Staffline Group PLC Appointment of Non-Executive Director (5987H)

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RNS Number : 5987H

Staffline Group PLC

19 August 2016

 
 For Immediate Release   19 August 2016 
 

STAFFLINE GROUP PLC

('Staffline' or 'the Group')

Appointment of Non-Executive Director

Staffline, the Staffing services, outsourcing, training and Employability organisation, providing people and operational expertise to industry is pleased to announce the appointment of Tracy Lewis as Non-Executive Director with immediate effect.

Tracy brings with her a wealth of senior management experience in retail and manufacturing. Most recently Tracy was CEO of Wacoal Europe (formerly Eveden Group), a leading designer and manufacturer of premium lingerie and swimwear brands. Tracy joined the business in 2003, taking it from private to PE backed, and then oversaw a trade sale to Japanese headquartered Wacoal Holdings Corp. in 2012.

During her tenure the company grew from a GBP30m turnover UK centric business to achieve sales volume of almost GBP100m by 2015 with more than 60% of this coming from export markets, spanning over 50 countries. The sale to the Wacoal Group valued the business at GBP148m, generating a 3.8x return on investment for minority shareholder Lloyds Development Capital, (LDC).

Tracy was the recipient of the EY Entrepreneur of the Year Award for UK PE backed businesses in 2012 and was named CEO of the year for the Midlands by the British Venture Capital Association in 2013.

Her previous executive roles included management positions within Marks & Spencer Plc, Mothercare Plc and Next Plc. Tracy was also a Non-Executive Director of LDC backed Original Additions (Beauty) Ltd, a global distributor of beauty products, until March 2016, when the business was sold to US-based PDC Brands.

Tracy will chair the Nomination committee and be a member of both the Audit and Remuneration committees.

Commenting on Tracy's appointment, Andy Hogarth, CEO of Staffline, said,

"On behalf of the Board, I am delighted to welcome Tracy to Staffline. She brings with her extensive experience in retail and manufacturing from a range of different roles which will support Staffline in our strategic aims as we continue to build on our market-leading position and deliver shareholder value."

Tracy Lewis added,

"I am thrilled to be joining Staffline at such an exciting stage in its development. I have been impressed with all I have seen to date and am looking forward to working with the team to support the Group's continued success."

Tracy Lewis, aged 51, has held the following directorships in the past five years:

Wacoal Europe Ltd

Eveden Group Limited

Wacoal EMEA Ltd

Wacoal Europe SAS

Wacoal France SA

Wacoal Europe SAS

Wacoal Australia Pty Ltd

Wacoal Ventures Ltd

Adden Limited

Optionhunt Limited

Eveden Inc.

Eveden Canada Limited

Eveden Timex (Private) Limited

Eveden Huit SAS

Eveden GMBH

Eveden Israel Limited

Original Additions Limited

There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment.

 
 For further information, please 
  contact: 
 
 Staffline Group plc 
 Andy Hogarth, CEO                  07931 175775 
 Diane Martyn, Group MD             07771 944578 
  Chris Pullen, Group CFO            07786 265344 
 www.staffline.co.uk 
  Liberum 
 NOMAD & Broker 
 Steve Pearce / Steven Tredget 
  / Richard Bootle 
  www.liberum.com                   020 3100 2222 
 Berenberg 
  Joint Broker 
  Chris Bowman / Marie Stolberg 
  www.berenberg.com                  020 3465 2722 
  Buchanan 
 Sophie McNulty / Jamie Hooper 
  / Jane Glover                     020 7466 5000 
 

www.buchanan.uk.com

About Staffline

Staffline is a leading outsourcing organisation providing Staffing services to industry, supplying up to 45,000 workers every day to more than 1,400 clients. In the last five years the Group has also grown to become a leading provider of services in to the Government funded Employability (Welfare to Work), Justice and Skills arena.

The business comprises two key areas:

Staffing Services

Specialising in providing complete labour solutions in agriculture, food processing, manufacturing, e-retail, driving, and the logistics sectors, the recruitment business operates from over 340 locations in the UK, Eire and Poland.

The Staffing brands include:

-- Staffline OnSite, based on clients' premises and providing both blue and white collar, out-sourced, temporary workforces

-- Select Appointments, a high street branch-based operation providing white collar office staff, operated entirely on a franchised basis by independent business owners

   --     Staffline Express, a high street branch based operation 
   --     Driving Plus, providing HGV drivers to the driving industry 
   --     Staffline Agriculture, providing workers to the UK farming and growing sectors 

Employability

Comprising the PeoplePlus brand, Government contracts include:

-- Work Programme, prime contractor in nine regions and sub-contracts in five regions in England

   --     Steps to Success, prime contractor in Northern Ireland 
   --     Youth Guarantee (MyGo Centre), supporting youth employment in the Ipswich area 

-- Ministry of Justice Transforming Rehabilitation in Warwickshire and West Mercia, helping to transform rehabilitation and probation services

   --     OLASS, delivery of training to prisoners in nine prisons in the East of England 
   --     Building Employment through Education, working in schools in Northern Ireland 

Training services:

   --     Elpis, a national training provider 
   --     Learning Plus, an e-learning platform 

-- Skillspoint, a procurement consultancy specialising in helping employers benefit from government-funded, work-based training

Support services:

   --     The Money Advice Service 
   --     Independent Living Services 
   --     Northern Ireland Prison Services, Visitor Centers 
   --     PeoplePlus Money 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 19, 2016 02:00 ET (06:00 GMT)