Appointment of NED
SThree plc
05 November 2007
SThree plc
('SThree' or the 'Group')
Appointment of Non-Executive Director
SThree, the international specialist staffing business, announces that it has
appointed Paul Bowtell as Non-Executive Director and Chairman of the Audit
Committee, with immediate effect.
Paul (aged 39) is currently the Chief Financial Officer of TUI Travel PLC, the
company recently formed through the merger of First Choice Holidays plc and the
tourism businesses of TUI AG. Paul has extensive experience gained from senior
finance roles in a variety of companies including First Choice Holidays PLC,
British Gas, a subsidiary of Centrica plc, where he was appointed Finance
Director in 2002. Prior to that, he was with W H Smith plc, where he held a
number of corporate centre roles before becoming the Finance Director of the UK
Retail business, as well as senior tax roles at Forte and Arthur Andersen. Paul
is an Associate of the Institute of Chartered Accountants in England and Wales.
Sir Anthony Cleaver, Chairman commented: 'Paul is a highly experienced Director
and we are delighted to welcome him to the Group. His particular experience in
finance, treasury and tax matters at the highest level will further strengthen
both our Board and Audit Committee and will be of benefit as we continue to
expand the scale and scope of our staffing interests.'
There are no additional details relating to Paul Bowtell's appointment that are
required to be disclosed pursuant to paragraph 9.6.13 (1-6) of the Listing
Rules.
- Ends -
Enquiries:
SThree plc 020 7292 3838
Russell Clements, Chief Executive Officer
Michael Nelson, Chief Financial Officer
Citigate Dewe Rogerson 020 7638 9571
Kevin Smith/Nicola Smith
Notes to editors:
SThree, founded in 1986, is one of the leading specialist staffing businesses in
the UK and Europe, providing permanent and contract specialist staff to a
diverse, international client base of well over 4,000 clients. From its
well-established position as a major player in the information and
communications technology ('ICT') sector the Group is now broadening the base of
its operations by building fast-growing businesses serving the banking and
finance, accountancy, human resources, engineering and pharmaceuticals, energy
and job board sectors. Following the establishment of its first business,
Computer Futures, in 1986, the Group adopted a multi-brand strategy,
establishing new operations to address growth opportunities. SThree currently
operates 12 brands, the four largest being Computer Futures, Huxley Associates,
Progressive and Pathway, and has 33 offices in the UK and 15 offices
internationally; 14 in Europe, in Belgium, The Netherlands, France, Germany and
Ireland, and one office in New York. 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. SThree 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 UGCAGUPMGQP
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