SThree: Appointment of new Chief Executive Officer (782069)
28 February 2019 - 6:01PM
UK Regulatory
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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 SThree@almapr.co.uk
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)
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