Kforce : Everything you need to know

Contents
  1. History of Kforce
  2. Products and Services of Kforce
  3. Culture at Kforce
  4. About Kforce CEO Joe Liberatore and Key People
  5. The Future at Kforce

Office address: 1150 Assembly Drive, Suite 500, Tampa, Florida 33607, US
Website: www.kforce.com
Year established: 1962
Company type: IT services and IT consulting
Employees: 3,400+
Expertise: finance and accounting, technology, healthcare, communication, professional staffing services, international staffing, talent solutions, team solutions, project solutions, international talent solutions, government, energy, manufacturing, retail
Parent company: N/A
Key people: Joe Liberatore (president and CEO), David Bair (president), Michael Blackman (CCDO), Dr. Denis Edwards (CIO), Jeffrey Hackman (CFO), David Kelly (COO), John Megally (president)
Financing status: corporation

Kforce, based in Tampa, Florida, helps businesses build top teams in technology and finance, working with over 3,000 clients, including many Fortune 500 companies. They employ more than 20,000 professionals yearly, offering innovative staffing and project solutions nationwide. With a talent database of over 8 million and more than 3,400 employees, the company has been delivering expert solutions for 60 years.

History of Kforce

Kforce began in 1962 as Source Services, founded by IBM salesmen Dave Grimes and Bob Trotter to provide staffing for new computer buyers. In 1966, Ray Roy and Frank McCabe, also former IBM employees, founded Romac & Associates, which later expanded into technology staffing in 1986. The company went public in 1995, using funds to acquire over 30 companies and expand nationally.

Romac merged with Source Services in 1998, becoming Kforce in 2001, reaching $1 billion in revenue by 2007 and launching International Talent Solutions shortly after. By 2018, the firm refreshed its goals and brand identity, marking a new chapter in the company's more than 50-year history. In 2021, the company adopted a hybrid work model, embracing flexibility in response to changing workplace needs.

Products and Services of Kforce

The firm offers a range of solutions designed to meet various business needs in recruitment and more:

  • talent solutions: connecting companies with top talent in the technology and finance sectors
  • team solutions: managing operational aspects while allowing companies to stay focused on their strategic goals
  • project solutions: overseeing projects from start to finish, ensuring successful delivery
  • Kforce Global Solutions®: sourcing global talent to address workforce gaps and challenges
  • KFORCEconnect: a mobile app that facilitates referrals and hiring connections
  • Visa sponsorship solutions: providing tailored visa support for international consultants
  • KNOWLEDGEforce® Center: offering insights, data, and resources to help businesses make informed decisions and stay competitive

It provides flexible solutions to support businesses of all sizes, from expert consulting to fully managed projects. Their team works closely with clients to understand industry challenges and deliver the right expertise.

Culture at Kforce

Their culture focuses on innovation, personal growth, and building strong relationships. Employees are encouraged to bring diverse perspectives to help shape the company’s approach to business. Their work environment relies on teamwork, allowing staff to grow their careers at their own pace:

  • limitless potential: employees have opportunities to learn, grow, and advance in their careers
  • office of the future: workspaces designed for innovation, efficiency, and collaboration
  • office occasional® work model: hybrid work options where employees can choose where they feel most comfortable, with full support from the company

Their ESG efforts aim to empower people, give back to communities, and foster a good workplace. They are committed to strong governance and environmental responsibility. Their leadership promotes integrity and sustainability throughout the company’s operations:

  • people: helping individuals reach their potential by promoting compassion, adaptability, and unity
  • governance: the Board of Directors ensures strong corporate governance, setting high standards for the entire company
  • environment: actively integrates sustainability into its operations, striving to be responsible environmental stewards

The company upholds diversity, equity, and inclusion for everyone connected to them. They believe diverse perspectives help people thrive in their careers. Their DE&I strategy seeks to create an inclusive culture and ensuring equity across the organization:

  • DE&I council: drives inclusive programs, gathers best practices, and ensures accountability for these goals
  • associate-led affinity groups: emphasizes community and belonging among employees who share similar identities
  • supplier diversity program: supports diverse professionals and helps clients meet their diversity goals

Their mission is to connect professionals and help them succeed through strong, lasting relationships. Their vision is to make a positive impact on everyone they work with. The company depends on its people and the relationships they build, encouraging employees to contribute and support their communities.

About Kforce CEO Joe Liberatore and Key People

Joe Liberatore has been the company’s president since 2012 and became CEO in 2022, managing the company’s strategy and operations. He previously held roles as Kforce Interactive president, chief sales officer, chief talent officer, and CFO. Liberatore is a two-time recipient of the Dick Maddock award and graduated from Oswego State University in New York.

Here are some of the key leaders at the firm and their roles, responsible for handling various aspects of the company:

  • David Bair, serving as president of consulting solutions, overseeing client advisory services and consulting operations
  • Michael Blackman, as chief corporate development officer, leading strategic growth and development initiatives
  • Dr. Denis Edwards, chief information officer, responsible for managing the company’s technology infrastructure and digital innovation
  • Jeffrey Hackman, serving as CFO and principal financial officer, handling financial planning, reporting, and overall fiscal management
  • David Kelly, as COO and corporate secretary, managing day-to-day operations and corporate governance
  • John Megally, president of regional services, responsible for overseeing regional staffing and business operations across multiple markets

The Future at Kforce

The organization continues to lead in technology and finance staffing, adapting to industry challenges like data security and analytics. Their recent survey revealed that collecting meaningful data remains a top priority for their clients. With growing demand for data-driven solutions and its focus on research, Kforce is well-positioned to further develop its offerings in this area.

It has seen notable stock price movement in 2024, offering potential opportunities for investors to buy at a lower price. The company’s strong focus on flexibility and product development may lead to a 21% profit increase in the coming years. The firm leads in staffing and consulting services, helping customers succeed, while offering a strong investment opportunity due to its growth potential.

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