IRVINE, Calif., July 23 /PRNewswire-FirstCall/ -- The Board of Directors (the "Board") of Resources Connection, Inc. (Nasdaq: RECN), a multinational professional services firm that provides to clients - through its operating subsidiary, Resources Global Professionals ("Resources") - accomplished professionals in accounting and finance, risk management and internal audit, information management, human capital, supply chain management and legal services, today announced that, at the request of the Board, Thomas D. Christopoul has resigned from his positions as the Company's President & Chief Executive Officer and as a member of the Board of Directors, effective immediately. Mr. Christopoul will pursue other interests outside of Resources. Concurrently, the Board has reappointed Donald B. Murray, the Company's founder and current Executive Chairman, as Chief Executive Officer. Mr. Murray will also continue to serve as the Chairperson of the Board. Mr. Murray previously served as the Company's President and Chief Executive Officer from June 1996 through May 31, 2008.
Lead Independent Director, A. Robert Pisano, stated: "We are fortunate to be able to transition executive responsibility smoothly back to Don. He is the visionary for our business model. As we focus all of our efforts on a return to profitability, we will be well served by his leadership."
Mr. Murray added: "I return to the position of Chief Executive Officer with more passion for our business model than ever. I intend to work with the management team to sharpen our focus on clients, responding to their needs, and getting our consultants busy. Despite the difficulties stemming from the global economic environment, I remain convinced by the relevancy of our business model and our ability to assist our clients in a meaningful way as we round the corners of stabilization and recovery."
Mr. Pisano noted: "Don and the Board would like to thank Tom for his contributions and service to the Company as an Independent Board Member and for his service as Chief Executive. We wish him well in his future endeavors."
Mr. Christopoul added: "I am truly grateful to Don, the Board and all of my distinguished colleagues at Resources for the opportunity to serve such a fine Company. I wish the organization nothing but great success now and in the future."
Resources will hold an investor conference call on Friday, July 24, 2009, at 8:00 am EDT. The dial-in number for the conference call will be: 877-419-6592. No password is required; simply ask for the Resources Global Professionals conference call.
The conference call will be broadcast in simultaneous listen-only mode on the Resources Global Professionals website at http://ir.resourcesglobal.com/events.cfm.