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Stock impact report

Star Equity Fund Calls on GEE Group to Change Egregious Executive Employment Agreements

GEE Group Inc. (JOB) 
NASDAQ:AMEX Investor Relations: ir.geegroup.com
Company Research Source: GlobeNewswire
OLD GREENWICH, Conn., April 29, 2026 (GLOBE NEWSWIRE) -- Star Equity Fund, LP ("Star Equity Fund" or "we"), a 5.4% stockholder of GEE Group, Inc. (NYSE American: JOB) ("GEE Group" or the "Company"), issues the following statement calling on GEE Group's Management (the “Management”) and Board of Directors (the "Board") to negotiate revised employment agreements for CEO Derek Dewan, CFO Kim Thorpe, and COO Alex Stuckey (together, the “2023 Agreements”) removing the value-destroying, excessive severance and the exceptionally anti-shareholder change in control (“CIC”) provisions. In our March 3, 2026 press release, we encouraged the Board to run a sale process to maximize value for all GEE Group stockholders, and we applaud the Company’s subsequent decision to hire Roth Capital partners to assist in evaluating strategic alternatives. We believe that, as part of this process, JOB’s Management and Board should remove all impediments to maximizing the potential sale proceeds. GEE Group’s Show less Read more
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