PE-backed Oasis Outsourcing promotes Cyrus to EVP


Florida-based Oasis Outsourcing, a professional employer organization, has promoted Ruth Trezevant Cyrus to executive vice president. Cyrus has been with the firm for more than 12 years. Oasis Outsourcing is backed by Stone Point Capital and Kelso.

PRESS RELEASE

WEST PALM BEACH, Fla., Oct. 12, 2017 /PRNewswire/ — Oasis Outsourcing, the nation’s largest privately held Professional Employer Organization (PEO), is pleased to announce that Ruth Trezevant Cyrus has been promoted to Executive Vice President, Acquisition Integration. Cyrus was formerly Senior Vice President, Marketing and Partner Management, and has been with Oasis for more than 12 years as a member of the executive team.

In this newly created role, Cyrus will manage the acquisition integration strategy, implementation, and profit and loss. This will include development and planning activities that leverage best practices as acquisitions are initially evaluated, subsequently onboarded into the Oasis family and ultimately, fully integrated into the business.

Prior to joining Oasis, Cyrus served as Director of Small Business Marketing-North America for Office Depot, as well as held leadership roles at Rexall Sundown and Tyco/Sensormatic Electronics. During her tenure at Oasis, she has developed Oasis’ marketing and partner programs with an increased focus on key segments to drive sales. She has also served as the acquisition integration project manager for several Oasis acquisitions over the years.

“Acquisitions have been and will continue to be a critical component of our growth strategy, and I’m pleased that we are able to capitalize on Ruth’s industry and merger and acquisition knowledge and experience in this capacity,” said Kelley Castell, Chief Operating Officer. “Having Ruth lead this team will help ensure best-in-class acquisition integration management, which will support our ongoing focus on delivering high client satisfaction and retention.”

Cyrus holds a Bachelor of Arts degree from Cornell University and a Master of Business Administration degree from Pace University.

About Oasis Outsourcing Holdings, Inc.
Oasis Outsourcing is a Florida-based Professional Employer Organization (PEO) serving more than 250,000 employees and 7,500 clients nationwide. Founded in 1996, it specializes in providing human resources services, employee benefits administration, payroll and tax administration, risk management services and staffing solutions to small- and medium-sized businesses throughout the United States. Oasis is accredited by the Employer Services Assurance Corporation (ESAC), ensuring the highest level of ethical, financial and operational standards in the PEO industry and has received SOC 1 Type II (formerly SAS 70) certification for its high level of accuracy and performance. Oasis, through its subsidiaries, is qualified to offer IRS-certified professional employer organization (CPEO) services.

Oasis is owned by private equity firms Stone Point Capital and Kelso with the remainder owned by Oasis management. Offices are located in Atlanta, GA; Austin, TX; Boca Raton, FL; Boston, MA; Charlotte, NC; Dallas, TX; Denver, CO; Edison, NJ; Houston, TX; Indianapolis, IN; Jacksonville, FL; Los Angeles, CA; Manhattan, NY; Miami, FL; Minneapolis, MN; Nashville, TN; New Haven, CT; Orlando, FL; Phoenix, AZ; Provo, UT; San Diego, CA; Sarasota, FL; St. Louis MO; Tampa, FL; Tucson, AZ; and West Palm Beach, FL. For more information about Oasis Outsourcing, visit www.oasisadvantage.com.

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