REG-SThree SThree: Appointment of new Chief Executive Officer

SThreeAnnouncement

28/02/2019 07:05

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   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.

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                                   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

            Hilary Buchanan
                                                SThree@almapr.co.uk
            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.

    

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   ISIN:          GB00B0KM9T71
   Category Code: MSCH
   TIDM:          STHR
   LEI Code:      2138003NEBX5VRP3EX50
   Sequence No.:  7652
   EQS News ID:   782069


    
   End of Announcement EQS News Service

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