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Former Kelly Services leader Terence Adderley passes away; joined firm in 1958

October 11 2018

Terence Adderley, the former chairman and CEO of Kelly Services Inc., died at home Tuesday evening at the age of 85. The son of company founder William Russell Kelly, he was a part of the company for 60 years.

Adderley joined Kelly Services in 1958 as manager of its office in Louisville, Ky. He was elected VP of the company in 1961, executive VP in 1965, president in 1967, and CEO in 1989. He served on the company’s board of directors since 1962, was elected chairman in 1998, and executive chairman and chairman of the board in 2012, dual roles he held until May 2018. Adderley continued to serve as Kelly’s board chairman until his retirement last month.

Adderley was also the controlling stockholder of the company with approximately 4.2% of the outstanding Class A shares, and approximately 93.6% of the outstanding Class B shares.

Service arrangements are still pending at press time.

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