12th Sep 2018 09:55
LONDON (Alliance News) - IWG PLC said Wednesday that Dominik de Daniel will step down as chief financial officer and chief operating officer and leave the serviced office space provider after a transition period "to pursue other opportunities".
IWG has hired Eric Hageman, former CFO of TeleCity Group PLC and Royal KPN NV, as interim CFO, noting that Hageman has been consulting for IWG.
"I would like to personally thank Dominik for his strong contribution over the last three years. Dominik has strengthened the finance organisation, was important in attracting talent and played a key role in the strong positive development of our business in North America," said IWG Chief Executive Mark Dixon.
Last month, IWG, the owner of the Regus brand, terminated takeover talks with three bidders - Starwood Capital European Operations Ltd, Terra Firma Investments Ltd and TDR Capital LLP - saying none were capable of delivering an executable transaction at a recommendable price.
IWG shares were trading down 0.2% at 232.60 on Wednesday.
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