Industry & Services >> CEO Interviews >> June 12, 2000

Jon Chait – Spring Group Plc (srg.l)

JON CHAIT was named Chairman and CEO of Spring Group Plc, following the acquisition of Mr. Chait's wholly-owned company Magenta.com Ltd., a developer of groundbreaking IT recruitment tools for the Internet. Jon Chait established Magenta in 1999 after overseeing Manpower's successful international expansion drive simultaneously with his role as the company's Chief Financial Officer. Jon Chait joined Manpower Inc., the world's leading temporary employment services company, in 1989, as Executive Vice President and was elected a Director in 1991. He was appointed Chief Financial Officer of the company two years later, before being named in 1995 to the position of Managing Director of the International Division, establishing later Manpower's European Headquarters in Brussels. After receiving his law degree in 1975 from the University of California (Los Angeles) where he was an editor of the Law Review, he was engaged for 14 years in the private practice of law in Milwaukee, Wisconsin, where he specialised in mergers and acquisitions, and financial restructurings. He was a partner in the firm of Godfrey & Kahn S.C., which advised Manpower on its legal affairs. Mr. Chait's undergraduate studies were also at the University of California, where he was graduated magna cum laude in Political Science in 1972 and was a member of Phi Beta Kappa, the national academic honour society. Mr. Chait is also a Director of Marshall & Isley, a bank holding company, of Krueger International Inc., a manufacturer of office furniture, and of M&I Data Services, which provides data processing services and software to financial institutions. Mr. Chait was born in 1950 in Bakersfield, California. He is married and has two children. Profile
TWST: Can you start by giving me an overview of Spring Group; what your

activities are and where do you see yourselves in the market place

today?

Mr. Chait: Spring Group was founded about 10