HireRight President And CEO Eric Boden Will Transition To Retirement; Glen Schrank, Worldwide Sales Vice President, Named As New President And CEO

FALLS CHURCH, Va.--(BUSINESS WIRE)--Eric J. Boden, president and CEO of HireRight, USIS’ commercial employment screening business, announced that he will transition to retirement over the next several months. Glen E. Schrank, 53, who has served as HireRight’s vice president of worldwide sales since May 2004, has been selected to become president and CEO of HireRight.

In announcing the move to employees, Mike Cherkasky, CEO of USIS, praised Boden’s business leadership and his work leading the integration process of USIS’ commercial employment screening business with HireRight.

“Eric led HireRight from start-up through successful IPO, and most recently through the sale of HireRight to USIS and during the integration into our corporation,” said Cherkasky. “I greatly appreciate his strong leadership of our commercial business and his work that led to one of the most successful merger integrations I have witnessed.”

Said Boden: “I am thankful to have had the opportunity to spend 10 extraordinary years working with an amazing group of people to build an outstanding company, but now it is time for me to spend more time with my family. My new colleagues at USIS have been wonderful collaborators and I am grateful for the opportunity to have been associated with this team of professionals. I look forward to helping during the leadership transition process, and know that under Glen’s leadership the HireRight business is in good hands, poised for continued growth.”

Glen Schrank’s leadership was praised by Cherkasky in his announcement of the leadership transition, including his significant experience in growing business opportunities.

“Glen has more than 25 years of leadership experience in a variety of technology-based businesses, leading functions ranging from financial analysis to product marketing,” said Cherkasky. “At HireRight, Glen helped lead efforts that created extensive growth for that business. He is well respected in the commercial employment screening marketplace and I look forward to his continuing contributions in this new role as leader of our commercial business.”

Over the past five years, Mr. Schrank has served as HireRight’s vice president of worldwide sales. During that period, he helped grow the business by more than three times, expanding HireRight’s reach to new markets and customers.

Prior to HireRight, Mr. Schrank spent more than 20 years in leadership roles in a variety of technology-based businesses, including 15 years at IBM where he served as a business unit executive among other management positions. He also served as business development director for SPSS, Inc., a provider of predictive analytics software and solutions, and was vice president of sales at i2 Technologies, Inc., a company providing supply chain management software and services. Prior to that leadership role, Mr. Schrank served as vice president of sales & business development for @TheMoment, Inc., a provider of dynamic trading solutions; CEO of Skills Online, a provider of e-learning solutions; and vice president of sales at Creative Multimedia, a provider of web-based multimedia solutions.

Mr. Schrank holds a Bachelor of Arts in Mathematics from the University of California at Los Angeles (UCLA) and an MBA from the University of Southern California (USC).

Boden served as HireRight’s president and CEO since he joined the firm in March 1999. He was a member of the company’s board of directors and also served as chairman of the HireRight Board of Directors beginning in July 2003. USIS acquired HireRight in 2008 as part of the corporation’s efforts to grow its commercial pre-employment screening business and appointed Boden as the leader of these efforts.