Daily News

View All News

CDI Names New CEO, Ballou Retires

January 13, 2011

CDI Corp. (NYSE: CDI) President and CEO Roger Ballou retired effective Monday. The role of president and CEO now goes to Paulett Eberhart,

Ballou held the role president and CEO of CDI since October 2001. He previously served as chairman and CEO of Global Vacation Group Inc. and as president and chief operating officer of Alamo Rent A Car.

CDI Chairman Walter Garrison thanked Ballou for his work and said the company has a solid financial base and a focused management team. Garrison also thanked Ballou for his assistance in finding his successor.

"We are grateful for Roger's efforts as he worked with the board to find this outstanding successor," Garrison said. "I know his desire is to spend more time with his family and to intensify his participation in outside boards, so his commitment to work with Paulett as an advisor through a transition phase is appreciated."

Eberhart, the new president and CEO, comes to CDI after serving as chairman and CEO of HMS Ventures, a privately held real estate and consulting services firm. Prior to HMS, Eberhart served as president and CEO of Invensys Process Systems, a $1.7 billion industrial automation firm. Her experience also includes a 26-year career at Electronic Data Systems (now part of Hewlett-Packard).

In addition, Eberhart is a certified public accountant and serves on the boards of Advanced Micro Devices, Anadarko Petroleum Corporation, Fluor Corporation and eSilicon.

CDI also reaffirmed its fourth quarter guidance on Monday for year-over-year revenue growth of 13 percent to 17 percent.

Philadelphia-based CDI provides engineering, staffing and other services. It ranked No. 22 on Staffing Industry Analysts' 2010 list of largest U.S. staffing firms.