SThree: Appointment of new Chief Executive Officer (782069)

Dow Jones received a payment from EQS/DGAP to publish this press release.

 
 
 SThree (STHR) 
SThree: Appointment of new Chief Executive Officer 
 
28-Feb-2019 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
          SThree plc 
 
          ("SThree" or the "Group") 
 
          Appointment of new Chief Executive Officer 
 
 SThree plc, the international specialist STEM staffing business, is pleased 
to announce the appointment of Mark Dorman as Chief Executive Officer of the 
                     Group. Mark will join SThree on 18 March 2019. 
 
        Mark brings a wealth of relevant experience in scaling international 
 business service operations, delivering value-driven strategies and leading 
       great teams, which will complement SThree's deep recruitment industry 
              experience, entrepreneurial drive and strong market positions. 
 
          Mark was previously President of Higher Education, International & 
        Professional for McGraw Hill Education, where his people leadership, 
   strategic discipline and focus on operational excellence increased market 
   share and delivered financial performance that out-ranked the competitive 
peer group. Before joining McGraw-Hill Education in 2013, Mark was President 
  and CEO of Wolters Kluwer Law & Business, having previously served as Vice 
 President of Wolters Kluwer's Legal Markets Group, where he was responsible 
for overall strategy, business development and sales and marketing. Prior to 
  Wolters Kluwer, Mark was Head of Global Product Management at Gartner Inc. 
    and Head of Strategy for LexisNexis UK, a unit of Reed Elsevier. A joint 
    UK/US national originally from Dundee, Scotland, Mark graduated from the 
    Royal Military Academy Sandhurst and served as an officer in the British 
                     Army's Corps of Royal Military Police. 
 
    Further to the announcement on 14 December 2018, current Chief Executive 
Officer, Gary Elden, will be stepping down from his role and the Board on 18 
 March 2019, but will remain with the Company until the AGM on 24 April 2019 
                     to ensure a smooth and orderly handover. 
 
                     James Bilefield, Chairman, commented: 
 
      "On behalf of the Board I would like to thank Gary for his significant 
 contribution to SThree since joining the Group in 1990, and becoming CEO in 
    2013. His passion, expertise and unswerving commitment over nearly three 
decades has served the SThree business well and we wish him every success in 
                     the future." 
 
   "The Board and I are now looking forward to working with Mark to take the 
   business forward to its next stage of growth, development and success. An 
entrepreneurial and tech-savvy executive, Mark's energy and relentless focus 
  on results will be central to the delivery of our mission to bring skilled 
                     people together to build the future." 
 
                     Mark Dorman commented: 
 
"This is an exciting time to join SThree. Not only is the Company performing 
  well, finishing the year with strong momentum, but with an ever increasing 
 demand for STEM skills globally, an experienced, entrepreneurial team and a 
  portfolio of strong brands in place, we have a unique opportunity to build 
 on the success that SThree has seen under Gary's leadership. I look forward 
  to working with the team to deliver substantial value for all stakeholders 
                     over the coming years." 
 
 The Company confirms that there is no further information about Mark Dorman 
 requiring disclosure under paragraph 9.6.13 (2) to (6) of the Listing Rules 
                     of the UK Listing Authority 
 
                     Enquiries: 
 
                         SThree plc       020 7268 6000 
Alex Smith, Chief Financial Officer 
 
                            Alma PR       020 3405 0205 
             Rebecca Sanders-Hewett [e-mail] 
 
                    Hilary Buchanan 
 
                       Susie Hudson 
 
                         Sam Modlin 
 
                     Notes to editors 
 
SThree is a leading international specialist recruitment business, providing 
     Permanent and Contract specialist staff to a diverse base of over 9,000 
clients. From its well-established position as a major player in Information 
        & Communications Technology, the Group has broadened the base of its 
     operations to include businesses serving the Banking & Finance, Energy, 
                     Engineering and Life Sciences sectors. 
 
 Since launching its original business, Computer Futures, in 1986, the Group 
  has adopted a multi-brand strategy, establishing new operations to address 
  growth opportunities. SThree brands include Progressive, Computer Futures, 
        Huxley Associates and Real Staffing Group. The Group has circa 3,000 
                     employees in sixteen countries. 
 
 SThree plc is quoted on the Official List of the UK Listing Authority under 
     the ticker symbol STHR and also has a US level one ADR facility, symbol 
                     SERTY. 
 
ISIN:          GB00B0KM9T71 
Category Code: MSCH 
TIDM:          STHR 
LEI Code:      2138003NEBX5VRP3EX50 
Sequence No.:  7652 
EQS News ID:   782069 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

February 28, 2019 02:01 ET (07:01 GMT)