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
Apple will unveil its Apple Watch with a battery that may last only 2.5 to 4 hours on very active use, according to a report in 9to5mac. "People with knowledge of the Apple Watch's development have provided us with the specific performance targets Apple wants to achieve for the Apple Watch battery,... HARMAN International Industries, Inc. (HAR) announced it has signed an agreement with Symphony Technology Group to acquire Symphony Teleca, a privately-held global software services company. Check out this story for a look at some of We are just a few weeks into 2015 and it has already been a busy year for merger deals and merger talks. Here is a list of some of the M&A stories that have made headlines so far in 2015.
comments powered by Disqus
Follow RTT