REG-SThree SThree: Appointment of new Chief Financial Officer

SThreeAnnouncement

14/06/2021 07:05

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   SThree (STEM)
   SThree: Appointment of new Chief Financial Officer

   14-Jun-2021 / 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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   14 June 2021

                                   SThree plc

                           ("SThree" or the "Group")

                   Appointment of new Chief Financial 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 Andrew Beach  as CFO. Andrew  will
   join the Group on 5 July 2021 and will be formally appointed to the  Board
   on 15 July 2021.

    

   Andrew Beach is  an accomplished  CFO with  over 13  years' experience  in
   listed  companies  and   has  relevant  global   experience  of   business
   transformation   in   fast-paced   and   high-growth   companies,    fully
   complementing SThree's ambitions, entrepreneurial drive and strong  market
   positions.

    

   Andrew was previously CFO of Hyve Group plc, a global exhibitions
   business, and was instrumental in leading it through a period of
   significant transformation and rapid international growth which resulted
   in its promotion to the FTSE 250.  Before joining Hyve in 2016, Andrew
   held a number of roles at Ebiquity plc, joining as Group Financial
   Controller in 2007 and quickly being appointed as CFO in 2008. In 2014 he
   was promoted to Chief Financial and Operating Officer. Andrew trained and
   qualified as a Chartered Accountant with PwC, working with them from 1998
   until 2007.

    

   Further to the announcement on 25 January 2021, the current CFO, Alex
   Smith, will step down from the Board in July, following which he will
   remain with the company to effect an orderly handover.

    

   James Bilefield, Chairman, commented:

    

   "The Board and I are looking forward to working with Andrew in taking  the
   Group forward to its next stage of growth and development. An accomplished
   CFO, Andrew's  focus on  driving  growth, best  practice and  delivery  of
   data-led performance management  will be  central to the  delivery of  our
   core purpose to bring skilled people together to build the future."

    

   "On behalf  of the Board I  would like  to thank Alex for  his significant
   contributions to SThree since joining the Group as CFO in 2008. His energy
   and drive  has helped  to  build and  steer SThree's  financial  strategy,
   approach to risk  management and  investor relationships and  we wish  him
   every success in the future." 

    

   Mark Dorman, CEO, commented:

    

   "I am delighted  to welcome Andrew  to SThree and  I'm looking forward  to
   working closely  with him  as  we continue  to  drive change  and  further
   deliver  rapid  growth  and   financial  strength.   Andrew's   impressive
   experience in ambitious companies will be crucial to delivering our vision
   through the next stages of our development."

    

   "I would like to extend my deepest thanks to Alex for his contributions to
   the Group for over 13 years and  for his partnership and guidance since  I
   joined the Company. He has directed us expertly through challenging market
   conditions and more recently the delivery of a successful capital  markets
   day, resulting in the excellent  financial and share price performance  we
   see today.  On behalf  of the entire senior  leadership team at SThree,  I
   wish Alex the very best."

    

   Andrew Beach commented:

    

   "This is  an  exciting  time to  join  SThree.  I'm drawn  by  its  strong
   leadership, clear strategy and vision.   In spite of headwinds across  the
   talent and  recruitment  industries  during the  pandemic,  the  Group  is
   performing strongly,  with  an  ever-increasing  demand  for  STEM  skills
   globally.  I  look  forward to  working  with  the Board  and  the  senior
   leadership team to truly fulfil  SThree's ambitions and contribute to  its
   purpose of bringing skilled people together to build the future."

   The Company confirms  that there  is no further  information about  Andrew
   Beach requiring  disclosure  under paragraph  9.6.13  (2) to  (6)  of  the
   listing rules of the Financial Conduct Authority.

   Press enquiries:                                                   
   SThree plc                                      020 7268 6000
   Rebecca Matts, Group Director of Communications r.matts@sthree.com
                                                    
   IR enquiries:
                                                    
    
   Alma PR                                         020 3405 0205
   Susie Hudson

   John Coles                                      SThree@almapr.co.uk

    

    

   The information  contained  within  this announcement  is  deemed  by  the
   Company to constitute inside information under the Market Abuse Regulation
   (Regulation (EU) No.596/2014).

    

   Notes to editors

    

   SThree plc brings skilled people together to build the future.  It is  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  9,000
   clients in 15 countries.

    

   The Group's c.2,600 staff cover the Technology, Life Sciences, Engineering
   and Banking & Finance sectors.

    

   SThree plc is quoted on  the Premium Segment of  the Official List of  the
   Financial Conduct Authority under the ticker symbol STEM and also has a US
   level one ADR facility, symbol SERTY.

    

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   ISIN:          GB00B0KM9T71
   Category Code: MSCM
   TIDM:          STEM
   LEI Code:      2138003NEBX5VRP3EX50
   Sequence No.:  110902
   EQS News ID:   1207303


    
   End of Announcement EQS News Service

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