PROFIT RECOVERY GROUP ANNOUNCES RESIGNATIONS OF
COO AND CFO
Wed Oct 25 18:04:00 2000 EST
ATLANTA, Oct. 25/PRNewswire/ -- The Profit Recovery Group International, Inc.
(Nasdaq: PRGX) announced today the resignations of Michael Lustig, chief
operating officer, and Scott Colabuono, chief financial officer, effective
immediately.
A nationwide search for a seasoned veteran to fill the COO position has begun.
In the interim, John Cook, chief executive officer, will assume the additional
responsibilities of COO. Mr. Lustig joined PRG in 1995.
Former chief financial officer, Donald E. ("Gene") Ellis will return to that
role effective immediately. Mr. Ellis served as CFO for PRG from 1995 to July
1999. Mr. Colabuono joined PRG in July 1999.
"We are very appreciative of the contributions made by both Michael and Scott
during their tenure with PRG," said Cook. "We wish them well in their future
endeavors."
Headquartered in Atlanta, The Profit Recovery Group International, Inc. is the
leading worldwide provider of recovery audit and cost-containment services. More
than 3,000 PRG employees in 43 countries provide more than 12,000 clients with
insightful value to optimize and expertly manage their business transactions.
For additional information visit our web site at www.prgx.com.
SOURCE The Profit Recovery Group International, Inc.
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