Directorate Change

SThree (STHR)
Directorate Change

29-Sep-2017 / 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.


 For release at 0700 on 29 September 2017

 

SThree plc

("SThree" or the "Group")

 

Directorate Change

 

SThree, the international specialist STEM staffing business, announces that Steve Quinn, Executive Director and CEO, Americas, will step down from the Board, with effect from 30 September 2017. Steve will remain with the Group to offer strategic advice until he returns to the UK during 2018.

 

Steve originally joined the SThree Board on 1 June 2012, as Chief Operating Officer, before being promoted to CEO, Americas during the latter part of 2013. He has led the team that established the Group's Americas business as one of SThree's fastest growing and built a strong management team in the region. His responsibilities as CEO, Americas, will be assumed by colleagues within the well-established operational management structure now in place in the Americas region and it is not anticipated that a Board level successor will be appointed.

 

Gary Elden, Group CEO commented: "Steve has made an outstanding contribution to the development and success of SThree in his various roles, since originally joining as a recruitment consultant with Progressive in 1997. He was a key driver in the creation of Real's Contract Division in 1999, before expanding the brand internationally and establishing the Real Pharma business, as well as later merging four of the Group's businesses to form the Real Staffing Group. Latterly, under his leadership, our Americas region has become one of our fastest growing and most important. On behalf of everyone at SThree, I would like to thank him for his service and wish him well for the future."

 

-          Ends -

 

Enquiries:

 

SThree plc

020 7268 6000

Gary Elden, CEO

 

Sarah Anderson, Deputy Company Secretary/IR Enquiries

 

 

Citigate Dewe Rogerson

020 7638 9571

Kevin Smith/Jos Bieneman

 

 

Notes to editors

 

SThree is a leading international specialist staffing business, providing permanent and contract specialist staff to a diverse client base of over 7,000 clients. From its well-established position as a major player in the Information and Communication Technology ('ICT') sector 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 Computer Futures, Huxley Associates, Progressive and The Real Staffing Group. The Group has circa 2,600 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.

 

Important notice

 

Certain statements in this announcement are forward looking statements. By their nature, forward looking statements involve a number of risks, uncertainties or assumptions that could cause actual results or events to differ materially from those expressed or implied by those statements. Forward looking statements regarding past trends or activities should not be taken as representation that such trends or activities will continue in the future. Certain data from the announcement is sourced from unaudited internal management information. Accordingly, undue reliance should not be placed on forward looking statements.



ISIN: GB00B0KM9T71
Category Code: BOA
TIDM: STHR
LEI Code: 2138003NEBX5VRP3EX50
Sequence No.: 4668

 
End of Announcement EQS News Service

614223  29-Sep-2017 

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