"Lathem is a recognized leader in its industry, with a great brand name and reputation for providing businesses with high-quality products," Seagraves said. "I'm excited to be back in my home town of Atlanta, where Lathem has been a mainstay company for 84 years."

Seagraves said Lathem will introduce new systems to complement Lathem's core time and labor management solutions business.

"When people think of high-quality time clocks and full-featured time keeping systems for small business, they think of Lathem," he said. "In the future, Lathem will be synonymous with a wide range of solutions that help companies get the most for their labor dollar - frequently a company's single biggest expense. For years, Lathem customers have been asking for help in other areas related to their employees. And now, we'll have solutions."

Bill Lathem, Lathem's CEO, said, "We are pleased that Philip Seagraves has joined the Lathem team. His strong background in the labor management industry will help us expand our business, allowing us to seize immediate opportunities that capitalize on our brand, our products and our distribution."

Prior to joining Lathem Time, Seagraves held several marketing positions with Intuit including director of sales and marketing. He also worked as group marketing manager for the Employer Services Group, where he was responsible for Intuit's payroll product and service strategy and development with various channels including accountants. Before joining Intuit, he was director of marketing for payroll services at ADP in Atlanta, where he was responsible for all ADP national accounts payroll product marketing strategies and initiatives.

During his eight years with the company, Seagraves held a variety of marketing-related positions, including payroll product manager and director of strategic planning. He also worked as a district manager for Lanier Worldwide, an office equipment company, and held various positions with IBM.

Seagraves earned his Bachelor of Business Administration at the University of Georgia and serves on the boards of the Juvenile Diabetes Research Foundation and the American Marketing Association, for which he served as vice president of the Atlanta Chapter. He also is a contributing writer for PayTech, a publication of the American Payroll Association.

About Lathem Time

Headquartered in Atlanta, Ga., Lathem Time is one of the world's leading designers and manufacturers of time and attendance products for small business. The company specializes in mechanical and automated employee time and attendance tracking systems, including the No. 1-selling automated system for small business, PayClock EZ. PayClock's automation reduces payroll preparation time by up to 80 percent and eliminates inaccuracies associated with manual calculations, saving up to 3 percent in payroll costs.

Founded in 1919 by George Lathem and his son Louie Lathem, Sr., Lathem Time remains a family-owned and operated company with 175 employees. Over 300,000 companies worldwide use a Lathem timekeeping product for managing their business.