For Immediate Release |
4 July 2013 |
STAFFLINE GROUP PLC
("Staffline" or "the Group")
Board Change
The Board of Staffline, the national outsourcing organisation providing people and operational expertise to industry, today announces the following board changes.
Tim Jackson, currently Group Finance Director has informed the Board that he wishes to leave the company to pursue other personal and career opportunities. Tim has served as Finance Director of Staffline for over four years overseeing a significant number of strategic bolt-on acquisitions and the delivery of substantial revenue and profit growth. With Staffline having now delivered significant operational improvement Tim has decided that this is the right time for him to step down and he will leave the Group on 31 July 2013.
In addition, Staffline are pleased to announce the appointment of Philip Ledgard as Group Finance Director and executive member of the board from 9 October 2013.
Philip, aged 36, is currently Finance Director for G4S Integrated Services ('IS'), leading the finance, commercial and IT functions. During his time with G4S IS Philip has overseen a period of major growth, delivering improved cash flow generation and the re-organisation and continual development of the finance and IT teams.
Prior to his role as Finance Director for G4S IS Philip was Regional Financial Controller for G4S UK and Ireland. His professional qualification was earned with PwC in 2000.
The following information is disclosed pursuant to Rule 17, Schedule Two (g) of the AIM Rules.
Previous appointments: |
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Ex Cathedra Limited |
G4S Integrated Services Limited |
G4S Forensic and Medical Services Limited |
G4S Investments Limited |
G4S Joint Ventures Limited |
G4S Overseas Holdings Limited |
Andy Hogarth, Chief Executive of Staffline commented:
"Since his appointment in 2008, Tim has played a key role in the strategic development of Staffline. I and the board would like to thank Tim for his significant contribution to the growth of Staffline and wish him well for the future.
I am also delighted to welcome Philip to Staffline. His experience working across multiple sectors through periods of high growth will be a valuable addition as we continue to expand our business. Both the board and myself look forward to working with Philip."
Ends.
For further information please contact:
Staffline Group plc |
0115 950 0885
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Andy Hogarth, Chief Executive |
07931 175775 |
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Liberum Capital Limited |
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Chris Bowman / Richard Bootle |
020 3100 2222 |
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Buchanan |
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Jeremy Garcia / Gabriella Clinkard |
020 7466 5000 |
About Staffline
Staffline Group plc is a recruitment organisation specializing in food processing, manufacturing, e-retail and logistics. Staffline provides and manages industrial workforces and uses training and business improvement techniques to ensure increased levels of efficiency to give their clients a significant commercial advantage. Operating from over 200 locations in the UK, Staffline supply up to 30,000 blue collar workers each day. Brands include Staffline Express and Select Appointments; the High Street branch operations; OnSite based on clients' premises; Elpis Training a national training and consultancy organisation; OSP a specialist volume recruitment call centre; and Eos a provider of Welfare to Work services.