DGAP-News: Manuel 'Manolo' Marquez Named Chairman and CEO of Hudson Highland Group
ID: 362217
07.03.2011 22:37
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NEW YORK, 2011-03-07 22:37 CET (GLOBE NEWSWIRE) --Hudson Highland Group, Inc. (Nasdaq:HHGP) today announced that Manuel 'Manolo'
Marquez has signed an agreement to become chief executive officer of the
company. He also has been appointed to the Board of Directors, effective
immediately, and will serve as Chairman of the Board once his term as chief
executive officer begins. Marquez will be based in New York.
Marquez is a recruitment industry veteran, having spent 15 years at global
executive search firm Spencer Stuart, where he rose to lead the EMEA region
before leaving to become CEO of Amper S.A., a publicly-traded defense, homeland
security and telecom services company in Spain.
Richard J. Stolz, current company Chairman, said, 'We are thrilled to welcome
an executive of Manolo's caliber to Hudson. He brings a proven track record of
successfully leading and building great teams to deliver results. Manolo's
growth focus, global business experience and industry depth make him the ideal
person to lead Hudson forward.'
'I am excited by the opportunity to lead Hudson into its next era of growth,'
said Marquez. 'Hudson has a strong market position, innovative recruitment and
staffing solutions, and a highly talented team. I look forward to working
closely with the Board and senior leadership team to build on Hudson's
strengths to realize its potential as a world-class organization.'
Stolz added, 'The Board would also like to express its gratitude to Mary Jane
Raymond for her service as interim CEO and her commitment to facilitating a
seamless leadership transition as our chief financial officer.'
Hudson also announced that it is granting Marquez 400,000 stock options and
100,000 restricted stock units effective upon Marquez becoming chief executive
officer. The stock options vest 50 percent on each of the second and third
anniversaries of his employment, and the restricted stock units vest 50 percent
on the second anniversary and 25 percent on each of the third and fourth
anniversaries.
Marquez will begin his term as Chairman and CEO upon securing a U.S. visa over
the next several weeks.
Biography of Manuel 'Manolo' Marquez
Manuel 'Manolo' Marquez (52) has over 20 years of experience in senior
leadership positions. Most recently, from 2007 - 2010, he was the chief
executive officer of Amper S.A., a leading defense, homeland security and
telecom services company in Spain with approximately 1,200 employees.
Prior to joining Amper, Marquez spent 15 years in the recruitment industry with
Spencer Stuart, an international leader in executive search consulting
services. He joined Spencer Stuart in 1991 and co-founded one of the firm's
first specialized industry practices, High Technology. In 1995, he was asked
to lead the European Telecommunications Practice. From 1997-2000, he was the
Managing Partner responsible for the Spanish market. From 2000 - 2005, he was a
member of the global executive team of Spencer Stuart responsible for the
firm's operations in Europe, India and South Africa, expanding this region to
14 countries with over 100 consultants and record-setting results in terms of
client service quality and performance.
Marquez began his professional career at IBM in 1981. He later joined Digital
Equipment Corporation in 1989, as marketing and sales director for its Spanish
subsidiary. Marquez has been a member of the Advisory Board of ESADE Business
School, one of the most prestigious universities in the world, since 2007.
An expert on corporate governance, succession and leadership, he co-authored
the book 'Retratos de Liderazgo' ('Portraits of Leadership'). He graduated with
honors in telecommunications engineering from the Polytechnic University in
1981, and received his Business Sciences degree from Autonoma University of
Madrid in 1982.
About Hudson Highland Group
Hudson Highland Group, Inc. is a leading provider of permanent recruitment,
contract professionals and talent management services worldwide. From single
placements to total outsourced solutions, Hudson helps clients achieve greater
organizational performance by assessing, recruiting, developing and engaging
the best and brightest people for their businesses. The company employs more
than 2,000 professionals serving clients and candidates in approximately 20
countries. More information is available at www.hudson.com.
CONTACT: David F. Kirby
Hudson Highland Group
212-351-7216
david.kirby@hudson.com
News Source: NASDAQ OMX
07.03.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Hudson Highland Group, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US4437921061
WKN:
End of Announcement DGAP News-Service
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Datum: 07.03.2011 - 22:37 Uhr
Sprache: Deutsch
News-ID 362217
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