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SThree plc (STHR)

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Monday 24 May, 2010

SThree plc

Directorate Change

RNS Number : 3792M
SThree plc
24 May 2010
 



                                                                                               24 May 2010

 

SThree plc

("SThree" or the "Group")

 

Directorate Change

 

SThree, the international specialist staffing business, announces that Sunil Wickremeratne, Chief Operating Officer, has decided to retire and will leave the Board at the end of the current financial year.

 

Mr. Wickremeratne will remain in his current post until the end of November 2010 to ensure an orderly handover of his responsibilities, which will be divided between existing Group executives.

 

Russell Clements, CEO said: "Sunil has been with the Group for more than twenty two years. Over this time he has played a crucial role in the development of SThree. While we will miss his input around the Board table, we fully understand his desire to retire while he is still young enough to enjoy life to the full.  On behalf of everyone at SThree I would like to thank him for the huge contribution he has made towards making the Group what it is today and wish him well for the future."

 

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Enquiries:

 

SThree plc

020 7292 3838

Russell Clements, Chief Executive Officer


Sarah Anderson, Deputy Secretary/Investor Relations




Citigate Dewe Rogerson

020 7638 9571

Kevin Smith/Nicola Smith


 

Notes to editors

 

SThree, founded in 1986, is one of the leading international specialist staffing businesses, providing permanent and contract specialist staff to a diverse client base of well over 7,000 clients. From its well-established position as a major player in the information and communications technology ("ICT") sector the Group has further broadened the base of its operations by building fast-growing businesses serving the accountancy & finance, banking, engineering, oil & gas, pharmaceuticals, human resources, energy, legal and job board sectors.

  

Following the establishment of its first business, Computer Futures, in 1986, the Group has adopted a multi-brand strategy, establishing new operations to address growth opportunities. SThree operates through a number of brands, the largest of which are Computer Futures/JP Gray, Huxley Associates and Progressive and has over 1,700 employees in twelve countries.

 

SThree has a selective approach to clients and focuses on high margin opportunities, predominantly within the small to medium-sized enterprises ("SME") market. From its inception the Group has avoided the high volume/low margin business model in favour of a focus on high quality business.

 

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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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