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David Durham - Former CIBER CFO and IT services veteran
DENVER -- (August 27, 2007) – StarTek, Inc. (NYSE:SRT), a leading provider of high value business process outsourcing services to the communications industry, has appointed David G. Durham as Executive Vice President, Treasurer and Chief Financial Officer. Durham has over 20 years of financial and operational management experience and most recently, served as senior vice president and chief financial officer for CIBER, Inc. (NYSE: CBR), a $1 billion international information technology consulting company. Durham joins StarTek on September 10, 2007.
David joined CIBER in May of 1995 when the company acquired St. Louis-based Spencer & Spencer Systems, Inc., where he was CFO. With more than 20 years of experience in the IT services industry, he has served in a variety of financial and operating positions for CIBER. He has also been actively involved in CIBER’s acquisition growth strategy, participating in and leading the execution of several business combinations. Durham began his career in public accounting with St. Louis based, RubinBrown.
"We are excited to fill the last remaining position in the new StarTek management team with the addition of David Durham as CFO,” said Larry Jones, StarTek president and CEO. “His extensive financial background in leading growth companies through organic expansion as well as through mergers and acquisitions will be a valuable asset and we look forward to his contributions.”
David earned a bachelor’s degree in business administration with an emphasis in accounting from the University of Georgia. He graduated from Washington University’s John M. Olin School of Business with a master’s degree in business administration with an emphasis in finance.
In connection with Mr. Durham’s appointment as Executive Vice President, Treasurer and Chief Financial Officer, he will receive a grant of 10,000 shares of restricted stock which will be described in more detail in the company’s filings with the Securities and Exchange Commission. The restricted stock was issued pursuant to the “employee inducement” exception to New York Stock Exchange rules requiring shareholder approval of equity-based incentive plans.
ABOUT STARTEK
StarTek, Inc. (NYSE: SRT) is a leading provider of high value business process outsourcing services to the communications industry. Since 1987 StarTek has partnered with its clients to solve strategic business challenges so that fast-moving businesses can improve customer retention, increase revenues and reduce costs through an improved customer experience. These robust solutions leverage industry knowledge, best business practices, highly skilled agents, proven operational excellence and flexible technology. The StarTek comprehensive service suite includes customer care, sales support, complex order processing, accounts receivable management, technical support and other industry-specific processes. Headquartered in Denver, Colorado, StarTek provides these services from 19 operational facilities in the US and Canada. For more information visit the company's website at www.StarTek.com or contact us at 800-541-1130.
