– USA, ID – Command Center, Inc. (OTCQB: CCNI), a national provider of on-demand and temporary staffing solutions, has appointed R. Rimmy Malhotra to its board of directors. The appointment increases the composition of the board from five members to six.
Presently, Mr. Malhotra serves as the managing member and portfolio manager for the Nicoya Fund LP, a private investment partnership. He earned an MBA in Finance from The Wharton School and a master’s degree in International Relations from the University of Pennsylvania where he was a Lauder Fellow. Mr. Malhotra holds undergraduate degrees in Computer Science and Economics from Johns Hopkins University.
“We always look to add quality people to our organization, and Rimmy brings specific experience and knowledge to the board that will undoubtedly add value to the company and ultimately to our shareholders,” said Command Center president and CEO, Bubba Sandford. “Rimmy understands the goals we want to accomplish here at Command Center, and he will work with the other board members to provide sound guidance to management where appropriate. We plan to continue to grow profitably, seek quality acquisitions, and repurchase our stock when it is undervalued. Management and the board are committed to this strategy.”
Upon his appointment Mr. Malhotra commented, “I am delighted to be included in the future of Command Center. I believe they have done an admirable job turning the business around over the last three years. With the company’s healthy balance sheet and profitable operations, it is now appropriate to bring a stronger focus on capital allocation. Moving forward, I believe this will be crucial in driving value for all shareholders.”
About Command Center
Command Center provides flexible on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services. Through 59 field offices, the company provides employment annually for nearly 33,000 field team members working for 3,300 clients.
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