15th Apr 2009 17:20
Press Release
15 April 2009
Kellan Group PLC Appoints New Chief Executive Officer
Kellan Group PLC (AIM: KLN.L), a leading IT, accountancy, hospitality, leisure and professional services recruitment group, announces the appointment of Ross Eades as the new Group Chief Executive Officer effective from 20 April 2009.
Ross Eades joins Kellan Group from InterQuest Group plc where he has been CEO since 2003. InterQuest Group is an AIM listed IT specialist staffing business, where Ross has achieved outstanding financial performance increasing sales revenue from £12m to £104m. He also has a strong track record in transacting and integrating businesses, which is key to Kellan's own growth strategy. Prior to InterQuest, Ross began his career in IT recruitment in 1988 with Hunterskil. In 1997, he was appointed CEO of MPS Group International plc, a group of IT and Professional Services recruitment companies, which included such brands as Modis and Badenoch & Clark. Between 1997 and 2002, Ross was responsible for both organic and acquisitive growth, and over that period the group increased sales revenue from £72 million to £286 million and EBIT from £3 million to £21 million.
John Bowmer and Tony Reeves, Co-Chairmen of Kellan Group, commented on this appointment:
"Ross Eades has led significant successes in his career as CEO of staffing organisations. He has led companies through challenging times in the industry and he is an excellent choice of CEO for the Kellan Group to weather current difficult markets and strengthen the overall position of the Group in the market place. He has the track record and expertise to lead the Group into new areas and strengthen our position in sectors such as IT where his experience is first class. We are delighted he will be joining Kellan Group".
Ross Eades commented:
"I am excited about the challenge of leading Kellan Group. These are tough markets and the wider economic environment is challenging but the Senior Management of Kellan Group has incredible experience and the company is an excellent business with great people to weather the current difficult markets and work towards a strengthened position for the upturn."
Enquiries:
Kellan Group Plc
Anthony Reeves, Co Chairman 020 7268 6200
Will Coker, Chief Financial Officer
Brunswick Group LLP
Anita Scott 020 7404 5959
Helen Barnes
Related Shares:
Kellan Group