TrueBlue Appoints William Greenblatt and William Seward to Board of Directors

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TrueBlue, Inc. (NYSE: TBI) (“TrueBlue” or the “Company”) today announced the appointment of William Greenblatt and William Seward to its Board of Directors, effective January 5, 2026.

The Board approved the appointments on December 1, 2025, following an extensive search process conducted with the support of an independent recruitment firm and shareholder input.

William Greenblatt

William Greenblatt is widely recognized as a pioneer in background screening and human capital innovation. He founded Sterling Infosystems, Inc. in 1975 and built the company into a globally scaled background-screening services provider.

Under his leadership as Chief Executive Officer and Chairman, Sterling transformed hiring practices worldwide, culminating in the acquisition of a majority interest by Goldman Sachs’ Merchant Banking Division in 2015. Mr. Greenblatt returned as CEO in 2018 to further drive growth and customer value.

He currently serves as Chair and Co-Founder of Montague Street Capital LLC, where he provides long-term capital and strategic guidance to small and mid-sized businesses, with a focus on the business services sector.

William Seward

William Seward brings more than 30 years of global leadership experience across logistics, supply chain, and operations. He currently serves as Executive Vice President and Chief Operating Officer of Vestis Corporation, a $2.2 billion provider of uniforms and workplace supplies.

Prior to Vestis, Mr. Seward spent over three decades at United Parcel Service, Inc. (UPS), where he held senior leadership roles including President of UPS Supply Chain Solutions and President of the Americas Region.

Known for driving growth and transformation, he brings deep expertise in managing complex global organizations and leading teams across diverse markets.

“Both of these professionals are exceptional leaders with proven operational and commercial capabilities,” said Jeff Sakaguchi, Chair of the Board.

“Their perspectives will be invaluable as we continue strengthening our business, leading with innovation, and delivering long-term, sustainable value for our shareholders.”

“We are pleased to see the Company continue to evolve its Board to support a strategy poised to deliver long-term growth and profitability,” said Richard Pzena, Founder and Managing Principal of Pzena Investment Management, TrueBlue’s largest shareholder.

As part of its ongoing Board refreshment program, two existing directors are expected to step down at or before the 2026 Annual Meeting of Shareholders. Following the Annual Meeting, the Board is expected to consist of nine directors, eight of whom will be independent.

These appointments and planned retirements reflect TrueBlue’s commitment to strong corporate governance, enhanced operational oversight, and alignment with shareholder feedback. Over recent years, the Company has continued to evolve its Board to support strategic priorities across technology, workforce solutions, and operations.

Barclays is serving as financial advisor to TrueBlue, and Sidley Austin LLP is serving as legal counsel.