CTG Promotes Three Long-time Business Leaders in Europe
16 February 2019 - 1:00AM
CTG Promotes Three Long-time Business Leaders in Europe
CTG (NASDAQ: CTG), a leading provider of
information technology (IT) solutions and services in North America
and Western Europe, announced today that three of the Company’s
high-performing managers in its European business, Bob Daelman,
Guido Helsloot and Rénald Wauthier, have each been named vice
president.
“Bob Daelman and Rénald Wauthier have proven
track records of significantly expanding their respective
businesses in Europe. Guido Helsloot has been key enabler in
effecting two acquisitions in the past six years that expanded our
operations and was again instrumental in driving our recent Tech-IT
acquisition that will give CTG broader end-to-end capabilities to
better-serve our clients. Together, this team has greatly
contributed to our success in Europe, where CTG has recorded eight
consecutive years of revenue growth,” commented Filip Gydé, current
Executive Vice President and President of CTG Europe and incoming
President and CEO of CTG. “As proven by their past accomplishments,
Bob, Guido and Rénald are the ideal leaders to oversee our European
operations going forward as I transition to my new role as CEO of
CTG’s worldwide operations and allocate a significant amount of my
time to our North American operations.”
Bob Daelman will assume executive responsibility
for all CTG operations in Belgium and the United Kingdom in his new
role as well as the for the associated growth strategy. Daelman
brings over 30 years of experience to his new position as Vice
President, including 18 years at CTG with increasing responsibility
across sales and leadership positions. Under Daelman’s
guidance, CTG Belgium has grown revenue by double digits in each of
the last three years and nine times has been recognized as a ‘Great
Place to Work’ by Great Place to Work® Institute Belgium.
As a CTG Vice President, Guido Helsloot will
have executive responsibility for all European business-related
finance, administration, quality, and compliance functions. He will
also oversee European IT and legal functions. Helsloot has 25 years
of experience in finance and administration, including 11 years at
CTG. He will continue to manage an international team across four
countries and seven business entities in Europe. Helsloot has
provided expert financial, regulatory, and compliance guidance in
each of CTG’s acquisitions in Europe—etrinity, Soft Company,
and Tech-IT.
Rénald Wauthier has been appointed a CTG Vice
President and will have executive responsibility for the growth
strategy and all CTG operations in Luxembourg, including the
Tech-IT business, as well as in France, where CTG entered the
market with the acquisition of Soft Company last February.
Wauthier has 28 years of industry experience, including 22 years at
CTG. In his current management and sales roles he has driven
tremendous growth and considerably expanded CTG’s team in
Luxembourg from a small group of professionals 20 years ago to over
500 today. In addition, Wauthier established CTG Luxembourg as a
leading employer of choice with the Company’s Luxembourg operations
having been recognized as a ‘Best Workplaces Luxembourg’ for eight
consecutive years by Great Place to Work Institute® Luxembourg.
About CTG:CTG provides
industry-specific IT services and solutions that address the
business needs and challenges of clients in high-growth industries
in North America and Western Europe. CTG also provides strategic
staffing services for major technology companies and large
corporations. Backed by more than 50 years of experience and
proprietary methodologies, CTG has a proven track record of
reliably delivering high-value, industry-specific staffing services
and solutions to its clients. CTG has operations in North America,
Western Europe, and India. The Company regularly posts news and
other important information online at www.ctg.com.
Safe Harbor Statement
This document contains certain forward-looking
statements concerning the Company's current expectations as to
future growth, financial outlook, business strategy and performance
expectations for 2018 and three-year performance targets, a share
repurchase program, and statements related to cost control, new
business opportunities, financial performance, market demand, and
other attributes of the Company. These statements are based upon
the Company's expectations and assumptions, a review of industry
reports, current business conditions in the areas where the Company
does business, feedback from existing and potential new clients, a
review of current and proposed legislation and governmental
regulations that may affect the Company and/or its clients, and
other future events or circumstances. Actual results could differ
materially from the outlook guidance, expectations, and other
forward-looking statements as a result of a number of factors,
including among others, the availability to the Company of
qualified professional staff, domestic and foreign industry
competition for clients and talent, increased bargaining power of
large clients, the Company's ability to protect confidential client
data, the partial or complete loss of the revenue the Company
generates from International Business Machines Corporation (IBM)
and/or SDI International (SDI), the ability to integrate the
Tech-IT and Soft Company businesses and retain their clients, the
uncertainty of clients' implementations of cost reduction projects,
the effect of healthcare reform and initiatives, the mix of work
between staffing and solutions, currency exchange risks, risks
associated with operating in foreign jurisdictions, renegotiations,
nullification, or breaches of contracts with clients, vendors,
subcontractors or other parties, the change in valuation of
capitalized software balances, the impact of current and future
laws and government regulation, as well as repeal or modification
of such, affecting the information technology (IT) solutions and
staffing industry, taxes and the Company's operations in
particular, industry and economic conditions, including
fluctuations in demand for IT services, consolidation among the
Company's competitors or clients, the need to supplement or change
our IT services in response to new offerings in the industry or
changes in client requirements for IT products and solutions and
other factors that involve risk and uncertainty including those
listed in the Company's reports filed with the Securities and
Exchange Commission as of the date of this document. Such
forward-looking statements should be read in conjunction with the
Company's disclosures set forth in the Company's 2017 Form 10-K,
which is incorporated by reference, and other reports that may be
filed from time to time with the Securities and Exchange
Commission. The Company assumes no obligation to update the
forward-looking information contained in this release.
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