5th Nov 2007 07:01
SThree plc05 November 2007 SThree plc ("SThree" or the "Group") Appointment of Non-Executive Director SThree, the international specialist staffing business, announces that it hasappointed Paul Bowtell as Non-Executive Director and Chairman of the AuditCommittee, with immediate effect. Paul (aged 39) is currently the Chief Financial Officer of TUI Travel PLC, thecompany recently formed through the merger of First Choice Holidays plc and thetourism businesses of TUI AG. Paul has extensive experience gained from seniorfinance roles in a variety of companies including First Choice Holidays PLC,British Gas, a subsidiary of Centrica plc, where he was appointed FinanceDirector in 2002. Prior to that, he was with W H Smith plc, where he held anumber of corporate centre roles before becoming the Finance Director of the UKRetail business, as well as senior tax roles at Forte and Arthur Andersen. Paulis an Associate of the Institute of Chartered Accountants in England and Wales. Sir Anthony Cleaver, Chairman commented: "Paul is a highly experienced Directorand we are delighted to welcome him to the Group. His particular experience infinance, treasury and tax matters at the highest level will further strengthenboth our Board and Audit Committee and will be of benefit as we continue toexpand the scale and scope of our staffing interests." There are no additional details relating to Paul Bowtell's appointment that arerequired to be disclosed pursuant to paragraph 9.6.13 (1-6) of the ListingRules. - Ends -Enquiries: SThree plc 020 7292 3838Russell Clements, Chief Executive OfficerMichael Nelson, Chief Financial Officer Citigate Dewe Rogerson 020 7638 9571Kevin Smith/Nicola Smith Notes to editors: SThree, founded in 1986, is one of the leading specialist staffing businesses inthe UK and Europe, providing permanent and contract specialist staff to adiverse, international client base of well over 4,000 clients. From itswell-established position as a major player in the information andcommunications technology ('ICT') sector the Group is now broadening the base ofits operations by building fast-growing businesses serving the banking andfinance, accountancy, human resources, engineering and pharmaceuticals, energyand job board sectors. Following the establishment of its first business,Computer Futures, in 1986, the Group adopted a multi-brand strategy,establishing new operations to address growth opportunities. SThree currentlyoperates 12 brands, the four largest being Computer Futures, Huxley Associates,Progressive and Pathway, and has 33 offices in the UK and 15 officesinternationally; 14 in Europe, in Belgium, The Netherlands, France, Germany andIreland, and one office in New York. SThree has a selective approach to clientsand focuses on high margin opportunities, predominantly within the small tomedium-sized enterprises ('SME ') market. From its inception the Group hasavoided the high volume/low margin business model in favour of a focus on highquality business. SThree plc is quoted on the Official List of the UK ListingAuthority under the ticker symbol STHR. SThree also has a US level one ADRfacility, symbol SERTY. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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