ROBERT WALTERS PLC
("Robert Walters" or "the Company")
Robert Walters PLC, the leading international recruitment group, announces that Carol Hui's nine-year tenure expires on 29 January 2021 and that she has informed the Board of her intention to step down as Non-executive Chairman on that date.
As part of a planned succession process, the Board is pleased to announce that, after a comprehensive search, Ron Mobed has been appointed to succeed Carol. He will join the Robert Walters Group as Chairman Designate and as a member of the Board on 1 December 2020 and work closely with Carol to ensure a smooth hand over of responsibilities before formally taking on the Non-executive Chairman role on 29 January 2021.
Ron has a wide range of international experience having most recently held the position of Chief Executive Officer of Elsevier, the largest operating unit of RELX Group PLC (the global provider of information and analytics for professional and business customers). Prior to that, Ron spent 24 years at Schlumberger before joining IHS where he was President, Energy and COO and then Vice-Chairman in 2008. Ron is currently a Non-executive Director at AVEVA Group plc as well as Ordnance Survey and is a Supervisory Board Member at Fugro N.V.
Carol joined the Robert Walters Group Board in January 2012, became the Senior Independent Director in 2017 and has been Non-executive Chairman since March 2018. Over those nine years, Carol has played a hugely valuable role in helping the Group to develop into the one of the world's leading global specialist professional recruitment businesses.
Commenting on her time with the Robert Walters Group, Carol Hui said "I have thoroughly enjoyed my roles on the Robert Walters Board over the last nine years. The Company continues to go from strength to strength and is extremely well positioned to take advantage of the various exciting opportunities it has in store in the years ahead. My thanks go out to the rest of the Board and colleagues around the Group for their unwavering support over the years."
Robert Walters, CEO, commented "On behalf of the Board, I would like to thank Carol for her dedication and commitment to the Group. We have significantly benefited from her expertise and governance and wish her well in the future. The Board is delighted to have secured an individual of Ron's calibre and international experience and we look forward to working with him closely in the years ahead."
Details of Ron's current and previous directorships in the past five years are set out below:
AVEVA Group plc
Aveva Solutions Limited
There are no additional disclosures required to be made in accordance with LR 9.6.13R of the Listing Rules of the UK Listing Authority.
Robert Walters plc
Robert Walters, Chief Executive
Alan Bannatyne, Chief Financial Officer
+44 (0) 20 7379 3333
+44 7767 345 563
About Robert Walters Group
The Robert Walters Group is a market-leading international specialist professional recruitment group with over 3,700 staff spanning 31 countries. We specialise in the placement of the highest calibre professionals across the disciplines of accountancy and finance, banking, engineering, HR, IT, legal, sales, marketing, secretarial and support and supply chain and procurement. Our client base ranges from the world's leading blue-chip corporates and financial services organisations through to SMEs and start-ups. The Group's outsourcing division, Resource Solutions is a market leader in recruitment process outsourcing and managed services.
Forward looking statements
This announcement contains certain forward-looking statements. These statements are made by the directors in good faith based on the information available to them at the time of their approval of this announcement and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.