PRGX Global Names Salvatore DePrima As Its SVP – Growth And Market Development

PRGX Global, Inc.

revealed that Salvatore DePrima has been appointed as its Senior Vice President – Growth and Market Development. According to the company, he would be responsible for its growth initiatives, including new business development, growth within its existing client base and building out its adjacent services offerings. The company's President and CEO, Ron Stewart, reacted to the appointment saying, "We are very excited to have Sal join PRGX. We look forward to leveraging his deep sales, marketing and data analytics experience as we continue to execute our transformation strategy and aggressively pursue our goal of consistent and sustainable growth." Before joining PRGX Global, DePrima was the President and CEO of Harvest Hill Beverage Company. He also served as Executive Vice President of Information Resources Inc. (IRI), a leading provider of big data analytics services to companies in the consumer packaged goods and retail industries, between 2008 and 2014. The company said that in connection with DePrima's employment, the Company granted equity awards to DePrima consisting of 60,000 performance-based restricted stock units (PBUs), as well as options to purchase 60,000 shares of its common stock. The company added that the options have an exercise price of $4.79 per share and will vest in equal one-third increments on each of May 5, 2017, 2018 and 2019, subject to DePrima's continued employment with the Company. Shares of the company traded 1.04% down on Monday.