19th May 2011 07:00
SQS Software Quality Systems AG
("SQS" or the "Company")
Board change
SQS Software Quality Systems AG (AIM: SQS.L), the world's largest pure play supplier of independent software testing and quality management services, announces that David Cotterell had agreed with the Supervisory Board that now is the right time to resign as a main board director of SQS Software Quality Systems AG.
David has been responsible for a three-fold expansion of the UK, Ireland and South Africa since the business of which he was CEO was acquired by SQS in 2006. A long established succession plan will take care of this business going forward. His other main board activities with Investor Relations will be absorbed by the Group Main Board.
David joined the Company following the acquisition of Cresta Ltd in May 2006, of which he was CEO, and was appointed to the Group Main Board in July 2008.
SQS acknowledges David's huge contribution since he has been with the Company and wishes him every success in the future.
In line with the divisional reporting structure of the group, Steve Fice, who will take over the regional responsibility for 'West Organisation North and South' (comprising of the UK, Ireland, South Africa, India, US and the Nordics) will now report to Diederik Vos, the group's recently appointed Chief Operating Officer.
Rudolf van Megen, Chief Executive Officer, commented: "David was invaluable to the successful integration of Cresta and the smooth running of the 'West Organisation North and South'. The board would like to thank him for his contribution to the success of the SQS group and wish him well for his future endeavours."
Enquiries:
SQS Software Quality Systems AG | Tel. +49 (2203) 91 54 0 |
Rudolf van Megen, Chief Executive Officer | |
René Gawron, Chief Financial Officer | |
Arbuthnot Securities | Tel. +44 (0)20 012 2000 |
Nick Tulloch Antonio Bossi | |
Walbrook PR Limited | Tel. +44 (0)20 7933 8783 |
Bob Huxford |
Jack Rich
About SQS
SQS is the world's largest pure play supplier of independent software testing and quality management services. SQS consultants design and oversee quality management processes during the software and IT systems life cycle and test the resulting products for errors and omissions.
Headquartered in Cologne, Germany, SQS has approximately 2,000 employees across Europe, Asia, North America and Africa. The Group has a presence in Germany (Cologne, Munich, Frankfurt, Stuttgart, Goerlitz and Hamburg), the UK (London, Woking, Birmingham, Manchester, Belfast), Ireland, the Netherlands, Switzerland, Austria, Sweden, Norway, Finland, India, Egypt, the United States and South Africa. SQS also has a minor stake in an operation in Portugal and a partnership operation in Spain.
With more than 5,000 completed projects, SQS has a strong customer base including 20 FTSE-100 companies, more than half of the DAX 30 and a third of the STOXX-50. It supports clients in a wide range of industries, including major corporations such as Allianz, Beazley, BP, Centrica, Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters and Volkswagen.
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