Departure and appointment · 15 October 2026
ManpowerGroup Inc.
MAN · Listed
Key facts
- How the CEO left
- Retirement
- Planned or abrupt
- Planned
- Successor
- Internal (a current executive)
- Outgoing CEO stays as
- Chair
- Signs it was forced
- None stated
- Other news alongside
- None
- Effective
- 1 January 2027
- Reason given
- decision to retire
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
On October 13, 2026, the Board of Directors (the “Board”) of ManpowerGroup Inc. (the “Company”) appointed Rebecca Frankiewicz, the Company’s President and Chief Strategy Officer, as the Company’s Chief Executive Officer, and appointed Jonas Prising, the Company’s Chair and Chief Executive Officer, as the Executive Chair of the Board, both effective January 1, 2027 (the “Transition Date”), in connection with Mr. Prising’s decision on the same day to retire as the Company’s Chief Executive Officer, effective as of the Transition Date.
Compensation Arrangement with Ms. Frankiewicz In connection with her appointment as the Company’s President and Chief Executive Officer, Ms. Frankiewicz’s annual base salary was increased to $1,150,000 and her target annual cash incentive was increased to 150% of her annual base salary, in each case, effective on the Transition Date.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 15 October 2026 at 11:33 New York time, during trading hours, so day 0 is that same day. Day 0 is marked by the vertical line.
| Window | MAN | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | −20.2% | −0.8% | −21.6% |
| Days 0 to +3 | −17.3% | −0.1% | −18.5% |
| 1 month (days 0 to +21)so far, 9 of 22 days | −11.9% | +0.0% | −13.3% |
| 3 months (days 0 to +63)so far, 9 of 64 days | −11.9% | +0.0% | −13.3% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta -0.06) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
- ManpowerGroup Announces Leadership Transition ↗
prnewswire.com · 15 October 2026 · Tone: neutral
- ManpowerGroup Q3 Profit Surges, Issues Q4 View; Names Becky Frankiewicz CEO; Shares Drop 18% ↗
rttnews.com · 15 October 2026 · Tone: negative
- Jonas Prising moves to new role as ManpowerGroup names next CEO ↗
biztimes.com · 15 October 2026 · Tone: neutral
Headlines from the day before the filing to three days after, found in the GDELT news index by company name, so an occasional match may be about something else. Tone is FinBERT's reading of the headline alone, a language model trained on financial news; it is not our view of the change.