IMPELLAM GROUP PLC
("Impellam", the "Group" or the "Company")
The Board of Impellam, the leading provider of managed services and specialist staffing expertise, announces the following board change.
Andrew Burchall, currently Group Finance Director has informed the Board that he wishes to leave the company to pursue other personal and career opportunities. Andrew has served as Group Finance Director since Impellam was formed in May 2008. He has overseen significant improvements in shareholder return, profitability and cash generation during that period. As Impellam now embarks on the next phase of its growth and development, Andrew has decided that this is the right time for him to step down. He will leave Impellam at the end of July 2014 upon release of the 2014 Interim Results.
Julia Robertson, Chief Executive Office commented:
"The Board would like to acknowledge the contribution that Andrew has made to Impellam over the past six years and prior to that in his various roles with The Corporate Services Group plc. His knowledge and commitment have left the Group well positioned both in terms of operational resilience and financial strength."
The Board has commenced a search for a successor to Mr Burchall.
Trading across all divisions in the first quarter is in line with the Board's expectations.
Impellam Group plc |
|
Andrew Wilson, Chairman |
Tel: 01582 692658 |
Julia Robertson, Chief Executive |
Tel: 01582 692658 |
Andrew Burchall, Group Finance Director |
Tel: 01582 692658 |
Cenkos Securities plc(Nominated Advisor and Broker to Impellam) |
|
Nicholas WellsCamilla Hume |
Tel: 020 7397 8900Tel: 020 7397 8900 |
Note to Editors:
Impellam Group plc, traded on the AIM (Symbol: IPEL) is a leading provider of managed services and specialist staffing expertise and is primarily based in the UK and North America, with smaller operations in Australasia, Ireland and mainland Europe. Impellam Group plc provides fulfilling jobs to doctors, lawyers, accountants, nurses, teachers, scientists, receptionists, drivers, chefs, administrators, shop assistants and engineers through 14 specialist brands across a broad range of sectors. Impellam Group plc manage them as teams or individually and help clients build better businesses in a changing world. Impellam Group plc is the 5th largest recruitment business in the UK and, 11th in Europe and 17th worldwide and employs around 6,000 employees including 2,500 managers and consultants across 250 offices.