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PRGX Global, Inc. Announces the Appointment of Ronald E. Stewart as Permanent Chief Executive Officer



PRGX Global, Inc. Announces the Appointment of Ronald E. Stewart as Permanent
Chief Executive Officer

ATLANTA, Dec. 13, 2013 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq:PRGX),
the world's leading provider of recovery audit services and the pioneer in
Profit Discovery^TM, announced today that the Board of Directors has selected
Ronald E. Stewart to be the Company's permanent President and Chief Executive
Officer. Mr. Stewart has been serving as interim President and Chief Executive
Officer since the departure of Romil Bahl, the Company's former President and
Chief Executive Officer, on November 15, 2013. Mr. Stewart will remain a
member of the Company's Board of Directors.

Prior to serving as the Company's interim President and Chief Executive
Officer, Mr. Stewart has been involved in a number of entrepreneurial pursuits
as a private equity investor. Prior to his current pursuits, Mr. Stewart was a
senior partner with Accenture, holding a number of executive positions during
his 30-year career at the firm. During his tenure, Mr. Stewart served as the
global client partner for a number of Fortune 100 clients and led the firm's
retail and consumer goods practice in the eastern United States for a number
of years.  Mr. Stewart also led Accenture's global transportation and travel
industry program and served as the North America Managing Partner for the
automotive, industrial manufacturing and transportation/travel industry
groups.  Mr. Stewart holds an M.B.A. in International Business from the
University of Alabama and an undergraduate degree from Tulane University. 

"The Board of Directors is extremely pleased to introduce Ron Stewart as the
new President and CEO of PRGX," said Pat Dills, Chairman of PRGX Global. "Ron
has been a very valuable member of the Board and has fully immersed himself in
the Company since taking over as interim President and CEO in
mid-November. The Board believes Ron's professional and global leadership
experience will serve PRGX very well as we continue to provide world class
service to our clients. Ron's experience, leadership and vision will also be
invaluable as the Board continues to review and refine the Company's strategy
to deliver even greater value to its clients and shareholders."

"I am very honored and excited to be selected as the President and CEO of
PRGX," said Ron Stewart. "In my short time as interim President and CEO, I
have been working intensively with the Company's senior leaders to gain an
even deeper understanding of the Company's many opportunities and its
challenges. I have every confidence in the Company's leadership team, and look
forward to continuing these efforts and working with the Board, the Company's
employees and our clients to further strengthen our services and enhance
PRGX's long-term value for our shareholders."

About PRGX Global, Inc.

Headquartered in Atlanta, Georgia, PRGX Global, Inc. is the world's leading
provider of recovery audit services.  With over 1,700 employees, the Company
operates and serves clients in more than 30 countries and provides its
services to over 75% of the top 30 global retailers.  PRGX is also pioneering
Profit Discovery, a unique combination of audit, analytics and advisory
services that improves client financial performance.  For additional
information, please visit PRGX at www.prgx.com.

Forward Looking Statements

In addition to historical information, this press release includes certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995.  Such statements include both implied and
express statements regarding Mr. Stewart's future leadership of the Company
and the Company's review of its business strategy.  Such forward looking
statements are not guarantees of future performance and are subject to risks,
uncertainties and other factors that may cause the actual results, performance
or achievements of the Company to differ materially from the historical
results or from any results expressed or implied by such forward-looking
statements. Risks that could affect the Company's future performance include
the risks inherent in any CEO succession, including the time required to fully
integrate Mr. Stewart into the Company's operations, revenue that does not
meet expectations or justify costs incurred, the Company's ability to develop
material sources of new revenue in addition to revenue from its core recovery
audit services, changes in the market for the Company's services, the
Company's ability to retain and attract qualified personnel, changes to
Medicare and Medicaid recovery audit contractor programs and the outcome of
the rebid of the Medicare RAC program contracts, the Company's ability to
integrate recent and future acquisitions, uncertainty in the credit markets,
the Company's ability to maintain compliance with its financial covenants,
client bankruptcies, loss of major clients, and other risks generally
applicable to the Company's business.  For a discussion of other risk factors
that may impact the Company's business, please see the Company's filings with
the Securities and Exchange Commission, including its Form 10-K filed on March
13, 2013. The Company disclaims any obligation or duty to update or modify
these forward-looking statements.

CONTACT: PRGX Global, Inc.
         Robert B. Lee, Chief Financial Officer and Treasurer
         770.779.3900
         600 Galleria Parkway, Suite 100
         Atlanta, GA 30339

PRGX Global, Inc. Logo
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