Kforce Management

Management criteria checks 3/4

Kforce's CEO is Joe Liberatore, appointed in Jan 2013, has a tenure of 11.25 years. total yearly compensation is $4.57M, comprised of 19.1% salary and 80.9% bonuses, including company stock and options. directly owns 1.22% of the company’s shares, worth €13.71M. The average tenure of the management team and the board of directors is 6.5 years and 8 years respectively.

Key information

Joe Liberatore

Chief executive officer

US$4.6m

Total compensation

CEO salary percentage	19.1%
CEO tenure	11.3yrs
CEO ownership	1.2%
Management average tenure	6.5yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Liberatore's remuneration changed compared to Kforce's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$875k	US$61m
Sep 30 2023	n/a	n/a	US$52m
Jun 30 2023	n/a	n/a	US$64m
Mar 31 2023	n/a	n/a	US$72m
Dec 31 2022	US$6m	US$850k	US$75m
Sep 30 2022	n/a	n/a	US$89m
Jun 30 2022	n/a	n/a	US$87m
Mar 31 2022	n/a	n/a	US$81m
Dec 31 2021	US$7m	US$660k	US$75m
Sep 30 2021	n/a	n/a	US$73m
Jun 30 2021	n/a	n/a	US$71m
Mar 31 2021	n/a	n/a	US$60m
Dec 31 2020	US$5m	US$660k	US$56m
Sep 30 2020	n/a	n/a	US$52m
Jun 30 2020	n/a	n/a	US$50m
Mar 31 2020	n/a	n/a	US$56m
Dec 31 2019	US$6m	US$660k	US$55m
Sep 30 2019	n/a	n/a	US$54m
Jun 30 2019	n/a	n/a	US$52m
Mar 31 2019	n/a	n/a	US$51m
Dec 31 2018	US$3m	US$600k	US$51m
Sep 30 2018	n/a	n/a	US$43m
Jun 30 2018	n/a	n/a	US$39m
Mar 31 2018	n/a	n/a	US$35m
Dec 31 2017	US$3m	US$600k	US$30m

Compensation vs Market: Joe's total compensation ($USD4.57M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Liberatore (60 yo)

11.3yrs

Tenure

US$4,571,826

Compensation

Mr. Joseph J. Liberatore, also known as Joe, has been the President of Kforce Inc. since January 01, 2013 and serves as its Chief Executive Officer since January 01, 2022. He serves as Director at of Kforc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Liberatore	CEO, President & Director	11.3yrs	US$4.57m	1.22% $ 13.7m
Jeffrey Hackman	CFO & Principal Accounting Officer	6.9yrs	US$1.04m	0.37% $ 4.2m
David Kelly	COO, Chief Administrative Officer & Corporate Secretary	11.2yrs	US$1.95m	0.46% $ 5.2m
Andrew Thomas	Chief Experience Officer	less than a year	US$1.11m	0.53% $ 5.9m
Denis Edwards	Chief Information Officer	no data	no data	no data
Jennifer Smayda	General Counsel	4.3yrs	no data	no data
Michael Blackman	Chief Corporate Development Officer	14.3yrs	no data	no data
David Bair	President of Consulting Solutions	no data	no data	no data
John Megally	President of Regional Services	no data	no data	no data
Virgil Palumbo	President of Organizational Efficiency	6.5yrs	no data	no data
Manish Mohan	Chief Global Talent Solutions Officer	6.4yrs	no data	no data
Douglas Rich	Chief Transformation Officer	6.3yrs	no data	no data

6.5yrs

Average Tenure

57yo

Average Age

Experienced Management: ROF's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Liberatore	CEO, President & Director	2.3yrs	US$4.57m	1.22% $ 13.7m
Elaine Rosen	Lead Independent Director	20.8yrs	US$270.60k	0.074% $ 829.4k
Mark Furlong	Independent Director	22.8yrs	US$244.23k	0.16% $ 1.7m
David Dunkel	Chairman	30.3yrs	US$1.50m	2.81% $ 31.6m
N. Simmons	Independent Director	9.8yrs	US$237.62k	0.080% $ 899.9k
Randall Mehl	Independent Director	7.3yrs	US$288.53k	0.024% $ 270.0k
Ann Dunwoody	Independent Director	8yrs	US$255.47k	0.093% $ 1.0m
Derrick Brooks	Independent Director	3.1yrs	US$210.48k	0.012% $ 135.8k
Catherine Cloudman	Independent Director	3.4yrs	US$242.96k	0.023% $ 253.6k

8.0yrs

Average Tenure

66yo

Average Age

Experienced Board: ROF's board of directors are considered experienced (8 years average tenure).

Kforce Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Kforce Inc., Annual General Meeting, Apr 24, 2024

Key Executive recently sold €324k worth of stock

Kforce Inc. Announces CFO Changes

Key Executive recently sold €671k worth of stock

Chief Marketing & People Officer recently sold €1.2m worth of stock

Recent updates

Kforce Inc. to Report Q1, 2024 Results on Apr 29, 2024

Insufficient new directors

Kforce Inc., Annual General Meeting, Apr 24, 2024

Upcoming dividend of US$0.38 per share

Full year 2023 earnings released: EPS: US$3.18 (vs US$3.76 in FY 2022)

Fourth quarter dividend of US$0.38 announced

Full year 2023 earnings released: EPS: US$3.13 (vs US$3.76 in FY 2022)

Kforce Inc. Provides Earnings Guidance for the First Quarter of 2024

Kforce Inc. to Report Q4, 2023 Results on Feb 05, 2024

Key Executive recently sold €324k worth of stock

Upcoming dividend of US$0.36 per share at 2.1% yield

New minor risk - Insider selling

New minor risk - Earnings quality

Kforce Inc. Approves Fourth Quarter Cash Dividend, Payable on December 29, 2023

Kforce Inc. to Report Q3, 2023 Results on Oct 30, 2023

Kforce Inc. Announces CFO Changes

Upcoming dividend of US$0.36 per share at 2.4% yield

Second quarter 2023 earnings released: EPS: US$0.95 (vs US$1.33 in 2Q 2022)

Kforce Inc. Provides Earnings Guidance for Third Quarter of 2023

Kforce Inc. to Report Q2, 2023 Results on Jul 31, 2023

Upcoming dividend of US$0.36 per share at 2.3% yield

Key Executive recently sold €671k worth of stock

Kforce Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: EPS: US$0.82 (vs US$0.94 in 1Q 2022)

Kforce Inc. Approves Second Quarter 2023 Cash Dividend, Payable on June 30, 2023

Now 21% undervalued

Now 21% undervalued

Now 22% undervalued

Upcoming dividend of US$0.36 per share at 2.3% yield

Chief Marketing & People Officer recently sold €1.2m worth of stock

Full year 2022 earnings released: EPS: US$3.68 (vs US$3.65 in FY 2021)

Kforce Inc. Provides Earnings Guidance for the First Quarter of 2023

Kforce Inc. to Report Q4, 2022 Results on Feb 06, 2023

Kforce Inc. to Report Fiscal Year 2022 Results on Mar 23, 2023

Upcoming dividend of US$0.30 per share

Third quarter 2022 earnings released: EPS: US$1.09 (vs US$0.99 in 3Q 2021)

Kforce Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Kforce Inc. to Report Q3, 2022 Results on Oct 31, 2022

Upcoming dividend of US$0.30 per share

Second quarter 2022 earnings released: EPS: US$1.30 (vs US$1.03 in 2Q 2021)

Kforce Inc. Provides Earnings Guidance for the Third Quarter of 2022

Kforce Inc. to Report Q2, 2022 Results on Aug 01, 2022

Kforce Inc.(NasdaqGS:KFRC) dropped from Russell 3000E Index

Upcoming dividend of US$0.30 per share

Independent Director recently sold €216k worth of stock

First quarter 2022 earnings released: EPS: US$0.93 (vs US$0.63 in 1Q 2021)

Kforce Inc. to Report Q1, 2022 Results on May 02, 2022

Executive VP recently sold €340k worth of stock

Upcoming dividend of US$0.30 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Kforce Inc. Provides Earnings Guidance for the First Quarter and Full Year 2022

Upcoming dividend of US$0.26 per share

Third quarter 2021 earnings released: EPS US$0.96 (vs US$0.90 in 3Q 2020)

Chairman & CEO recently sold €1.2m worth of stock

Upcoming dividend of US$0.26 per share

Second quarter 2021 earnings released: EPS US$1.00 (vs US$0.47 in 2Q 2020)

Upcoming dividend of US$0.23 per share

Executive VP recently sold €1.1m worth of stock

Lead Independent Director recently sold €238k worth of stock

First quarter 2021 earnings released

Kforce Inc. Provides Earnings Guidance for the Second Quarter of 2021

Kforce Inc. Adds Two New Members to Its Board of Directors

Kforce Announces Recent Board Refreshment Activities

Full year 2020 earnings released

Revenue beats expectations

New 90-day high: €39.20

Independent Director recently sold €986k worth of stock

Full year 2020 earnings released: EPS US$2.62 (vs US$2.35 in FY 2019)

Revenue beats expectations