degree in Finance, he received an MBA in Accounting
and Finance from the University of Chicago Graduate School of Business.

About Kforce

Kforce (Nasdaq:KFRC) is a professional staffing and solutions firm providing
flexible and permanent staffing solutions in the skill areas of technology,
finance& accounting, and health information management. Backed by more than
2,300 associates and approximately 10,500 consultants on assignment, Kforce is
committed to "Great People = Great Results" for our valued clients and
candidates. Kforce operates with 63 offices located throughout the United
States and one office in the Philippines. For more information, please visit
our Web site at http://www.kforce.com.

The Kforce Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3749

Certain of the above statements contained in this press release are
forward-looking statements that involve a number of risks and uncertainties.
Such forward-looking statements are within the meaning of that term in
Section27A of the Securities Act of 1933, as amended, and Section21E of the
Securities Exchange Act of 1934, as amended. Factors that could cause actual
results to differ materially include the following: business conditions and
growth in the staffing industry and general economy; competitive factors,
risks due to shifts in the market demand, including, without limitation,
shifts in demand for our Technology, Finance and Accounting, Health
Information Management and Government Solutions segments, as well as the
market for search and flexible staffing assignments; changes in the service
mix; ability of the Firm to complete acquisitions; and the risk factors listed
from time to time in the Firm's reports filed with the Securities and Exchange
Commission, as well as assumptions regarding the foregoing. In particular,
there can be no assurance that we will continue to increase our market share,
successfully manage risks to our revenue stream and successfully put into
place the people and processes that will create future success. The words
"should,""believe,""estimate,""expect,""intend,""anticipate,""foresee,""plan"
and similar expressions and variations thereof identify certain of such
forward-looking statements, which speak only as of the dates on which they
were made. The Firm undertakes no obligation to publicly update or revise any
forward-looking statements. As a result, such forward looking statements are
not guarantees of future performance and involve risks and uncertainties, and
actual results may differ materially from those indicated in the
forward-looking statements as a result of various factors. Readers are
cautioned not to place undue reliance on these forward-looking statements.

CONTACT: AT THE COMPANY
         Michael Blackman
         Chief Corporate Development Officer
         (813) 552-2927

Kforce Inc. Logo
 
Press spacebar to pause and continue. Press esc to stop.