REG-SThree SThree: Appointment of Chief Executive Officer

SThreeAnnouncement

28/04/2022 07:15

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   SThree (STEM)
   SThree: Appointment of Chief Executive Officer

   28-Apr-2022 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   28 April 2022

                                        

                                   SThree plc

                                        

                           ("SThree" or the "Group")

                                        

                     Appointment of Chief Executive Officer

    

   SThree plc, the only global pure-play specialist staffing business focused
   on roles in Science, Technology, Engineering and Mathematics ('STEM'),  is
   pleased to  announce the  appointment  of Timo  Lehne as  permanent  Chief
   Executive Officer  ("CEO")  with  immediate  effect.  Timo  was  appointed
   Interim CEO in  January 2022  having previously been  the Senior  Managing
   Director  of  SThree's   largest  region,  DACH   (Germany,  Austria   and
   Switzerland).

    

   Timo brings a wealth  of relevant experience in  STEM recruitment, a  deep
   understanding of SThree's business,  and focused, dynamic leadership,  all
   vital qualities as the Group continues to execute its growth strategy.

    

   As  Senior  Managing  Director  of  the  DACH  business,  Timo  held  full
   responsibility for the day-to-day running  of SThree's largest region.  He
   has also been a  member of our global  Senior Leadership Team,  supporting
   the overall process of  identifying and prioritising strategic  programmes
   across the  Group. Since  Timo joined  the Group  in 2006,  he has  helped
   transform the Group's  DACH business into  the fastest growing  specialist
   recruiter in the region, as well as  one of the top employers in  Germany,
   as certified by the Top Employer Institute for the last nine years. SThree
   is now DACH's second-biggest specialist recruitment consultancy.

    

   James Bilefield, Non-Executive Chair, commented:

    

   "Having worked on a thorough and extensive search process, reviewing  both
   internal and external candidates, the  Board is delighted to appoint  Timo
   as permanent CEO. As  Interim CEO he has  shown strategic thinking,  drive
   and passion,  drawing on  his extensive  experience, and  we are  entirely
   confident that  he  is the  best  person  to take  the  business  forward.
   Together with the rest of the  Board, I look forward to working  alongside
   him in his new role."

    

   Timo Lehne, CEO, commented:

    

   "I am excited  and honoured  to be  taking on  the permanent  CEO role  at
   SThree. Having been part of  the Group for over  16 years and leading  its
   largest region, I am committed to  seeing SThree succeed and look  forward
   to creating  further substantial  value for  all our  stakeholders in  the
   years ahead.

    

   We have the right strategy  in place. The need  for STEM skills has  never
   been greater and we expect demand to increase over the coming years. As  a
   Company, we therefore remain focused on leveraging our role at the  centre
   of STEM to provide our customers  with the best talent and our  candidates
   with the best opportunities. I am confident in our growth prospects as  we
   continue to  work towards  our vision  to be  the number  one STEM  talent
   provider in the best STEM markets."

    

    

                                    - Ends -

   Enquiries:

                                                                             

    
   SThree plc                                              
   James Bilefield, Chair

   Andrew Beach, CFO

   Kate Danson, General Counsel and Group Company          via Alma
   Secretary

    

    
   Alma PR                                                +44 20 3405 0205
   Susie Hudson

   Rebecca Sanders-Hewett                                 SThree@almapr.co.uk

    

    

    

   Notes to editors

    

   SThree plc brings skilled people together to build the future. We are  the
   only global pure-play  specialist staffing  business focused  on roles  in
   Science,  Technology,  Engineering  and  Mathematics  ('STEM'),  providing
   permanent and flexible  contract talent to  a diverse base  of over  8,000
   clients  across  14  countries.  Our  Group's  c.2,700  staff  cover   the
   Technology, Life  Sciences, Engineering  and  Banking &  Finance  sectors.
   SThree is part  of the Industrial  Services sector. We  are listed on  the
   Premium Segment of the London  Stock Exchange's Main Market, trading  with
   ticker code STEM.

    

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   ISIN:           GB00B0KM9T71
   Category Code:  BOA
   TIDM:           STEM
   LEI Code:       2138003NEBX5VRP3EX50
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   158109
   EQS News ID:    1337553


    
   End of Announcement EQS News Service

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