Manpower co-founder Elmer Winter dies at 97
Manpower co-founder Elmer Winter passes away at age 97; retired from company in 1976
- On 1:26 pm EDT, Friday October 23, 2009
MILWAUKEE (AP) -- Staffing company Manpower Inc. said Friday that co-founder Elmer Winter has died.
Winter, who retired in 1976, passed away on Thursday. He was 97 years old.
Shares of Manpower fell $2.10, or 3.9 percent, to $52.17 in afternoon trading Friday.
On Wednesday, Manpower reported a wider third-quarter loss as labor markets continued to shrink. It also forecast fourth-quarter earnings below analysts' estimates.
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