logo
Share SHARE
FONT-SIZE Plus   Neg

SThree Says Gary Elden Will Succeed Russell Clements As CEO - Quick Facts

Sthree Plc (STHR.L) announced that Russell Clements, chief executive officer, or CEO, is to retire from the Board at the conclusion of its next Annual General Meeting in April 2013 after more than twenty six years with the Group.

Clements will be succeeded as CEO by Gary Elden, currently SThree Group chief strategy officer. Clements will effect a progressive transition of his responsibilities to Elden over the next eleven months to ensure an orderly handover.

Elden joined SThree board in 2008 and has over twenty two years' service with the Group. He is appointed as deputy CEO with immediate effect.

According to Sthree, Clements' retirement is part of a managed succession process, which will also see the appointment to the Group Board of Steve Quinn, currently Group managing director Benelux & Middle East, who will join the Board as chief operating officer, and Justin Hughes, who will retain his responsibilities as Group managing director Asia Pacific in a new Board-level role, reflecting the strategic significance of this region. Both appointments will be made with effect from June 1, 2012.

The company further stated that it continues to trade in line with expectations.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
'Booth babes' will not be seen at the RSA Conference scheduled to be held next month, as the exhibitors have added a new clause to its rules that ban revealing clothes. Although, RSA did not use the term "booth babe," its contract clearly explains that staff deployed at booths should wear business... Election fever has gripped the UK as Prime Minister David Cameron on Monday urged his people to prudently choose either a prosperous future under his Conservative Party or economic ruin under the Labour Party headed by Ed Miliband. Fast food giant McDonald's Corp. (MCD), reportedly plans to serve its breakfast menu for the whole day. According to a CNBC report citing analysts from Janney Capital Markets, McDonald's is planning to test serve breakfast for the whole day at select locations starting in the next few months. "Our...
comments powered by Disqus
Follow RTT