Company News



Harris, McNally Join OutsourceOne In Key Officer Positions

MINNEAPOLIS, August 26, 2010 - OutsourceOne Inc. (OS1), a rapidly growing full service benefits administration company with advanced, proprietary web based solutions, has added two distinguished executives, Duane G. Harris and Pierce A. McNally, to its senior management team.

Harris has joined the company as its chief financial officer. He is president and CEO of Capital Management Resources LLC, which provides financial consulting services to businesses and private equity investment funds. He has been a member of OS1's board of directors and board of business advisors since 2002. Prior to forming his own firm, he was a senior officer at Churchill Capital, Inc. and a founder and managing partner of Northstar Capital, both of Minneapolis.

Early in his career, Harris served as an economist at the Federal Reserve Bank of Philadelphia and was a faculty member at Iowa State University. The holder of an M.S. in Economics from Iowa State and a Ph.D. in Finance from the Wharton School at the University of Pennsylvania, he also spent five years at General Mills, Inc. as manager of business analysis.

Pierce McNally is joining OSI as chief strategic officer. In that role, he will assist OSI founder, CEO and Chairman William Mehus and the company in planning and corporate development including evaluating and executing various corporate initiatives. He will also provide legal counsel.

McNally is best known for his leadership and director roles at Midwest Communications whose broadcast properties included WCCO TV, WCCO AM and WLTE in the Twin Cities. He played a key role in the sale of the company to CBS, Inc. in 1992. His family had a long and illustrious history in Twin Cities journalism as owners of both The Minneapolis Tribune and the Star Tribune newspapers.

 

McNally joins OSI from the Minneapolis law firm of Gray Plant Mooty, where he has practiced in the areas of business law and entrepreneurial services. He has served as an adviser to OS1 since 2003. A graduate of the University of Wisconsin Law School and of Stanford University, he has written and lectured on the Sarbanes-Oxley legislation. He has also been a director of numerous corporate boards as well as of area cultural organizations.

Harris and McNally join a talented executive team that includes Jim Willard (Chief Technical Officer), Paul Walther (VP Business Development), Tyler McIntosh (VP Sales), and Paulette Rickey (VP Administration).

"It is a testament to the distinctive position of OSI in the insurance and benefits technology and administration industry and of its ongoing growth potential that we are able to add business leaders of the caliber of Duane Harris and Pierce McNally to our executive team", said William Mehus, OSI chairman and CEO. "I've had the pleasure of working with both Duane and Pierce as members of our advisory board and they have already made many contributions to the company. It's rare to find such talented leaders that can serve the wide range of clients we serve--- from the 10,000 plus employee manufacturing companies to the 300 employee technology firms. I greatly value their experience, knowledge and personal qualities."

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FROM:                  
McGrath-Buckley Communications Counseling

Contact:  
Dennis B. McGrath - 612-867-9968
284 Pelham Blvd. Ste. 200
Saint Paul, MN 55104

FOR:                     
OutsourceOne Inc.
530 US Trust Building
730 Second Avenue South
Minneapolis, MN 55402