ManpowerGroup (NYSE: MAN) announced Michael Van Handel will retire from his role as senior executive VP, effective Feb. 15. His retirement completes a succession process that began near the start of this year, with the appointment of Jack McGinnis as executive VP and CFO.

Van Handel, who has been with ManpowerGroup for 28 years, served as CFO since 1998 and continued to lead the organization’s investor relations during the transition period. Following Feb. 15, McGinnis will take on investor relations responsibility, continuing to report to Chairman and CEO Jonas Prising.

“Our well-crafted succession plan from Mike to Jack has enabled us to achieve this important leadership transition while maintaining business momentum,” Prising said. “I want to thank Mike for his wise counsel and recognize his tremendous track record of leadership, financial acumen and operational discipline, which have been invaluable to us for almost three decades. His significant contributions have positioned ManpowerGroup as a global leader in our industry. Looking ahead, I am excited about Jack’s focus on further improving our financial performance and creating shareholder value.”