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
Internet giant Google Inc. (GOOGL, GOOG) has launched a new online flight search tool that makes it easy to find out the best flight deal. The tool dubbed "Google Flights" provides a calendar that one can scroll through and see the lowest fare highlighted for each day. One can also use the lowest... Hyperloop Transportation Technologies, a start-up that has adopted Elon Musk's ambitious project of high-speed transportation system, plans to build a Hyperloop test track in California and completed as early as 2016. Hyperloop Test Technologies, a crowd-funded company, plans to take Musk's dream... Colors have set the social media afire after an otherwise innocuous photo of a bodycon dress kept users guessing as to what hues permeate it. Opinions are divided, with some seeing the dress as white and gold, and others as blue and black. The photo was posted on Tumblr by a user called Swiked.
comments powered by Disqus
Follow RTT