TMP Worldwide Appoints Tom Moran President of eResourcing, Americas

Adds Additional Staffing Industry Pros to Lead the Division's Sectors; Calls on Former President of eResourcing to Drive TMP's New Sector Specific Initiatives

NEW YORK, Sep 16, 2002 (BUSINESS WIRE) -- TMP Worldwide Inc. (NASDAQ: TMPW), the world's leading supplier of human capital solutions, including the pre-eminent Internet career portal Monster(R), today appointed Tom Moran, former District President of Operations at Robert Half International, Inc., to the position of President of eResourcing, Americas.

TMP's eResourcing division provides recruitment, outsourcing, human resources consulting and performance solutions across a diverse range of skills and industry sectors. In his new role, Mr. Moran will be responsible for further integrating the division's operations, growing margins and profitability, and overseeing all sales, marketing and business development initiatives in the Americas.

"Tom's ability and experience will allow us to complete our consolidation of this division and successfully increase our margins and profitability," said Andrew J. McKelvey, Chairman and CEO of TMP Worldwide. "We believe his record of achievement and leadership qualities make him the ideal person to take our eResourcing division to the next level."

As District President of Operations at Robert Half International in Chicago, Mr. Moran oversaw operations for multiple branches in seven states. Over the past two years, his district has consistently fared well based on income growth. Earlier, as an Area Manager, Mr. Moran had improved the operations of multiple offices by growing their profitability. He was later promoted to Regional President, overseeing several midwestern states, where he also successfully increased revenue and net income. In that region, he oversaw Chicago and Minneapolis, two of the top markets in the company.

In addition to naming a new President of eResourcing, TMP Worldwide appointed two proven recruitment industry professionals, Dee Lonn and Kevin Knaul, to Executive Vice President positions within the division. They will be assigned to lead the following high-growth practice groups: Accounting & Finance, and New Business Development, respectively. Ms. Lonn joins the company from her previous position as Regional Vice President at Robert Half International, and Mr. Knaul from his previous position as Division Vice President and National Sales Manager at The Allegis Group.

"These additional executives bring a tremendous wealth of industry experience to TMP, and more importantly, proven track records of success in managing profitable, efficient businesses," said John Mclaughlin, Group President, Americas at TMP Worldwide. "Dee and Kevin are poised to have a significant impact on the division by leveraging their respective expertise to help us increase our margins and profitability in two important sectors. Collectively, these new additions to the senior management team demonstrate our commitment to reaffirming eResourcing as a profitable, integral and dynamic part of our Intern to CEO strategy."

As part of the organizational changes within eResourcing, former President Jean-Pierre (J.P.) Sakey, has been tapped to contribute his deep industry experience toward leading a major new TMP initiative aimed at identifying and developing strategic sectors. Mr. Sakey will assume responsibility for driving organic growth in targeted, sector-defined areas. TMP currently operates a Federal Government sector initiative and anticipates layering strong sector programs across its divisional structure in additional targeted areas such as Energy/Utility, Financial Services, and Life Sciences.

This new assignment leverages Mr. Sakey's broad staffing and energy sector experience, which included his prior tenure as CEO of SPEC Group Holdings, Inc., a leading provider of highly technical outsourcing solutions to the electric power, metals, petrochemical and pharmaceutical industries. As Senior Vice President, he will report directly to Paul Camara, Executive Vice President - Creative, Sales and Marketing at TMP Worldwide.

"J.P.'s experience and expertise in the development of targeted sales strategies is invaluable to us," said Mr. Camara. "I can think of no better person to entrust with developing and leading this new initiative. Creating strategies around increasingly vital industry sectors will be a major focus of TMP's sales approach."

Before joining Robert Half International, Tom Moran, had several years experience in the staffing business ranging from top Producer at the desk level through to Regional Vice President of a National Staffing firm.

Formerly Regional Vice President at Robert Half International in Minneapolis, Dee Lonn, has more than 10 years of staffing industry experience. Previously, she was a Division President at Therapists Unlimited, LLP, the National Director, Staffing and Employment Relations at NovaCare, Inc., and a HR Representative at the Minneapolis Children's Medical Center. She earned a BA from the College of St. Benedict.

Kevin Knaul was formerly Division Vice President and National Sales Manager at The Allegis Group, a leading provider of permanent and temporary technical and non-technical professionals with more than 500 locations. Most recently, he directed and developed a force of sales representatives and recruiters, and increased annual sales for the division. Mr. Knaul joined the company in 1995, shortly after earning a BSBA in Marketing from Miami University in Oxford, Ohio.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 8,500 employees in 33 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search & Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the parent company of Monster, the leading global online careers property, the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the Fortune 100 and more than 490 of the Fortune 500 companies. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

CONTACT:

Weber Shandwick Worldwide
Christian Harper, 212/445-8135
Charper@webershandwick.com
or
TMP Worldwide
Jennifer Bernhart, 813/890-7379
jennifer.bernhart@tmp.com