28 January 2015
Matchtech Group plc
Board Change
Matchtech Group plc (the "Group"), one of the UK's leading specialist engineering and professional services recruitment companies, today announces that Adrian Gunn will step down as Chief Executive and from the Board with immediate effect. With the announcement today of the Group's proposed acquisition of Networkers International plc, Adrian believes that this is the appropriate time to bring forward his retirement from the Group, which he originally planned for 2016.
Brian Wilkinson, Executive Chairman of the Group since December 2013, will take up the role of Chief Executive today. Alongside this, current Senior Independent Non-Executive Director, Ric Piper, will assume the role of interim Non-Executive Chairman until a permanent replacement is identified.
Brian Wilkinson commented: "The Board of Matchtech wishes to thank Adrian for his immense contribution to the Group over the 26 years he has been with us and, in particular, for the progress made since flotation during his 8 years as CEO. He has been instrumental in developing Matchtech to its present position as the UK's largest specialist white-collar engineering recruiter and leaves the business well placed to capitalise on the exciting opportunities presented by the proposed acquisition of Networkers. We wish him well for the future."
For further information please contact:
Matchtech Group plc |
01489 884330 |
Brian Wilkinson, Executive Chairman |
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Tony Dyer, Chief Financial Officer |
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Numis Securities Limited |
0207 260 1000 |
Michael Meade / James Serjeant |
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Newgate - Financial PR |
0207 680 6524 |
Rob Newman / Andrew Jones / Ed Treadwell |
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